Alliance of various health care providers whose intention is to service all the needs of managed care contracts.
Tag: USA
Vested benefit
Retirement benefit payment that does not depend on whether a participant continued in specific employment. A plan participant may receive payment if he or she leaves the plan.
Vested commissions
Renewal insurance commissions paid to insurance agents or their estates regardless of whether the agents stay with the issuing insurance company.
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Commissions paid to an agent regardless of whether they still work for the insurer, based on renewal business.
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Commissions on renewal business that are paid to the agent whether or not he or she still works for the insurance company with which the business is placed.
Vested reserves
Funds (reserves) that remain owned (vested) by the insured and which cannot be used by the insurance company except for paying refunds or claims.
Vesting requirements
Terms set down in an employment agreement stating the time period and dollar amount when retirement or other benefits will begin and the rate of increase.
Veteran
Any person who has served in the armed forces of the United States, especially in time of war; is no longer in the service; and has received an honorable discharge.
Veterans Affairs (VA) Disability program
Program for honorably discharged veterans who file claim for a service-connected disability.
Veterans Affairs (VA) Outpatient Clinic
A clinic where medical and dental services are rendered to veterans who have service-related disabilities.
Vicarious liability
See: respondeat superior .
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Employers ‘liability’ towards third parties for the acts of his servants.
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The condition arising where one person is responsible for the actions of another, as a parent is often held responsible for the vandalism damage a minor child does to a school.
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Various doctrines in the law hold people responsible for the negligent conduct of others. Several examples of this imputed or vicarious liability are: Liability Arising Out of Activities of Agents or Employers : The most frequent examples of one person being held responsible for the acts of another arises under the doctrine that one person, called the “principal” is held responsible for the tortuous acts of an Agent while such Agent is acting on behalf of the principal. Liability Arising From Activities of Independent Contract, Joint Ventures, or Joint Tort-Feasor : The contingent liability of a firm or individual for the negligence of persons or firms hired as independent contractors. Assumption or Elimination of Liability by Contract : Business commonly assumed under a contact liability for losses to others for which they would not be liable except for the contract. Statutory Liability : The legislatures of several countries have seen fit to impose statutory liability for certain acts of others.Vice Proper : An inherent characteristic that may cause loss of value.
Video conferencing
Multimedia communications equipment that permits real-time communication between the distant site practitioner (i.e., where the expert physician or practitioner is located at the time the service is provided) and the patient.