Definition
The amount of money expended on a current or closed medical indemnity claim for claimant payments, and for legal defence, investigative and associated expenses, but excluding administrative costs and net of recoveries from third parties, in Australian dollars.
Components
Data Element (this item)
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Data Element ConceptMedical indemnity claim—total amount expended
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Object ClassMedical indemnity claim
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PropertyTotal amount expended
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Value DomainTotal Australian currency N[N(8)]
Representation
This representation is based on the value domain for this data element, more information is available at " Total Australian currency N[N(8)] ".Data Type | Currency |
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Format | N[N(8)] |
Maximum character length | 9 |
Comments
Guide for use:
The amount recorded at this data item should equal the sum of the amounts recorded for the data elements: Medical indemnity claim—medical indemnity claimant payment amount, total Australian currency N[N(8)] and Medical indemnity claim—legal and investigative expenses amount, total Australian currency N[N(8)]. This amount should be $0 when a claim has not incurred any expenses (apart from administration costs).
Comments:
The National Claims and Policies Database (APRA 2006) data item 20 'Gross Payments to Date' is identical to this data item.
References
APRA (Australian Prudential Regulation Authority) 2006. Data specifications National Claims and Policies Database document number 3.1. Canberra: APRA<
This content Based on Australian Institute of Health and Welfare material. Attribution provided as required under the AIHW CC-BY licence.
This content Based on Australian Institute of Health and Welfare material. Attribution provided as required under the AIHW CC-BY licence.