Common accident provision

1. Clause in a medical expense insurance contract that states if two or more members of the same family are injured in the same accident, their combined medical expenses will be subject to one deductible. 2. Clause in voluntary group accidental death and dismemberment insurance plans that states the amount payable by the insurance company is limited to a maximum for all employees killed or injured in one accident.

Common control

Under the Health Insurance Portability and Accountability Act (HIPAA), this management exists if an entity has the power, directly or indirectly, significantly to influence or direct the actions or policies of another entity.

Common disaster clause

Provision in a life insurance policy that states that the primary beneficiary must survive the insured by a specific period such as 60 or 90 days to be eligible to receive the policy proceeds. Otherwise, the proceeds will be paid as if the primary beneficiary had died before the insured.

Common ownership

Under the Health Insurance Portability and Accountability Act (HIPAA) Subpart E, this relationship exists if an entity or entities possess an ownership or equity interest of 5% or more in another entity.

Common stock

Securities such as stocks and bonds that represent an ownership interest in a corporation. Holders of common stock may elect directors and collect dividends. Common stocks are subordinate to bondholder claims, preferred stockholders, and general creditors.
***
A security which provides an ownership or equity position in a company. Shareholders may receive dividends if declared by the board of directors.

Common working file (CWF)

System of nine regional sectors with databases that contain the total Medicare beneficiary histories developed by the Centers for Medicare and Medicaid Services (CMS) to improve claims processing. Medicare fiscal intermediaries access CWF databases for eligibility, utilization, Medicare Secondary Payer (MSP), and other claims information.

Communication

1. Ability to receive, interpret, and express spoken, written, and nonverbal messages. 2. Delivery of a message by any process to facilitate the collection of a debt, either directly or indirectly, to or from any individual through any number of media (letter or telephone call).
***
Connection between buildings whereby fire could spread from one to another, i.e., where the buildings are not separated by a party well.