List of surgical procedures that should be performed as an outpatient to reduce unnecessary inpatient hospital admission.
Insurance Encyclopedia
Mandatory retirement (Pensions)
A retirement age mandated by a pension plan. When the insured reaches this age, he or she must retire, regardless of willingness to do so.
mandatory securities valuation reserve (MSVR)
Liability account designed to absorb, within specified limits, realized and unrealized gains and losses that result from an insurance company’s investments.
Mandatory spending
Outlay of funds for entitlement programs such as Medicare and Medicaid that are not subject to the federal appropriations process.
Mandatory supplemental benefits
Medical services not covered by Medicare that enrollees must purchase as a condition of enrollment in a Medicare Advantage Plan. Usually those services are paid for by premiums and/or cost sharing. Mandatory supplemental benefits can be different for each Medicare Advantage Plan. Medicare Advantage Plans must ensure that any particular group of Medicare beneficiaries does not use mandatory supplemental benefits to discourage enrollment.
Manifest
A list of the goods being transported by a carrier.
Manifestation
Characteristic signs or symptoms associated with an illness.
Manifestation theory
See: Occurrence Trigger Theories; TRIPLE TRIGGER THEORY.
Manifestation/Injury Theories
Two theories often used to identify the time when a person suffers bodily harm. The timing of this harm can be important in determining which of two or more Insurance policies provides coverage. Under the injury the theory, a person suffers harm when he first comes into contact with the physical Agent which ultimately results in injury or disability, frequently after a significant period of dormancy.
Manipulation
Reduction or correction of a fracture or joint dislocation by applying manual force to move it into its normal anatomical position or alignment.