Describes a situation in which all of the possible outcomes of an event are known ahead of time. For example, when you throw a dice or flip a coin, you know all of the possible outcomes.
Insurance Encyclopedia
A Rates or Judgment Rates
Rates based on what the underwriter believes is best for each risk, rather than on what has happened in the past (losses).
A.M. Best rating
An evaluation published by A.M. Best Company of all life, property, and casualty insurers domiciled in the United States and U.S. branches of foreign property insurer groups active in the United States. The ratings are frequently used to assess insurance companies’ claims-paying ability, suitability, service record, and financial stability. Standard & Poor’s, Conning & Company, Fitch, and Moody’s are some of the other rating agencies.
A.T.
American Terms is a term used to differentiate between the conditions of American policies from those of other nations, principally England.
A/B jurisdictions
Fifteen regions in the United States assigned to Medicare Administrative Contractors (MACs) for receiving and processing insurance claims for Medicare Parts A and B.
Medicare Parts A/B Jurisdictions of Medicare Administrative Contractors (MACs) .
Jurisdiction 1: American Samoa, California, Guam, Hawaii, Nevada, and Northern Mariana Islands.
Jurisdiction 2: Alaska, Idaho, Oregon, and Washington.
Jurisdiction 3: Arizona, Montana, North Dakota, South Dakota, Utah, and Wyoming.
Jurisdiction 4: Colorado, New Mexico, Oklahoma, and Texas.
Jurisdiction 5: Iowa, Kansas, Missouri, and Nebraska.
Jurisdiction 6: Illinois, Minnesota, and Wisconsin.
Jurisdiction 7: Arkansas, Louisiana, and Mississippi.
Jurisdiction 8: Indiana and Michigan.
Jurisdiction 9: Florida, Puerto Rico, and U.S. Virgin Islands.
Jurisdiction 10: Alabama, Georgia, and Tennessee.
Jurisdiction 11: North Carolina, South Carolina, Virginia, and West Virginia.
Jurisdiction 12: Delaware, District of Columbia, Maryland, New Jersey, and Pennsylvania.
Jurisdiction 13: Connecticut and New York.
Jurisdiction 14: Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
Jurisdiction 15: Kentucky and Ohio.
A1
MARINE: This is the highest rating given by Lloyd’s Register to a ship for its seaworthiness. It is also known as “First Class.” The letter “A” indicates that the ship’s hull is strong and safe on the water, and the letter “1” indicates that its rigging and gear are in good condition.
USA MEDICAL: HCPCS Level II modifier for wound dressing that can be used with CPT or HCPCS Level II codes. The use of this modifier has an impact on Medicare payment.
A2
HCPCS Level II modifier for CPT or HCPCS Level II codes indicating wound dressing for two wounds. The use of this modifier has an impact on Medicare payment.
A3
HCPCS Level II modifier that can be used with CPT or HCPCS Level II codes to indicate three wound dressings. The use of this modifier has an impact on Medicare payment.
A4
HCPCS Level II modifier for dressing four wounds that can be used with CPT or HCPCS Level II codes. The use of this modifier has an impact on Medicare payment.
A5
HCPCS Level II modifier for CPT or HCPCS Level II codes indicating wound dressing for five wounds. The use of this modifier has an impact on Medicare payment.