Diagnostic procedure performed by a physician in which the external and internal genitalia are physically examined by inspection, palpation, percussion, and auscultation.
Tag: USA
PEN
See: parenteral nutrition (PEN).
Penalize
To inflict a burden or penalty on an individual.
Penalized claim
Insurance claim submitted to an insurance carrier that did not pass the claim edits and a penalty was applied, thus reducing payment. Also see downcoding.
Pending claim
Insurance claim held in suspense due to review or other reason. These claims may be cleared for payment or denied. See delinquent claim.
Penetration rate
Percentage rate at which eligible employees in a group select a system to provide their health coverage.
Pension
Funds payable monthly or annually to an individual who has retired.
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UK: A lifetime payment to a person during his retirement years having previously been an active member of a pension scheme and/or become entitled to a state pension.
Pension Benefit Guaranty Corporation (PBGC)
Federal organization that was created by the Employee Retirement Income Security Act of 1974 (ERISA) to manage the Pension Plan Termination Insurance program. It insures benefits in qualified defined benefit pension plans (DBPP) and makes sure participants receive the benefits.
Pension plan
Retirement program created to provide an individual with a monthly income payment for the remainder of his or her life.
Pension Reform Act
See: Employee Retirement Income Security Act (ERISA).