A Statement in which a producer specifies where his goods were manufactured, certifies that manufacturing has been completed, and confirms that the goods are at the buyer’s disposal.
Insurance Encyclopedia
Certificate of medical necessity (CMN)
1. Certification by a provider to an insurance carrier that a medical service or procedure is medically necessary because of the patient’s condition. 2. Form required by Medicare that allows the patient to use certain durable medical equipment prescribed by a physician or one of the physician’s staff. 3. In Medicare fraud, to complete a CMN for patients not personally and professionally known by the physician.
Certificate of merit
Document that is required for an independent medical expert to review a patient’s medical record and certify that a claim has merit before a formal medical liability lawsuit is filed.
Certificate of need (CON)
Document of approval issued by a state or government agency that legally allows an organization or health care institution to construct or modify a health care facility, incur a major capital expenditure, obtain expensive medical equipment, or offer a new or different health service. An investigation is done before receiving the CON to make sure the facility or service meets the needs of those for whom it is intended. Also referred to as planning approval.
Certificate of Origin
Documentary evidence to the import country’s customs authorities that the cargo: (a) is not from an embargoed or restricted country; (b) genuinely comes from the country specified; (c) is included in official statistics; (d) is included or may be included with other documents.
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A statement signed by the exporter, or his agent, and attested to by a local Chamber of Commerce, indicating that the goods being shipped or a major percentage of them, originated and were produced in the exporter’s country.
Certificate of Registration, Motor
The Certificate issued by the Competent Authority to the effect that a motor vehicle has been duly registered in accordance with the provisions of the Act.
Certificate of Reinsurance
A short-form documentation of a reinsurance transaction.
Certificate of waiver
Document issued to a laboratory to perform only waived tests. These are simple examinations or procedures that use methodologies that are so easy and accurate that the likelihood of erroneous results is negligible and poses no reasonable risk of harm to the patient if the test is performed incorrectly.
Certificate rider
Amendment or supplement to the certificate of insurance.
Certificate T
Certification by the scheme actuary that in a contracted out salaryrelated pension scheme, certain liabilities are 100 per cent funded in accordance with the valuation method specified for the minimum funding requirement.