See: manual rate .
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Manual transmittal
Online instruction manual that the Centers for Medicare and Medicaid Services (CMS) transmits to Medicare carriers. It includes guidelines for processing and paying Medicare claims, preparing reimbursement forms, billing procedures, and Medicare regulations. The manual system has been replaced by online, Internet-only manuals (IOMs)—the, National Coverage Determinations Manual, Medicare Benefit Policy Manual, Publication 100 , one-time notifications, and manual revision and update notices. This information is helpful to providers when dealing with Medicare contractors for issues such as researching information, claims processing, and appealing denials. Formerly known as Medicare Coverage Manual (MCM) . See Medicare Coverage Manual (MCM) .
Manufacturer’s selling price clause (Property Insurance)
A clause under which finished goods that have yet to be sold are valued at the selling price at the time a loss occurs.
Manufacturers and contractors liability (M&
C)The premises and operations liability exposures of manufacturers and contractors covering third parties for bodily injury or property damage negligently inflicted in the course of daily activities.
Manufacturers and contractors liability insurance (Liability Insurance)
A form that covers contractors or manufacturers, wherein premiums are based on payroll amounts.
Manufacturers and Contractors Liability Insurance (M&C)
An insurance of premises and operations liability insurance designed to cover manufacturing or contracting risks. The basis of premiums for this coverage is the payroll.
Manufacturers output policy (MOP)
Policy originally designed to cover property of a manufacturer being processed at another company it covers personal property away from the premises on an open perils basis.
Manufacturers output policy (Property Insurance)
Insurance that covers a manufacturer’s personal property. The property is usually covered against all perils but only away from the manufacturer’s premises, because this type of coverage was initially meant for products that were sent to other companies for processing.
Manufacturers selling price clause
Clause stating that finished goods are valued for insurance purposes at their selling price rather than their cost of manufacture.
Manufacturers’ Output Policy
Broad form of all risks coverage of personal property of insured manufacturer. It covers property of manufacture, except on the premises of the manufacturer.