See: casualty insurance.
Tag: USA
Prophylactic restriction
In workers’ compensation cases, take preventive measures to guard against aggravation of an impairment (i.e., if the restrictions were exceeded, the injured worker may be at risk for additional injury).
Proposed rule
First draft of new regulations for legislation developed by the Secretary of Health and Human Services. After a public comment period, a final draft is created and adopted.
Propriety hospital
For-profit facility owned by individuals, partners, or a corporation. Also referred to as an investor-owned hospital.
Prorate
Proportionate reduction in the amount of insurance benefits payable as provided in the contract. Some examples for proration would be because the insured changed to a more perilous job, because benefits payable by all the insured’s disability insurance are more than his or her current earnings over the preceding 2 years, or because the insured is actually older than stated in a life insurance application.
Proration
MEDICAL,USA: Act of modifying an insurance policy’s benefits because of some type of change (e.g., insured’s occupation).
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The adjustment of the benefits paid by reason of change of occupation or the existence of other Insurance covering the same accident or disability.
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The modification of policy benefits because of a change in the insured person’s occupation or the existence of other insurance.
Pros and cons
Good and bad parts of treatment for a health problem (e.g., a medicine may help the patient’s pain [pro], but it may cause an upset stomach [con]).
Prosecute
To submit a charging document to a court; seek a grand jury indictment against person(s) accused of committing criminal offenses.
Prospective payment
See: prospective payment system (PPS).
Prospective Payment Assessment Commission (PPAC or ProPAC)
Federal commission that was replaced by the Medicare Payment Advisory Commission (MedPAC). See Medicare Payment Advisory Commission (MedPAC or MedPac).