prorating


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prorating (prōrā´ting),

n a clause in a contract with participating dental professionals wherein they agree to accept a percentage reduction in their billings to offset the amount by which the total cost of services provided exceeds the total premium received. Prorating is a method of spreading a “loss” equitably among participating dental professionals.
References in periodicals archive ?
Chang shows, further, that, for occupational disease in a multiperiod analysis, workers' compensation systems with a prorating liability rule provide optimal compensation and deterrence over time if two-part liability is imposed on the employers.
The cost to the counties to provide the required disaster relief is limited by (1) the strict eligibility requirements, (2) the short three to five day time period in which airport closure and restricted access occurred, and (3) the statutory requirements for prorating the value loss.
The cost to the counties to provide the required disaster relief is limited by (1) the strict eligibility requirements, (2) the three to five day period in which airport closures and restricted access occurred, and (3) the statutory requirements for prorating the value loss.