A clause inserted into sliding scale treaties to permit the reinsurer to give notice of termination should a maximum rate become payable in any year and the cedant has the same facility if the minimum rate becomes payable in any year.
Insurance Encyclopedia
Escheat laws
State statutes under which unclaimed interest or financial values including life insurance benefits return (escheat) to the state because no designated beneficiary or heir can be located. Also called unclaimed property statutes . See also unclaimed benefits .
Escort services
See: transportation services .
Escrow
A document which has been sealed and delivered to a person who is not a party to it on the understanding that it is not to take effect until some vent happens or some condition is fulfilled.
ESOP
See: employee stock ownership plan (ESOP) . Also See: leveraged employee stock ownership plan (LESOP) .
ESRD eligibility requirements
To qualify for Medicare under the renal provision, a person must have end-stage renal disease (ESRD) and either be entitled to a monthly insurance benefit under Title II of the Act (or an annuity under the Railroad Retirement Act), be fully or currently insured under Social Security (railroad work may count), or be the spouse or dependent child of a person who meets at least one of the two last requirements. There is no minimum age for eligibility under the renal disease provision. An Application for Health Insurance Benefits under Medicare for Individuals with Chronic Renal Disease, Form CMS-43 (effective October 1, 1978) must be filed.
ESRD facility
See: end-stage renal disease (ESRD) treatment facility .
ESRD network
All Medicare-approved end-stage renal disease (ESRD) facilities in a designated geographic area specified by the Centers for Medicare and Medicaid Services (CMS).
ESRD network organization
Administrative governing body of the end-stage renal disease (ESRD) network and liaison to the federal government.
ESRD patient
Person with irreversible and permanent kidney failure who requires a regular course of dialysis or kidney transplantation to maintain life.