Second level of the appeal process for an individual applying for SSDI or SSI. This is a hearing before an administrative law judge who had no part in the initial or reconsideration disability determination.
Insurance Encyclopedia
Hearing officer hearing
In the Medicare program, this is Level 2, an independent determination related to insurance claims in which a party has appealed a review decision within 6 months of the date of notice of the decision; the hearing is rendered by a hearing officer assigned by the contractor. For Level 2, there is no requirement regarding the amount of money in controversy.
Hearsay
Testimony based on what someone else has said or told a witness.
Heart rate
Frequency with which the heart beats, calculated by counting the number of QRS complexes or ventricular beats in one minute.
Heat Dome –
An area of sweltering heat caused by strong, high-pressure atmospheric conditions that combine with influences from La Nina. Vast areas of extreme heat get trapped under this high-pressure dome. Heat domes are caused by strong changes in ocean temperatures from west to east in the tropical Pacific during the preceding winter. Winds move the hot are from west to east, and the jet stream traps the air and moves it towards land where it sinks and results in extreme heat waves.
Heat of Combustion
The amount of heat released during a substance’s complete oxidation (Combustion).
Heating Degree Day (HDDs)
A unit of temperature in a weather derivative measuring how low the average daily temperature is relative to a reference temperature, usually 18°C or 65°F. A baseline of 18°C minus an average temperature of 13°C gives 5 HDDs signifying how much heating is required that day by a weather-affected trader, e.g. pavement café. The payout is a specified notional amount, i.e. the tick, multiplied by the difference between the HDD level specified in the contract (the strike) and the cumulative HDDs for the period. HDDs are used as a hedge against ‘cooler’ summers by leisure companies, beverage suppliers, etc. Compare with cooling degree days. See COOLING SEASON; HEATING SEASON.
Heating processes
Process involving the application of heat such as drying, baking and cooking. The term is significant in fire insurance as damage to any property undergoing a heating process is an excluded form of loss. It is not an excluded risk, as any fire damage that flows from the damage to the heated property will be covered by the policy.
Heating season/winter season
Weather risk term meaning November to March. Weather derivatives may run for just one season or a full year. See COOLING SEASON.
Heave
Upward movement of land that can result from the expansion of the clay sub-soil after the removal of trees or other vegetation or from the natural movement of earth and rock. Heave is usually insured when subsidence is also covered.
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Horizontal displacement upwards, as distance from subsidence.