Limiting charge

Limiting charge

In the Original Medicare Plan, the highest amount of money you can be charged for a covered service by doctors and other health care suppliers who don?t accept assignment. The limiting charge is 15% over Medicare?s approved amount. The limiting charge only applies to certain services and doesn?t apply to supplies or equipment.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Insurance
Category: Medicare & Medicaid
Company: Centers for Medicare & Medicaid Services
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