allowable charge

allowable charge

[əlou′əbəl]
the maximum dollar amount that a third party, usually an insurance company, will reimburse a provider for a specific service.

allowable charge

Managed care The lesser of the actual charge, the customary charge and the prevailing charge, which is the amount on which Medicare bases Part B payments

al·low·a·ble charge

(ă-lowă-bĕl chahrj)
Maximum payment amount to a provider per terms of a patient's policy.

allowable charge,

n the maximum dollar amount on which benefit payment is based for each dental procedure.
References in periodicals archive ?
Nonparticipating physicians could only charge a bit over the Medicare 'maximum allowable charge.
For non-network providers, the outpatient cost-share is 20 percent of the Tricare allowable charge, and the inpatient cost-share is $16.
However, the blanket imposition of the maximum allowable charge will worry every family - and there will be many - for whom it represents a life-altering obligation.
If you bill the patient more than the maximum allowable charge under Medicare, you lose your license," said Dr.
Family members who use the point-of-service option are responsible for paying the annual deductible of $300 per member or $600 per family, and 50 percent of the TRICARE allowable charge once the deductible is met.
In most cases, the charge was far less than the maximum allowable charge, she said.
Maximizes charge current: automatically detects charge source and sets the highest allowable charge current.
Employer groups in Arizona, California, Nevada and Utah can now choose a new Maximum Allowable Charge ("MAC") option.
Sun Life will now offer Voluntary Dental with all Indemnity, Scheduled, PPO, and Maximum Allowable Charge (MAC) plans, and as an option on a Dual Select plan.
Along with traditional insurance pricing mechanisms like adjustable deductibles, coinsurance and extra benefit riders, the plan uses powerful new tools such as spending accounts and scheduled benefits and the Maximum Allowable Charge (MAC).
If an automatic annual step-up increases the applicable charge, the maximum allowable charge is 0.
com can provide the Medicare allowable charge calculated in dollars for a specific geographical area, thus eliminating the need for RBRVS calculations.