Kind of state license in which the type and number of services are less than for a full license to practice medicine. It is often limited to certain services within a specialty.
Tag: MEDICAL
limited license practitioner (LLP)
Professional individual state licensed to provide specific health care services in private practice dependent on his or her specific scope of training such as chiropractors, dentists, optometrists, podiatrists, psychologists, and social workers. Also called limited practitioner .
Limited payment life insurance
See: limited payment whole life insurance .
Limited payment whole life insurance
Type of whole life insurance that may specify the number of years that premium payments are payable or the specific age when premiums are no longer paid. The policy may also state that premiums are payable until death if death occurs before the end of the specified period. Also referred to as limited payment life insurance .
Limited policy
Insurance contract that gives coverage only to specific accidents or illnesses.
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A Policy providing Insurance against specified types of accidents or restricted in indemnity payments as contrasted with full coverage policies.
Limited practitioner
See: limited license practitioner (LLP) .
Limiting charge
Maximum amount a nonparticipating physician may legally charge a Medicare patient for services billed on nonassigned insurance claims. In the original Medicare plan, it is usually the highest amount of money a beneficiary can be charged for a covered service by doctors and other health care suppliers who do not accept assignment. The limiting charge is 15% over Medicare’s approved amount. The limiting charge only applies to certain services and does not apply to supplies or equipment. This was previously called a maximum allowable actual charge (MAAC) . Also referred to as billing limit or limiting fee charge .
Limiting fee charge
See: limiting charge .
Line item
Medical service or other item listed as a line entry on an insurance claim form or other computer-generated document. Usual data are date of the service, procedural code, service fee amount, and so on.
Line item denial
Insurance carrier or fiscal intermediary’s refusal to pay one or more of the line items on an insurance claim due to a technical error or because of insurance policy benefit issues. Denied line items must be appealed by the provider except for emergency department visits in which the patient died during a procedure categorized as an inpatient procedure. In that situation, the claim is resubmitted as an inpatient claim.