1. The portion of a service described before the semicolon (;) of a CPT comprehensive code, together with the portion of a service described by the indented (component) code. 2. Under the Correct Coding Initiative (CCI), a CCI file known as component edits lists pairs of codes considered an integral part of the main surgical service provided or a component of a more comprehensive procedure. When billing a Medicare case, a component code that follows a comprehensive code cannot be charged to Medicare if the comprehensive code is billed.
Tag: RAW
component code, column I
In the Correct Coding Initiative (CCI) edits, the code that follows the column I code, which cannot be billed when the more comprehensive code is billed.
Component coding
Standardizing method that allows a physician to list a code, regardless of specialty, that specifically identifies whether the procedural component, the radiological component, or both aspects of the service was provided.
Component Parts Clause
A Clause under an Aviation Hull policy which restricts the insurer’s liability in respect of a give component part to a stated proportion of the sum insured.
Composite
a company authorised to carry on both long term and general insurance business.
Composite Agent
“Insurance Agent” means an individual appointed by an insurer for the purpose of soliciting or procuring insurance business including business relating to the continuance, renewal or revival of policies of insurance for both one life insurer and a general insurer.
Composite company
An insurance company that transacts all or several of the major classes of insurance.
Composite Insurance Company
An Insurer undertaking both life and non-life business.
Composite panels (sandwich panels)
Building products used for cladding and insulation but creating a significant fire hazard. Materials such as expanded polystyrene, extruded polystyrene and polyurethane are more combustible than safer but more expensive alternatives. The risk is exacerbated when ‘warehouse damage’ lowers the fire resistance of panels. The higher the level of combustibility the harder it is to obtain insurance. Expert advice is available from the Building Research Establishment Ltd.
Composite rate
1. Flat or standard rate charged to all enrollees of a managed care plan in a particular group regardless of whether they are enrolled for single or family coverage. 2. Phrase that describes the average unit cost per employee covered. 3. In the Medicare program, this system is one of two methods of payment for dialysis services rendered in the patient’s home. Payment does not include the physician’s professional services, separately billable laboratory services, and separately billable drugs.
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A special single rate based upon a measure of exposure which reasonably reflects the variations in the insurable hazards covered for a particular insured. Bases of exposure to which the composite rate is applied include but are not limited to pay roll, sales, receipts and contract cost.