In workers’ compensation cases, this phrase is sometimes used to refer to a recurrence of an industrial injury or illness and refers specifically to the symptoms that are considered to be related to the natural course of the previous injury or illness and not to a new injury from current employment.
Tag: MEDICAL
Flat amount formula
Mathematical method used to determine the retirement benefit for participants in a defined benefit pension plan (DBPP). This type of formula gives the same monthly or annual benefit amount to each retiree (e.g., $700 per month).
Flat extra premium method
System for rating substandard insurance risks that is used when the extra risk is constant. Usually it is a specific extra premium for each $1,000 of insurance coverage.
Flat fee-per-case
Payment of one fee to a provider to cover all services related to a patient’s treatment based on diagnosis (episode of care) or presenting problems. Also called bundled rate or case rate .
Flat percentage of earnings formula
Mathematical method used to determine the retirement benefit for participants in a defined benefit pension plan (DBPP). This type of formula gives each participant a specific percentage of preretirement compensation (e.g., 65%). The amount that is paid using this formula is dependent on how compensation is defined.