After the normal retirement age of 65. Qualified pension plans cannot force a plan participant to retire at a specific age and cannot stop accruing pension benefits if he or she wants to work beyond the normal retirement age.
Tag: MEDICAL
Late-payment offer
See: late-remittance offer .
Late-remittance offer
Proposal to encourage reinstatement of a lapsed insurance policy by accepting an overdue premium after the grace period. Usually such offers do not require submission of evidence of insurability or completion of a reinstatement application. Also called late-payment offer .
Laundering of monetary instruments
To deposit into a general account illegally obtained funds (fraudulent claim payments) with legally obtained funds (legitimate claim payments). Also called money laundering .
Law
See: act.
Law enforcement official
Under the Health Insurance Portability and Accountability Act (HIPAA), an officer or employee of any agency of the United States, a state, a territory, a political subdivision of a state or territory, or an Indian tribe, who has legal authority to investigate an official inquiry into a potential violation of the law or prosecute a criminal, civil, or administrative proceeding because of an alleged violation of the law.
Lawsuit
Legal claim or dispute brought into a court of law. Also called suit .
LC
1. HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating a specific vessel (left circumflex coronary artery) in a stent placement, balloon angioplasty, and/or atherectomy. 2. Abbreviation for low complexity. See low complexity (LC) .
LCD articles
Local coverage determination articles and frequently asked questions (FAQs) that appear on Medicare contractor websites that address local coverage, coding, and medical review–related billing issues.
LD
HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating a specific vessel (left anterior descending coronary artery) in a stent placement, balloon angioplasty, and/or atherectomy.