United Nations rules for EDIFACT comprise a set of internationally agreed on standards, directories, and guidelines for computer-to-computer electronic interchange of data. It provides a forum and basis for development of international standards.
Insurance Encyclopedia
ELECTRONIC DATA PROCESSING (EDP)
Standard property insurance policies exclude many of the perils associated with losses involving software and data processing hardware. These include electrical disturbances and changes in temperature or humidity. Moreover, the coverage for software is limited to the replacement of blank tapes or CDs and business interruption is limited to 60 days.Purchase of an Electronic Data Processing (EDP) policy can fill these coverage gaps. Most policies include coverage for electrical surges, mechanical breakdown, and changes in temperature and humidity. Extra expense and business interruption due to a halt in data processing is also available.
Electronic Data Processing (EDP) Coverage
Specialized type of insurance designed to cover computer equipment, data systems, information storage media and expenses or income loss related to EDP losses.
Electronic data processing coverage (Property Insurance)
Insurance that covers computers, data systems, and income lost due to loss of electronic data processing capability.
Electronic discovery (e-discovery)
To gather and use evidence in legal proceedings that complement traditional methods such as photocopies, printouts, and digital images of patient medical records.
electronic document management (EDM)
Handling of a document in an electronic format by capturing, indexing, and storing it.
Electronic Fund Transfer Act (EFTA)
Federal regulation that limits the consumers’ liability if there has been an unauthorized use of an automatic teller machine (ATM) card, debit card, or other electronic banking device. Consumers are only covered by a $50 liability limit if they notify their financial institution within 2 business days of discovering a problem of unauthorized use of their debit card. If notification is delayed, the liability can jump to $500.
electronic funds transfer (EFT) system
1. Paperless computerized system enabling funds to be debited, credited, or transferred to a provider’s financial institution, eliminating the need for personal handling of checks (e.g., from an insurance company’s account directly to the accounts receivable of the physician’s medical practice). Some insurance companies are using this system for Medicaid and Medicare payments. 2. Simple method of paying monthly insurance premiums in which the insured prearranges with his or her bank to automatically transfer payments to the insurance company’s account from his or her checking account. See also automatic bill payment and preauthorized payment . Also called automatic bill payment, bank check plan, check-o-matic, check deposit billing, preauthorized checking , or preauthorized payment . See also deposit-only bank accounts .
electronic health record (EHR)
Collection of medical information about the past, present, and future of a patient that resides in a centralized electronic system and is interoperable. This system receives, stores, transmits, retrieves, and links data for giving health care services from many information systems such as laboratory, radiology, pathology, and financial services. See also electronic medical record (EMR) .
Electronic Healthcare Network Accreditation Commission
Organization that tests transactions for consistency with the Health Insurance Portability and Accountability Act (HIPAA) requirements and that accredits health care clearinghouses.