A dividend paid out after the insured’s death.
Tag: RAW
postoperative (PO)
Pertaining to the period of time after surgery. It begins with the patient’s emergence from anesthesia and continues through the time required for the acute effects of the anesthetic and surgical procedures to abate.
Postpayment review
Evaluation of an insurance claim after a determination and after payment has been made to the provider or beneficiary.
Postponed retirement
Continued employment of pension scheme members beyond their normal pension date. Subject to scheme rules they continue as active members and commence their pension at a later date.
Postservice appeal
See: appeal.
Postservice float
Period of time between a medical service provided and a provider’s transmitted claim to the payer.
potential fraud case (PFC)
Case developed after the program safeguard contractor (PSC) has substantiated an allegation of fraud.
Potential payments
Maximum anticipated total payments (based on the most recent year’s utilization and experience and any current or anticipated factors that may affect payment amounts) that could be received if use or costs of referral services were low enough. These payments include amounts paid for services furnished or referred by the physician/group, plus amounts paid for administrative costs. Payments not included in potential payments include bonuses or other compensation not based on referrals (e.g., bonuses based on patient satisfaction or other quality of care factors).
Poultry Insurance
Poultry for the purpose of this Insurance would refer to (a) layers (b) broilers (c) hatchery (breeding stock) which are exotic and cross-bred. Indigenous and non-descript birds will not be insured. All birds a farm should be covered. The Policy provides indemnity against death of birds due to accident including Fire, lightning, flood, cyclone, famine, strike, riot or disease contracted or occurring during the period of Insurance. Main exclusions are malicious/willful injury, neglect, transit by any mode of transport, improper management including overcrowding, undergrowth, cannibalism, action of predators like preying birds and carnivorous animals, theft and clandestine sale, intentional slaughter, consequential losses, permanent and partial disablement of any nature, loss of production, certain diseases such as marek’s disease, ranikhet disease, fowl pox and infectious bronchitis. Malnutrition/shortage of water, death due to starvation because of non-supply of feed to farm due to any reason, loss due to huddling and/or piling of birds etc.
Power Interruption Insurance
Type of Insurance coverage against loss due to interruption of power supply from a public utility caused by accidental breakdown of the utility’s plant and/or machinery.