Patient Compensation Funds

Patient Compensation Funds,

How To Define Patient Compensation Funds?

  1. Patient Compensation Funds refers to Also known as the Excessive Recovery Fund, it is a government program that provides maximum coverage to healthcare providers, including doctors, hospitals, dentists and some related healthcare providers. Professionals are also included. These programs restrict healthcare providers from receiving compensation for the amounts specified in state law. The fund will pay any amount receivable that exceeds this limit. The Patient Compensation Fund is paid to the healthcare provider through an annual premium, usually one percent of the provider's annual dues premium. Participating healthcare providers must maintain the limits to the extent that they do not exceed the limits to which maximum protection applies.

Literal Meanings of Patient Compensation Funds

Patient:

Meanings of Patient:
  1. A person receiving medical assistance or registered.

  2. The semantic character of a nominal sentence that indicates something that is affected or affected by the effect of the verb.

  3. You can accept or tolerate delays, worries or difficulties without feeling delayed, angry or resentful.

Sentences of Patient
  1. Many hospital patients were sick with it

  2. Be patient, your time will come

Synonyms of Patient

case, uncomplaining, resigned, stoical, sick person, forbearing, long-suffering, sufferer, victim, tolerant

Compensation:

Meanings of Compensation:
  1. Some, usually money, is given to someone as compensation for a loss, injury or distress.

Sentences of Compensation
  1. The right to compensation for people injured at work

Synonyms of Compensation

indemnity, recompense, requital, indemnification, payment, repayment, satisfaction, reimbursement, redress, remuneration

Funds:

Meanings of Funds:
  1. Pay for a specific purpose.

  2. Quantity is stored or available for a specific purpose.

Sentences of Funds
  1. The World Bank refused to finance the project

  2. Created a fund to coordinate economic investment

Synonyms of Funds

reserve, provide finance for, sponsor, endow, pool, float, back, capitalize, support, put up the money for, finance, kitty, maintain, underwrite, subsidize, purse, collection, pay for, be a patron of, provide capital for