MEDICAL,USA: 1. In accounting, this is an increase in assets or a reduction in liabilities or capital. It is the opposite of credit and an accounting entry is posted on the left side of the financial ledger. 2. In insurance, debits represent underwriting factors that have an unfavorable effect on an individual’s mortality rating. This term is used in a numerical rating system.
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Collection of premiums of industrial type Insurance. A group of industrial policies assigned to an Agent for collection and servicing.
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The amount of premiums outstanding and business to be collected by debit or home service agents. This can also refer to the area these customers live in.

Act of an individual who regularly engages in collecting money owed or any persons who sell or offer to sell forms for collection of money owed.

Individual who regularly engages in debt collection for themselves, an employer, or others and includes persons who sell or offer to sell forms represented to be a collection system.

Group composed of lending institutions such as banks, credit unions, savings and loan associations, finance companies, retail merchants, and credit card companies and their debtors.

To remove errors from a software program or the computer itself.

Insufficient payment by a managed care plan in which physicians and hospitals are paid a fixed, per capita amount for each patient enrolled over a stated period of time, regardless of the type and number of services provided; inadequate reimbursement to the hospital on a per-member/per-month basis to cover costs for the members of the plan.

MEDICAL,USA: Individual who has died.
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Same as deceased.
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Synonym for deceased.

In workers’ compensation cases, a formal statement that a legal party is ready to proceed to hearing on issues and lists efforts made to resolve the issues.

MEDICAL,USA: Act of an insurance company’s refusal (rejection) to insure a person after evaluating the insurance application, usually for reasons of the health or occupation of the applicant.
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The act of rejecting an application for insurance.
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The insurer’s refusal to insure an individual after careful evaluation of the application for insurance and any other pertinent factors.
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US: The insurer’s refusal to insure an individual after careful evaluation of the application for insurance and any other pertinent factors.
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When the insurer declines an application for coverage.
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UK: A refusal by the insurer to accept a proposal for a new insurance or renew an existing policy. Refusals have to be disclosed in future applications for insurance. The right to decline at renewal does not apply to permanent contracts.
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The refusal by an insurer of a proposed insurance.
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The refusal of an insurer or reinsurer to offer terms of cover.

Reduction of insurance benefits by the insurance company.