Glossary

Qualified person with a disability is, within the scope of the Americans with Disabilities Act (ADA) of 1990, an individual with a disability who satisfies the requisite skills, experience, education, and other job-related requirements of the employment position.

A qualified plan is an employee benefit plan the Internal Revenue Service (IRS) has approved as meeting the requirements of Section 401(a) of the Internal Revenue Code.

A qualified self-insurer is an organization that has satisfied state filing requirements, met the minimum financial and size criteria, and received approval to self-insure workers compensation or automobile liability.

As it pertains to the Consolidated Omnibus Budget Reconciliation Act (COBRA), a qualifying event is an event that triggers the continuation of coverage provisions of the Act.

Qualitative claim auditing is the comprehensive review of claim files that seeks to discover whether the claims are being appropriately managed.

A quality indicator profile is a two-page report prepared by the Centers for Medicare and Medicaid Services (CMS) that the federal government uses to monitor the level of patient care in federally funded nursing homes.

Quantitative claim auditing is a type of audit in which claim files are reviewed to determine whether file reserves and the number of claims match a computer-generated loss run.

A quantity discount is a premium discount given to purchasers of large face amount life insurance policies.

Quantum meruit is a Latin phrase meaning "as much as he deserves." It is usually a claim for a reasonable sum for services provided, where the basis for payment is not determined by a contract.

A quasi contract is a legal doctrine invoked by courts that imposes an obligation not actually established in a contract.