See: alien insurer.
Tag: USA
Alien company
See: alien insurer.
Alien insurer
Insurance company residing and incorporated under the laws of a foreign country (e.g., Canada, England). Also called alien carrier or alien company.
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An insurance company formed under the laws of a country other than the one it is doing business in.
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US: An insurer domiciled in and licensed under the laws of a country outside a given jurisdiction. For example, from a U.S. perspective, a Bermuda insurer would be an alien insurer.
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An insurer formed under the laws of a different country than the one it operates in.
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An insurer incorporated in a foreign country, doing business in a given state.
Alignment of incentives
Phrase used in a managed care contract to describe the financial arrangements between physicians and hospital facilities that let both parties share in the risks and rewards of controlling costs and increasing income.
ALJ
See: administrative law judge (ALJ).
All patient diagnosis-related group (APDRG or AP-DRG)
Diagnosis-related group (DRG) system that is an enhancement of the original DRGs. It includes groupings for pediatric and maternity cases and services for HIV-related conditions and other special cases.
All-clause deductible
Insurance policy provision in which the deductible is met by a collection of eligible expenses incurred for any variety of covered claims within a given time period.
All-inclusive rate
In a managed care contract, a flat fee charged daily by a facility (per diem rate) or for a total hospital stay. For submitting a Uniform Bill (UB-04) claim, revenue codes are 0100 (all-inclusive room and board plus ancillary) and 0101 (all-inclusive room and board). This is commonly billed by state psychiatric hospitals.
All-lines exclusive agency system
See: multiple-line agency (MLA) system.
All-payer health care system
State system that helps in determining equal uniform prices on medical and hospital services across all providers and all public and private payers, for instance, a common fee schedule. Also referred to as all-payer system.