Insurers are not liable for a loss caused by action prompted by the fear of loss by an insured peril. The insured peril is the remote cause not the proximate cause of the loss. The principle does not absolve insurers from their liability for sue and labour charges, salvage charges or general average contribution when properly incurred to prevent loss from a actual or imminent peril.
Insurance Encyclopedia
fecal occult blood test (FOBT)
Guaiac-based test for peroxidase activity that the patient completes by taking samples from two different sites of three consecutive stools. CPT codes 82270 through 82274 and HCPCS codes G0107 and G0328 apply to this test.
Federal Acquisition Regulation (FAR)
System established for the codification and publication of uniform policies and procedures for acquisition by all executive government agencies.
Federal Bureau of Investigation (FBI)
Government agency that investigates and prosecutes federal offenses and criminal activities. It plays an active role in investigating health insurance fraud and abuse related to federal or private health insurance programs. It has direct access to Medicare administrative contractor data and other records.
Federal Coal Mine Health and Safety Act of 1969
Federal workers’ compensation plan administered by the U.S. Department of Labor (DOL). This act, also referred to as the Black Lung Benefits Act , became effective on May 7, 1941. Services for Medicare patients with diagnoses related to black lung are billed to the DOL for reimbursement. Also known as the Black Lung Program .
Federal crime insurance
Insurance against burglary, larceny, and robbery losses offered by the federal government where the Federal Insurance Administration has determined that such insurance is not otherwise readily available.
Federal crime insurance program (Criminal)
Program administered by the federal government wherein insurers offer crime insurance for people otherwise unable to get it. Offered on residential and commercial risks in many states.
Federal crop insurance
Coverage for farmers that is overseen and subsidized by the federal government and marketed and serviced by private insurers and agents. Federal crop insurance offers an array of insurance policies that cover loss of crop value arising from extremely hot weather, drought, excessive moisture, flood, wildlife damage, earthquake, insects, and disease. These policies protect a farmer against production or revenue losses when a particular insured crop does not meet a preset production guarantee. The Risk Management Agency (RMA) of the U.S. Department of Agriculture oversees the federal crop insurance program. RMA provides policies for more than 100 crops, the majority of U.S. crops, although coverage may not be available for some crops in some areas. Federal crop insurance is also referred to as multi-peril crop insurance (MPCI).
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A comprehensive coverage at rates subsidized by the federal government for unavoidable crop losses.
Federal Deposit Insurance Corporation (FDIC)
A federal government agency that insures bank deposits, up to $250,000.
Federal Drug Abuse Prevention, Treatment, and Rehabilitation Act
Federal legislation that protects the confidentiality of the identity, diagnosis, prognosis, and treatment of any patient for drug abuse.