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.
4 MunicH re reâ¢inâ¢surâ¢ance: a Basic Guide To Facultative and Treaty reinsurance. Brokers generally represent the ceding company and receive compensation. in the form of commission, and/or other fees, for placing the business and. performing other necessary services.