reasonable and customary


Also found in: Acronyms.

reasonable and customary (R&C) plan,

n a dental benefits plan that determines benefits based only on “reasonable and customary” fee criteria. See also usual fee; customary fee; reasonable fee.
References in periodicals archive ?
The Louisiana Real Estate Appraisal Board became the first state appraiser board to have authority to make its own administrative determinations as to whether or not an AMC has paid an appraiser a reasonable and customary fee.
For only a little more money, they can offer coverage for up to 80% of the reasonable and customary charges -- the amount most medical establishments will accept as full payment.
They negotiate with providers for rates that are significantly reduced from fee schedule or reasonable and customary charges.
0 million payment payable in the event that no later than March 4, 2005 the buyer was ready, willing and able to enter into a definitive purchase agreement based on the terms of the letter of intent and containing reasonable and customary representations, warranties, terms and conditions relating to the transaction and Del Global elected not to enter into such purchase agreement.
Placer Dome has issued a certificate (Certificate B) under the shareholders' agreement indicating it has commenced or is continuing to use reasonable commercial efforts to arrange financing for the Cerro Casale project on commercially reasonable and customary terms in accordance with the financing requirements of the shareholders' agreement.
Recently, Placer Dome issued, to Arizona Star and Bema Gold Corporation, a certificate (Certificate "B") under the Shareholders' Agreement indicating it has commenced or is continuing to use reasonable commercial efforts to arrange financing for the Cerro Casale project on commercially reasonable and customary terms in accordance with the financing requirements of the Shareholders' Agreement.
Industry participants have questioned whether this practice is considered reasonable and customary for the industry.