TSA

Acronym for tax-sheltered annuity plan. See Section 403(b) of the Internal Revenue Code .

TT

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating individualized service provided to more than one patient in the same setting. When submitting insurance claims, it is required by some Medicaid and state health departments, so check with your state guidelines.

TU

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating special overtime payment rate. When submitting insurance claims, it is required by some Medicaid and state health departments, so check with your state guidelines.

Turfing

Transferring the sickest, high-cost patients to other physicians so that the provider appears as a low-utilizer in a managed care setting.

turnaround time (TAT)

1. Period from the date a transaction is received to the date completed. 2. For insurance claims, the number of days from the date a claim is received by the insurance company to the date it is paid.

Turnover rate

Number of times employees terminate employment other than by death (i.e., they’re fired, they resign, or they retire) and are replaced. This is a factor that affects the cost of a retirement plan.
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US: The rate at which employees terminate covered service other than by death or retirement. Expected future turnover can be taken into account in translating contributions into benefits.

TV

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating special holiday or weekend payment rates. When submitting insurance claims, it is required by some Medicaid and state health departments, so check with your state guidelines.

TW

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating back-up equipment. When submitting insurance claims, it is required by some Medicaid and state health departments, so check with your state guidelines.

Twenty-four-hour coverage

1. Insurance coverage of medical and disability benefits for the insured regardless of employment or financial status. 2. Insurance coverage for an employee under the correct insurance policy (e.g., workers’ compensation, group health, disability).

Twisting

Insurance agent or broker encourages a policyholder to cancel a policy and purchase another policy but neglects to state the differences between the two policies or the financial consequences of replacement. This practice is prohibited in the insurance industry.
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Practice of inducing any Policy holder to lapse or cancel a Policy for the purpose of replacing such Policy with another to the determinant of the Policy holder. The practice is considered to be unethical as well as illegal.
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Representing a policy as something that it is not or making comparisons that are not wholly truthful to get the policyholder to alter or switch a current policy.
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The practice of inducing by misrepresentation, or inaccurate or incomplete comparison, a policyholder in one company to lapse, forfeit, or surrender his insurance for the purpose of taking out a policy in another company.
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