A period of time during which the recurrence of a condition is considered as being a continuation of a prior period of disability or hospital confinement.
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A provision in some health insurance policies, which specifies an period of time during which the recurrence of a condition is considered a continuation of a prior period of disability or hospital conferment.
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UK: Income protection clause defining the period that must elapse before a recurrence of a prior disablement claim will be regarded as a new claim, to be admitted for benefits only when any newly commenced deferred period has ended. If the recurrence is within the defined period, the renewed disablement is regarded as a continuation of the prior claim.
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MEDICAL,USA: Provision in a health insurance policy that states the time period that must elapse between a prior illness and a current one. Benefits might be available if the current illness occurs beyond the elapsed time period. Also called recurring claim provision .
Tag: RAW
Recurring clause (Health Insurance)
A clause within a health insurance policy that specifies the time period during which a condition is considered a recurrent disability or considered a different condition.
Recurring Disease
A disease characterized by recurrence such as malaria.
Recurring outpatient services
See: repetitive outpatient services .
Red Clause Letter of Credit
A letter of credit that allows the exporter to receive a percentage of the face value of the letter of credit in advance of shipment. This enables the exporter to purchase inventory and pay other costs associated with producing and preparing the export order.
Red line clause
Cargo policy clause printed in red to remind the insured of his obligation to preserve his right of recovery against a carrier or bailee for the benefit of the insurer.
Red-Lining
Discriminating unfairly against a risk solely because of its location. An example would be refusing to insure a risk because the building is located in a depressed area or location. Sometimes these areas are referred to as blackout areas.
Red-lining (Property Insurance)
A discriminatory practice wherein a risk is deemed uninsurable or charged a higher rate due to its location.
Redacted
Identifying information replaced with or XXX, or blacked out with a permanent marker throughout a patient’s medical documentation such as patient’s name, Social Security number, insurance number, city, facility’s name, or physician’s name.
Redemption
Paying off a loan and therefore recovering the security, such as a mortgage.