Government mandates

Federal order or command for individuals to adhere to the legislation set down for the Medicare and Medicaid programs such as time limits in submitting insurance claims and correct use of diagnostic and procedural codes for billing.

GP

1. HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating services delivered under an outpatient physical therapy plan of care. 2. Abbreviation for general practitioner. See general practitioner (GP) .

GPS Tracking for Motor

Parents wishing to expand on the Big Brother theme can purchase the Live View GPS Live Track PT-10. It is a tracking system that updated a vehicle’s position every 10 seconds. Watching it live requires only Internet access. Small and portable, the tracking device can be moved from vehicle to vehicle. It can also alert parents through their cell phone if the vehicle’s present speed threshold is exceeded or if the vehicle enters/exits certain areas. It and similar Live View GPS Products are also handy tools for business that need to tract their fleet vehicles.

GQ

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating service provided using an asynchronous telecommunications system.

Grace days

1. Inpatient hospitalized days that may be billed to the patient because they occurred after the hospital received a quality improvement organization (QIO) denial notice. 2. Number of days established by the QIO that are necessary for the physician or family to arrange for the patient’s discharge from the hospital.

Grace Period

(i) A period of time, during which period a past due premium may be paid without a penalty. (ii) A period of time, usually 30 days following the premium due date during which a premium may be paid. The Policy remains in force throughout this period. This type of grace period is given only in case of any guarantee given by the insured i.e., through his banker’s and so forth.
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UK: A period (usually 15 days) for which cover continues beyond the expiry date of an annual term to allow for the payment of the premium. This privilege will be forfeited if the insured expressly or impliedly rejects the renewal terms. There is no grace period in motor or marine insurance. In life insurance a privilege condition allows 30 days of grace for the payment of the premium (other than for monthly premiums) and if the event insured against occurs within that grace period, the unpaid premium will be deducted from the policy proceeds. See RENEWAL.
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A period after the premium due date during which an overdue premium may be paid without penalty. The policy remains in force throughout this period.
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A short period during which cover under an annual policy may be extended beyond its expiry date to allow for the payment of a renewal premium. The privilege will be lost if the insured rejects the proposed renewal terms, by his actions or words. There are no grace periods in motor or marine insurance.
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US: A specified period after a premium payment is due, in which the policyholder may make such payment, and during which the protection of the policy continues.
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A specified period immediately following the premium due date during which a payment can be made to continue a policy in force without interruption. This applies only to Life and Health policies. Check your policy to be sure that a grace period is offered and how many days, if any, are allowed.
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MEDICAL,USA: Set number of days following the insurance policy’s premium due date during which insurance remains in force, may not be canceled, and the policyholder may pay the premium without penalty or loss of benefits. Grace periods vary by contract from 30 to up to 120 days.
(i) A period of time, during which period a past due premium may be paid without a penalty. (ii) A period of time, usually 30 days following the premium due date during which a premium may be paid. The Policy remains in force throughout this period. This type of grace period is given only in case of any guarantee given by the insured i.e., through his banker’s and so forth.
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UK: A period (usually 15 days) for which cover continues beyond the expiry date of an annual term to allow for the payment of the premium. This privilege will be forfeited if the insured expressly or impliedly rejects the renewal terms. There is no grace period in motor or marine insurance. In life insurance a privilege condition allows 30 days of grace for the payment of the premium (other than for monthly premiums) and if the event insured against occurs within that grace period, the unpaid premium will be deducted from the policy proceeds. See RENEWAL.
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A period after the premium due date during which an overdue premium may be paid without penalty. The policy remains in force throughout this period.
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A short period during which cover under an annual policy may be extended beyond its expiry date to allow for the payment of a renewal premium. The privilege will be lost if the insured rejects the proposed renewal terms, by his actions or words. There are no grace periods in motor or marine insurance.
*****
US: A specified period after a premium payment is due, in which the policyholder may make such payment, and during which the protection of the policy continues.
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A specified period immediately following the premium due date during which a payment can be made to continue a policy in force without interruption. This applies only to Life and Health policies. Check your policy to be sure that a grace period is offered and how many days, if any, are allowed.
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MEDICAL,USA: Set number of days following the insurance policy’s premium due date during which insurance remains in force, may not be canceled, and the policyholder may pay the premium without penalty or loss of benefits. Grace periods vary by contract from 30 to up to 120 days.