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Insurance Encyclopedia
Rejected claim
Insurance claim submitted to insurance carrier that is discarded by the system due to a technical error (omission of erroneous information) or because it does not follow Medicare instructions. It is returned to the provider for correction or change so that it may be processed properly for payment. It cannot be appealed. Also called soft denial .
Rejection
(i) Refusal by an insurer to underwrite a risk. (ii) Sometimes used to refer to the refusal or denial of a claim by an insurer.
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MEDICAL,USA: 1. Refusal by an insurance company to insure an applicant. 2. Refusal by an insurance company to pay an insurance claim. This can occur when a medical service is not a benefit of the health insurance plan.
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A term used for an insurer’s refusal to insure a given risk. This term can also be used to describe the insurer’s refusal to pay a submitted claim.
Rejection insurance
Covers loss due to goods being rejected or condemned by the governmental authorities of the importing state. Insurance is arranged by exporters of consumer goods, including food, that may be perceived to have a health risk. Cover is conditional upon high standards of quality control in the country of origin.
Rejection Risks
Rejection risk Insurance is a form of supplementary coverage offered by the Insurer only to selected clients. This Insurance is concerned with any rejection or condemnation by the government of the country importing edible foods.