Insurance company in a specific state that has its head office (domiciled) in that state. Also called domestic insurer .
Tag: MEDICAL
Domestic company
Insurance carrier that is incorporated under the laws of the state in which it is doing business.
Domestic corporation
Company incorporated under the laws of the state.
Domicile
1. Location of the permanent home or legal residence of an individual and, if absent, the individual has the intention of returning to. 2. Jurisdiction and site where a business or corporation maintains its headquarters and conducts its corporate affairs.
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The location or venue in which a captive insurer is licensed to do business. There are a number of factors that must be considered in selecting the best domicile for a given captive, including capitalization and surplus requirements, investment restrictions, income and local taxes, formation costs, acceptance by fronting insurers and reinsurers, availability of banking and other services, and proximity considerations.
Domiciled company
Insurance carrier whose head office is in the same state as the individual referring to it.
Domiciliary care
See: adult foster care (AFC) and assisted living center (ALC) .
Donor
Person who gives or contributes living tissue to be used in another body (e.g., blood for transfusion or a kidney for organ transplantation).
Donut hole
See: coverage gap and doughnut hole .
Double billing
See: Duplicate Claims .
Double dipping
Practice in which one piece of data in a patient record is counted as two data points when calculating an evaluation and management level of service for the code. This procedure may be considered either controversial, accepted, or rejected by third-party payers.