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Standing Charges

Constant charges prevailing throughout whether the turnover is reduced or not.
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UK: A business interruption term describing the ongoing costs, i.e. fixed costs or costs that do not decrease proportionately with turnover. They must be paid by the business notwithstanding the curtailment of trading. These expenses, e.g. rent, are at risk and therefore payable out of gross profit, the main item insured under the policy.

Standstill

An engineering policy added to erection all risks or contractors all risks cover when a construction project enters a period of inactivity, i.e. goes on ‘standstill’. The policy is on a named peril basis.

Stark I Regulations [42 U.S.C.A. § 1395nn (1989)]

Legislation introduced by U.S. Representative Pete Stark and passed as part of the Omnibus Budget Reconciliation Act (OBRA) of 1993. Its purpose was to save Medicare dollars by preventing overuse of medical services. Stark I prohibits physicians from referring a patient to a clinical laboratory in which the doctor or a member of his or her family has a financial interest, except in specific situations. This differs from anti-kickback laws because it has to do with self-referral instead of referring to another physician. Sometimes referred to as antikickback act or antikickback statute .

Stark II Regulations [42 U.S.C.A. § 1395nn(h)(6) (1993)]

Amendment to Stark I as part of the Omnibus Budget Reconciliation Act (OBRA) of 1993. Its purpose was to prevent a physician from referring a Medicare or Medicaid patient to a facility in which the physician has a financial interest. It prohibits any payment paid directly or indirectly to providers. A facility might have services such as physical therapy, occupational therapy, radiology and other diagnostic services, radiation therapy, durable medical equipment, parenteral and enteral nutrition, equipment and supplies, prosthetics and orthotics, home health services, outpatient prescription drugs, and inpatient or outpatient hospital services. This law encouraged doctors to form groups and join health systems as employees. Sometimes referred to as antikickback act or antikickback statute .

Start Up Expenses

Additional Expenses of Rent for an Alternative Accommodation : The policy is extended to cover start-up costs necessarily and reasonably incurred by the insured consequent upon a loss or damage covered under the basic material damage policy.