Living will

Legal document that states the wishes of an individual concerning life support or other medical treatment in certain circumstances, usually when death is imminent or if the person is unconscious and unable to make a decision. Also known as a medical directive, advance directive , or health care advance directive .

LL

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating when a durable medical equipment (DME) lease or rental fee is to be applied against the purchase price.

Loan value

In life insurance, this is a specific amount that can be borrowed from the issuing company by the policy owner, using the cash value of the policy as collateral. If the policy owner dies and the debt is not completely paid, then the amount borrowed plus any interest is deducted from the face amount of the loan.
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The amount which can be borrowed at a specified rate of interest from the issuing company by the policyholder, using the value of the policy as collateral. In the event the policyholder dies with the debt partially or fully unpaid, then the amount borrowed plus any interest is deducted from the amount payable.

Local anesthesia

Absence of sensation in a small area of the body that is time limited. It may be brought on by various anesthetic medications administered through local tissue infiltration, topical application, or subcutaneous or intradermal field block or nerve block injection. Benefits include reduced cost, ease of administration of medication, low toxicity, and quick recovery.

Local code(s)

Generic term for code values that are defined for a state or other political subdivision, or for a specific payer. This term applies to state-assigned institutional (hospital facility) revenue codes, condition codes, occurrence codes, value codes, and so on. Previously this term was most commonly used to describe Level III HCPCS regional/local codes, but these have been discontinued.