Modifier Dictionary FAQ. Modifiers provide a mechanism to communicate special or specific circumstances related to the performance of a procedure or service. The following is a partial list of CPT modifiers that are frequently used when reporting emergency physician services.
Each risk under a facultative contract is individually underwritten by the reinsurer. Agreement to provide reinsurance âfacilitatesâ the primary insurerâs desire to write the business; without the reinsurance, the primary insurer may be unable to provide coverage for the agent. good example of the use of facultative reinsurance is a property risk with a very high total insurable value (TIV, or Maximum Possible Loss). The primary insurer does not have the capacity itself to provide the requested limits.
The underwriting spread (underwriter spread or underwriting fee) is the difference between the price at which a bond issue is bought (the purchase paid) and the price at which the bonds are sold to investors.