An Act compelling the courts to award interest on damages for personal injuries for the period from date of service of claim to the date of judgement at a standard rate. Interest is only awarded on those cases that proceed to court and payments into court should include interest.
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Administration of Justice Act 1982
Section 1 abolished the right to damages for loss of expectation of life while s.3 replaced it with an action for bereavement by close relatives by amending the Fatal Accidents Act 1976. Section 4(2) abolished claims for a deceased person’s ‘lost years’, i.e. no claim for loss of the deceased’s income after the date of death. Section 2 abolished action for loss of services. Section 5 lays down that maintenance provided at public expense is to be taken into account in assessing personal injury damages. Section 6 allows, where the claimant’s condition may deteriorate, for the award of provisional damages and a subsequent further award where deterioration actually occurs.
Administration Services Only
Descriptive of a contract under which an Insurer, Insurance broker or other organization provides a client with administration services (such as rating, expenses allocation or claims settlement) with respect to loss exposures and losses that the client retains rather than insures. Also, an arrangement under which an insurer or another third-party administrator contracts to provide specific record-keeping and claim payment functions to a self-funded group insurance plan or a particular class of insurance of an insurer.
Administrative agent
See: insurance carrier.
Administrative allowance
Fee paid to an agent or administrator for overseeing and managing an insured’s policy that would normally be handled by the insurance company.
Administrative code sets
1. Code sets that characterize a general business situation, rather than a medical condition or service. 2. Under the Health Insurance Portability and Accountability Act (HIPAA), a phrase that refers to nonclinical or nonmedical code sets. Compare with medical code sets.
Administrative costs
General phrase that refers to Medicare operating expenses (salaries, facilities, equipment, rent, utilities) and the federal share of the states’ expenditures for administration of the Medicaid program
Administrative data
Information that is collected, processed, and stored in automated information systems. Administrative data include enrollment or eligibility information, claims information, and managed care encounters. The claims and encounters may be for hospital and other facility services, professional services, prescription drug services, laboratory services, and so on.
Administrative director (AD)
In workers’ compensation insurance, the head of the Division of Workers’ Compensation.
Administrative expenses
Operating costs incurred by the Department of Health and Human Services (HHS) and the Department of the Treasury in administering the supplemental medical insurance (SMI) program and the provisions of the Internal Revenue Code relating to the collection of contributions. Such administrative expenses, which are paid from the SMI trust fund, include expenditures for contractors to determine costs of, and make payments to, providers, as well as salaries and expenses of Centers for Medicare and Medicaid Services (CMS).