MEDICAL, US: Ability of an individual or organization to pay all legal debts.
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UK: An insurer is solvent for regulatory purposes when its assets exceed its liabilities by the required minimum margin. The FSA prescribes methods for the valuation of assets and liabilities for the purpose of showing regulatory solvency. The actual solvency margin is the excess of assets over liabilities. See FREE ASSETS; SOLVENCY I; SOLVENCY II.
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Having sufficient assets – capital, surplus, reserves – and being able to satisfy financial requirements – investments, annual reports, examinations – to be eligible to transact insurance business and meet liabilities.
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Insurers must have sufficient assets (capital, surplus, reserves) in order to satisfy statutory financial requirements (investments, annual reports, examinations) and to meet liabilities.
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The ability of an insurer to cover their liabilities and meet the financial requirements of doing insurance business.

1. Financial draft that is the initial point of entry to an accounting system (e.g., invoice, bill, check, deposit slip). 2. In insurance billing, a multipurpose billing form that is also called a charge document, charge slip, communicator, encounter form, fee ticket, patient service slip, routing form, superbill , or transaction slip . See multipurpose billing form.

Method of medical recordkeeping in which documents are arranged according to sections (e.g., history and physical section, progress notes, laboratory tests, radiology reports, surgical operations).

Unsolicited e-mail message, commercial or political, transmitted to many people at the same time.

Particular association of providers for a specific type of service (e.g., mental health, prescription drugs, substance abuse).

Long-term care facility units with services specifically for persons with Alzheimer’s disease, dementia, head injuries, or other disorders. Also see intensive care unit (ICU) .

Time in which an individual is given a special election period to change Medicare+Choice plans or return to Original Medicare in certain situations. Situations in which this occurs include (1) when a person makes a permanent move outside the service area, (2) when the Medicare+Choice organization breaks its contract with the insured or does not renew its contract with the Centers for Medicare and Medicaid Services (CMS), or (3) when other exceptional conditions determined by CMS apply. The special election period is different from the special enrollment period (SEP). See election period .

One of four periods during which an individual can enroll in Medicare Part A. SEP is for people who did not take Medicare Part A during their initial enrollment period (IEP) because they currently work and have group health plan coverage through their employer or union. He or she can sign up for Medicare Part A at any time they are covered under the group health plan based on current employment. If the employment or group health coverage ends, the individual has 8 months to sign up. The 8 months start the month after the employment ends or the group health coverage ends, whichever comes first. See also initial enrollment period (IEP), general enrollment period (GEP), and transfer enrollment period (TEP).