Informed Financial Consent definition

Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.
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Informed Financial Consent means a Practitioner providing information to a Member to allow them to make a voluntary decision whether to consent to receive a Service with the knowledge and understanding of the benefits, risk and costs involved in receiving the Service and after being provided with the information the Member consents to receive the Service. MBS means the Medicare Benefits Schedule, the current schedule of medical fees set by the Commonwealth Government under the Health Insurance Act 1973 (Cth). Medicare Multiple Operation Rule is described in Note TN 8.2 Medicare Benefits Schedule.
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Informed Financial Consent means the Practitioner must give an Eligible Member or their legal representative a clear written estimate of fees. This includes identifying the cost of any prosthesis that is gap permitted or not listed in the Private Health Insurance (Prosthesis) Rules, where the Practitioner proposes the use of such a prosthesis, along with any out-of- pocket expenses that the Eligible Member may incur during their Episode: (a) prior to providing Services to the Eligible Member; or (b) where it is not practicable or possible to do so due to an emergency situation, as soon as the circumstances reasonably permit. The Practitioner must ensure that consent has been validly given by, or on behalf of, the Eligible Member. In the event a Practitioner indicates that HBF and Medicare will pay a portion of the Practitioner’s fee, a statement that an Eligible Member will be required to pay the account in the event HBF or Medicare do not pay will not constitute Informed Financial Consent for the purposes of this Agreement. MBS means the Medicare Benefits Schedule, the current schedule of medical fees set by the Commonwealth Government under the Health Insurance Act 1973 (Cth). Medicare Multiple Operation Rule is described in Note TN 8.2 Medicare Benefits Schedule.
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Examples of Informed Financial Consent in a sentence

  • On these occasions, you must:• Clearly explain to the Bupa customer that you will not apply the Scheme on this occasion.• obtain Informed Financial Consent (IFC) from the eligible Bupa customer at the first consultation leading to the episode of care; and• bill the Bupa customer directly.

  • In the NS, all the bridge elements are “ON” providing unrestricted conduction path for ac line current.

  • Ensure you have Informed Financial Consent prior to your treatment, for any out-of-pocket expenses.^ Includes associated speech and sound processors including upgrades.# Certified Type C procedures and certified overnight Type C procedures for the treatment of diabetes.

  • Ensure you have Informed Financial Consent prior to your treatment, for any out-of-pocket expenses.

  • The latest estimate should be documented in the Informed Financial Consent duly signed by doctors/ hospitals and patients/ next- of-kin/ authorized persons.

  • We propose that patients should be informed of the range of potential variation of the estimates (which should be made, among other things, having regard to the hospitals’ historical data (the provision of which is proposed to be regulated under section D18 “Disclosure of Historical Bill Sizes Statistics” of this Chapter)), and document the range in the Informed Financial Consent to Services to be acknowledged with signature of patients.

  • An Informed Financial Consent should be completed with the signatures or stamps of the patient, doctor and hospital concerned to make sure that the quotation has been communicated to patients and there are consensus among parties involved.

  • Doctors should provide patients, in a prescribed Informed Financial Consent (an illustrative sample is at Annex D), with an estimation of total charges for treatment when referring/ admitting patients to private hospitals.

  • Refer to Section 9: Informed Financial Consent for full details.HH and the Participating Funds acknowledge the rights of medical practitioners to exercise clinical independence at all times in relation to the provision of medical services.

  • Hospitals should request patients to present completed Informed Financial Consent when they are admitted and should inform patients of the potential variation of the estimates when appropriate.

Related to Informed Financial Consent

  • Required Financial Information means, with respect to each fiscal period or quarter of the Borrower, (a) the financial statements required to be delivered pursuant to Section 6.01(a) or (b) for such fiscal period or quarter of the Parent REIT, and (b) the Compliance Certificate required by Section 6.02(a) to be delivered with the financial statements described in clause (a) above.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • Required Financial Statements has the meaning assigned to such term in Section 5.04(2).

  • Informed consent means a documented written agreement to allow a proposed action, treatment, or service after full disclosure provided in a manner the individual or his or her guardian understands, of the relevant facts necessary to make the decision. Relevant facts include the risks and benefits of the action, treatment, or service; the risks and benefits of the alternatives to the action, treatment, or service; and the right to refuse the action, treatment, or service. The individual or his or her guardian, as applicable, may revoke informed consent at any time.

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

  • Financial Closure means compliance with the requirements under Article 3.1 of this Agreement;

  • Required Filing Date has the meaning set forth in Section 3.1.

  • Confidential commercial or financial information means any business information (other than trade secrets) which is exempt from the mandatory disclosure requirement of the Freedom of Information Act, 5 U.S.C. 552. Exemptions from mandatory disclosure which may be applicable to business information contained in proposals include exemption (4), which covers “commercial and financial information obtained from a person and privileged or confidential,” and exemption (9), which covers “geological and geophysical information, including maps, concerning wells.”

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Financial Consequences means a financial sanction imposed for an anti-doping rule violation or to recover costs associated with an anti-doping rule violation; and

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Financial Closing means the execution of the Financing Documents by all the parties thereto, and the fulfillment of all conditions precedent thereunder necessary to permit the advance of funds to pay amounts due under this Agreement.

  • Parent Reports has the meaning set forth in Section 4.5(a).

  • Parent Acquisition Proposal means any offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of the Company or any of its Subsidiaries) contemplating or otherwise relating to any Parent Acquisition Transaction.

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Material Consents as defined in Section 7.3.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Required Filings shall have the meaning specified in the Pledge and Security Agreement.

  • UCC Filing Authorization Letter means a letter duly executed by each Loan Party authorizing the Collateral Agent to file appropriate financing statements on Form UCC-1 without the signature of such Loan Party in such office or offices as may be necessary or, in the opinion of the Collateral Agent, desirable to perfect the security interests purported to be created by each Security Agreement and each Mortgage.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Disclosure Statement Approval Order means the Final Order approving, among other things, the adequacy of the Disclosure Statement pursuant to section 1125 of the Bankruptcy Code.

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Hazardous financial condition means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able: