Contingent that which happens only after something else has occurred.
Insurance Encyclopedia
Indirect business
1. Business transacted with the insurer through an intermediary such as a broker or agent. 2. Business accepted by way of reinsurance.
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Insurance received by insurer through a broker or agent entitled to commission, or through another insurer, as distinct from business transacted directly between the insurer and the insured. Indirect Damage
Indirect costs
1. Medical practice business overhead costs that are not associated with the physician’s medical service directly provided to the patient (e.g., rent, office supplies, utilities). 2. In managed care programs, cost that cannot be associated directly with a certain activity, service, or product. Indirect costs are usually distributed among the plan’s services in proportion to each service’s share of direct costs.
Indirect damage
Sometimes referred to as indirect loss, this is loss resulting from a peril but not directly caused by that peril. An example is fire damaging a freezer (direct damage), with resultant food spoilage (indirect damage).
Indirect Loss
A loss that occurs indirectly as a consequence of a given peril. See Also: “Consequential Loss.”
Indirect loss/damage (Property Insurance)
Also known as a consequential loss. A loss that occurs as a result of a hazard but not directly caused by that hazard. For example, loss of a taxi due to an accident is a direct loss. Loss of income because the taxi is no longer functional is an indirect loss.
Indirect medical education adjustment
Change or modification applied to payments under the prospective payment system (PPS) for hospitals that operate approved graduate medical education programs. For operating costs, the adjustment is based on the hospital’s ratio of interns and residents to the number of beds. For capital costs, the adjustment is based on the hospital’s ratio of interns and residents to average daily occupancy.
Indirect payer
See: third-party payer, insurance company, insurer , or payer .
Indirect Property Loss
A loss that occurs because some property is adversely affected by the fact that some other property is damaged destroyed or taken by a specified peril. For example, food in a refrigerator spoils when Fire destroys a transformer.
Indirect treatment relationship
Association or connection between an individual and a health care provider in which the provider delivers care to the patient based on orders from another physician and the provider either gives services and supplies, reports diagnoses, or provides results directly to another provider who interacts with the patient. For example, a radiologist or a pathologist would be considered to have indirect treatment relationships with patients because they provide diagnostic services requested by other providers and furnish results to the patient through the direct treating physician.