What Is A Contractual Allowance? Contractual allowances, also known as contractual adjustments, are the difference between what a healthcare provider bills for the service rendered versus what it will contractually be paid (or should be paid) based on the terms of its contracts with third-party insurers and/or government programs. What does contractual mean in insurance?
Does An Intoxicated Person Have The Capacity To Contract Why Or Why Not? An intoxicated person may lack the mental capacity necessary to contract. Generally, this will require extreme intoxication. If the intoxicated person enters into a contract, she must disaffirm the contract within a reasonable time of regaining capacity and learning of the contract.
What Are Contractual Obligations In Accounting? Contractual obligations are obligations of a government to others that will become liabilities in the future when the terms of those contracts or agreements are met. What are the contractual obligations? Contractual obligations are those duties that both employers and employees are legally responsible for in a contract agreement.