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.
Loan Underwriting Rationale. Underwriting is used by a mortgage lender to verify a borrower's finances and examine the home being bought. Underwriting is also the way that a mortgage lender ensures it's not funding an overly risky loan.n mortgage underwriting, the lender puts its borrower's loan application, any financial documents the borrower supplies and the home appraisal under the microscope. Though time varies, the mortgage underwriting process typically ranges from a few days to a few weeks, on average.