HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating special overtime payment rate. When submitting insurance claims, it is required by some Medicaid and state health departments, so check with your state guidelines.
Insurance Encyclopedia
Tuition Fee Insurance
cover losses of schools due to interruption that might hinder student enrolment.
Tuition Fees Insurance
An adaption of Business Interruption coverage. It protects a school against the indirect loss of tuition fees that may result from a fire or other peril covered by the policy which closes the school.
***
coverageCovers school for loss of tuition fees from fire or other peril.
Tuition fees insurance (Property Insurance)
A coverage similar to business interruption insurance, specifically for schools. This coverage protects the school in the case of a loss that closes the school, causing the school to lose out on tuition fees.
TUPE-Transfer of Undertakings (Protection of Employment) Regulations 1981
Provide that the acquirer of a business takes over the employees involved on their existing terms and conditions so that they can sue the new employer as if still employed by their original employer. Liability for accidental injury is also transferred but the insurer who pays is the one receiving the premium at the time of the accident (Bernadone v. Pall Mall Services (2000) and Haringey Health Care Trust v. NHS Trust).
Turfing
Transferring the sickest, high-cost patients to other physicians so that the provider appears as a low-utilizer in a managed care setting.
turnaround time (TAT)
1. Period from the date a transaction is received to the date completed. 2. For insurance claims, the number of days from the date a claim is received by the insurance company to the date it is paid.
Turnbull Report
Guidance published in 1999 to assist the directors of UK listed companies in complying with the internal control requirements of the Combined Code on Corporate Governance to which ‘Turnbull’ is appended. Includes guidance on risk management related to operational risk and compliance risk as well as financial risk. See CORPORATE GOVERNANCE.
Turnkey Insurance
Insurance coverage which includes General Liability for Contractors and Architects Errors and Omissions.
Turnover
The monetary value of sales in a period of time. The figure reflects the level of activity in a firm or organisation and may be used to measure exposure as in products liability. See ADJUSTABLE POLICIES; STANDARD TURNOVER.
***
The money earned for goods supplied or services rendered in the course of the business at the premises specified in the policy.