Designation that all the elements within all the accreditation standards for which the accreditation organization has been approved by the Centers for Medicare and Medicaid Services have been surveyed and fully met or have otherwise been determined to be acceptable without significant adverse findings, recommendations, required actions, or corrective actions.
Tag: RAW
Fully capitated
See: global capitation .
Fully contributory
Situation in which those insured under a group policy pay the complete cost of their insurance.
Fully insured
Insurance plan method of funding in which the insurance company assumes all risk and the insured group bears none. Usually, premiums are higher in this type of plan.
Fully insured scheme
A pension scheme where the trustees have effected an insurance contract in respect of each member guaranteeing benefits corresponding to those promised under the rules.
Fully insured status
A clause found within the OASDHI that details the requirements a person must meet to be eligible to collect social security retirement benefits. Most often, the person has to have worked for ten years. OASDHI stands for “Old Age, Survivors, Disability, and Health Insurance.”
Fully Involved
The entire area of a building on fire so involved with heat, smoke and flame that immediate access to the interior is not possible until some measure of control has been obtained with hose streams controlled by firefighters.
Fully paid policy (Life Insurance)
A limited payment policy that is fully paid. For example, a 30-pay policy is fully paid after 30 years of regular premium payments.
Fully paid up policies
See: PAID-UP POLICIES.
Functional benchmarking
See: benchmarking .