Electronic check of transmitted insurance claims to screen the incoming data or claims before they enter a system for errors, conflicting code entries, and a match of diagnosis to medical service(s) provided. This electronic examination has the capability to accept or reject each transaction or claim based on whether or not it complies with the checks. Also called claim edits and edit check .
Tag: MEDICAL
Front-loaded policy
Universal life insurance policy in which the majority of the expense charges are deductions from each premium payment. These deductions continue throughout the premium payment period.