An insurance benefit providing coverage in the event of accidental loss of life, limb, or eyesight, offered as a supplementary benefit to a group term life insurance plan.
Tag: USA
Accidental death benefit (ADB) rider
A supplementary benefit provision that pays an additional lump-sum amount, beyond the basic death benefit of a life insurance policy, only if the insured’s death results from an accident. This provision is commonly known as “double indemnity” when the extra payout equals the original face amount of the policy.
Accidental means provision
This is a Rider in a life insurance policy stating that an accidental death benefit is payable if the insured’s death was the result, directly and independently of all other causes, of bodily injury caused solely by external, violent, and accidental means. The “means” that caused the mishap must be accidental to claim benefits under the policy.
Accidental result provision
This is a Rider in a life insurance policy that states that an accidental death benefit is payable if the insured’s death was caused by accidental bodily injury, directly and independently of all other causes.
Accommodation revenue code
A three-digit code used by hospitals and skilled nursing facilities to identify a specific accommodation or ancillary charge on a hospital or skilled nursing facility bill to a third-party payer.
See Also: revenue code.
Account
A ledger, ledger card, financial accounting record, or patient account ledger is a formal record of all transactions made on an individual’s financial record, listing debits, credits, and balance; this term may be computerised, or in a medical practise using a manual bookkeeping system, this term is referred to as a ledger, ledger card, financial accounting record, or patient account ledger.
accountable health plan (AHP)
A managed competition component that serves as both a provider and an insurer (payer) of health care services. AHPs compete with one another to provide the most cost-effective benefits package while also providing the highest quality of care. AHPs have preventive programmes and place an emphasis on wellness. These health plans are owned, operated, or contracted with by providers.
Also called Accountable health partnership (AHP), integrated delivery system (IDS), integrated health system (IHS), integrated health delivery system (IHDS), community accountable healthcare network (CAHN), integrated service networks (ISN), health purchasing alliance (HPA), community care network (CCN), and organised delivery systems.
Accounts receivable (A/R) transaction
Miscellaneous Medi-Cal accounting transactions as a result of cost settlements, state audits, or refund checks received by the fiscal intermediary.
Accounts receivable (AR)
1. Total amount of money owed by patients to a business for professional services rendered by a provider or medical group. 2. Money owed to a hospital facility from patients, insurance companies, managed care plans, and government programs.Also See day sheet.
Accreditation Association for Ambulatory Health Care (AAAHC)
The Accreditation Association for Ambulatory Health Care, also known as the Accreditation Association or AAAHC , was formed in 1979 to assist ambulatory health care organizations improve the quality of care provided to patients. AAAHC is the leader in ambulatory health care accreditation and accredits more than 2500 organizations in a wide variety of ambulatory health care settings including ambulatory and office-based surgery centers, managed care organizations, and Indian and student health centers. With a single focus on the ambulatory care community, the Accreditation Association offers organizations a cost-effective, flexible, and collaborative approach to accreditation. The Accreditation Association’s mission is to maintain its position as the preeminent leader in developing standards to advance and promote patient safety, quality, value, and measurement of performance for ambulatory health care through peer-based accreditation processes, education, and research.