HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating a medically unnecessary upgrade provided instead of standard item, no charge, no Advance Beneficiary Notice (ABN).
Insurance Encyclopedia
Glass coverage form (Property Insurance)
A form that covers commercial glass; for example, plate glass.
Glass insurance
US: A property insurance policy covering breakage of building glass (such as windows) regardless of cause. The 2000 edition standard property insurance policies provide very limited coverage for glass breakage.
****
UK: Breakage of all types of glass (e.g. wired and embossed plate, figured glass, etc.). The insurers will make good or pay full replacement value, including shop fronts with lettering. Any breakage insurable under a fire policy or caused by explosion is excluded. Fixed glass in dwellings is insured under household comprehensive policies.
****
MEDICAL,USA: Insurance coverage for breakage of glass items caused by all risks but subject to exclusions of war and fire.
****
Popularly known as Plate Glass Insurance. The Policy covers loss or damage to the plate glass occasioned by breakage from almost any peril. However, Fire is usually excluded because it is covered under any basic property policy and war is excluded. The maximum indemnity is value of the glass at the time of occurrence of loss or insured’s estimate of value mentioned in the Policy, whichever is less. The word “breakage” will not include scratches, disfiguration, discoloration of damage other than fracture extending through the entire thickness of the glass.
****
US: Protection for loss of or damage to glass and its appurtenances.
Glaucoma screening
Dilated eye examination with an intraocular pressure measurement and a direct ophthalmoscopic examination, or a slit-lamp biomicroscopic examination, to identify eye disorders or early signs of glaucoma.
Glider policy
Covers: loss/damage during launching, flight and landing, all subject to an excess; loss/damage while in a picketed hangar or not left unattended in the open at an approved launching site or in transit; third party injury and damage; passenger liability.
Global billing
Act of increasing the fee for the purchased diagnostic service before billing.
Global budget
1. Method of cost containment in which the government places a ceiling or cap on total public and private health care expenditures for a specific population within a specified time period. This type of cost containment applies to expenditures by insurers and individuals. 2. In the hospital setting, a limit of total budget as a cost containment method in which participating hospitals share one projected budget and give out each hospital facility’s funds from that budget. Also called total budget .
Global capitation
Reimbursement method in which a managed care plan provides and pays for all health care services for an enrolled population of patients including physicians and hospitals. The plan accepts all risk for that population, which means it needs to keep costs for health care below the amount of premiums collected. A portion of the global cap may be withheld to pay for specialist care referred by primary care physicians. Each year excess funds may be either paid out or carried forward against future global capitation payments to the primary care physicians. Also called full-risk capitation, full-risk contract , or fully capitated .
Global Coverage Policy for Liability Insurance
Large business groups which operate in many countries have special insurance problems. They may have to arrange local insurance as per local laws. Nevertheless, the group head office may arrange a “Global Legal Liability Policy” to cover any gaps in local insurance cove rages or on an “excess of loss” basis to take care of large losses.
Global excess/insurance
Reinsurance insurance covering all, or nearly all, of the reinsured’s business, i.e. ‘globally’ in ‘business spread’ and not ‘geographic’ terms. The ‘global’ pays losses in excess of the aggregate net aggregated losses sustained by the reinsured’s many departments (e.g. motor, aviation, marine, property, etc.) following one major event, such as Hurricane Betsey, that strikes simultaneously at ships, aircraft, property on land etc. Policy wording is similar to an excess of loss catastrophe reinsurance. ‘Globals’ can provide cover for specific risks as well as large risk accumulations.