Self-insured disability insurance plan used in lieu of a state plan, in which a majority of employees voluntarily consent to be covered.
Tag: USA
Voluntary disclosure protocol
Procedure that providers follow to self-disclose claims presented to the government that are asserted to be mistaken or fraudulent. Also referred to as provider self-disclosure protocol .
voluntary employees’ beneficiary association (VEBA)
See: 501(c)(9) trust .
Voluntary enrollee
Certain individuals aged 65 or older or disabled, who are not otherwise entitled to Medicare and who opt to obtain coverage under Part A by paying a monthly premium.
Voluntary plan termination
Act of ending a retirement plan with the cancellation initiated by the plan sponsor.
Voucher
See: check voucher and payment voucher .
VP
HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating an aphakic patient.
Wage earner
Individual who earns Social Security credits while working for wages or self-employment income. Also referred to as number holder and worker .
Wage earners bankruptcy
See: Chapter 13 bankruptcy .
Wage loss
In a workers’ compensation case, the difference between the average weekly wages and the injured worker’s actual earnings while he or she is still temporarily partially disabled but is working at modified work or a reduced work schedule.