The person who executive an Affidavit.
Insurance Encyclopedia
Affidavit
A statement or declaration reduced to Writing and sworn to or affirmed before some officer who has authority to administer oaths or affirmations.
Affidavit of Claim
A form required when a claim is filed. In general, it contains the facts on which the claim is based.
Affiliate
Corporation in which a majority of the stock is owned by any or all of the stockholders, directors, or officers of another corporation. These individuals also own a majority of the stock in that other corporation.
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Is a company that controls, or is controlled by another company, or is one of two or more commonly controlled companies.
Affiliated Companies
Companies related through common ownership of their securities or interlocking Directorates.
Affiliated contractor (AC)
Medicare carrier, fiscal intermediary (FI), or other contractor such as a durable medical equipment regional carrier (DMERC) that shares some or all of the provider service carrier’s (PSC’s) jurisdiction in which the affiliated contractor performs non-PSC Medicare functions such as claims processing or education.
Affiliated entities
Under the privacy rule, allows several entities to be treated as a single covered entity. Only one consent is necessary, which binds all of the affiliated entities.
Affiliated health care provider
See: participating provider (par) or participating physician.
Affiliated hospital
See: hospital affiliation.
Affiliation period
Length of time managed care plan members must wait before receiving benefits. It is an alternative to preexisting condition exclusions seen in insurance plans. Under the Health Insurance Portability and Accountability Act (HIPAA), an affiliation period may not last longer than 2 months or, if a late enrollee, 3 months. It begins on the member’s date of enrollment. If a member changes coverage more than 3 months after the enrollment date, the new plan cannot impose an affiliation period.