[Solved] What are exceptions or exclusions and how do they relate to... | CliffsNotes (2024)

FAQs

What are exceptions or exclusions? ›

Exclusions are specific situations or circ*mstances which are not covered by a particular policy, while exceptions are specific situations which are covered by a policy, even if they would normally be excluded.

Exceptions limit the application of an exclusion such that it does not apply to the described circ*mstances. For example, an exception to the commercial general liability (CGL) policy's watercraft and aircraft exclusion leaves coverage in place for liability assumed in an insured contract.

An exclusion is a provision within an insurance policy that eliminates coverage for certain acts, property, types of damage or locations. Things that are excluded are not covered by the plan, and excluded costs don't count towards the plan's total out-of-pocket maximum.

Insurers use exclusions to reduce their risk and to avoid paying claims either for uninsurable losses such as certain catastrophic losses such as war, or to avoid paying losses for claims best covered under other policies.

“Exempted” means you are relieved or excused from an obligation. “Excluded” means you are prohibited from participating.

Examples from Collins dictionaries

Few guitarists can sing as well as they can play; Eddie, however, is an exception. There were no floral offerings at the ceremony, with the exception of a single red rose. The law makes no exceptions. With few exceptions, guests are booked for week-long visits.

the act of not allowing someone or something to take part in an activity or to enter a place: exclusion from her exclusion from the list of Oscar nominees.

The Office of the Inspector General's (OIG) List of Excluded Individuals/Entities (LEIE) provides information to the health care industry, patients and the public regarding individuals and entities currently excluded from participation in Medicare, Medicaid and all other Federal health care programs.

People can be excluded because of who they are, where they live, sociocultural reasons, lack of resources – and frequently a combination of these factors, as shown in Figure 1.2. The overlapping circles in the diagram indicate how there may be more than one reason for exclusion of any individual or group.

Why is exclusion a problem? ›

Research show that social exclusion can lead to the following mental health challenges: Depression. Anxiety. Poor sleep quality.

Mandatory exclusions: OIG is required by law to exclude from participation in all Federal health care programs individuals and entities convicted of the following types of criminal offenses: Medicare or Medicaid fraud, as well as any other offenses related to the delivery of items or services under Medicare, Medicaid, ...

An exception is an event which causes the program to be unable to flow in its intended execution. There are three types of exception—the checked exception, the error and the runtime exception.

An exception item, in banking, refers to a transaction that is unable to be fully processed. Hold-ups can include simple mistakes like a typo or missing signature, to more structural problems like a stop payment or bounced check.