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reasonable and customary

   Also found in: Acronyms 0.01 sec.
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.


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The new FHA guidelines require that appraisers be compensated at rates that are reasonable and customary in their markets, which means that some AMCs may have to modify their business models, potentially charge far more for appraisals, or potentially go out of business.
While most carriers still subject the claims from non-network providers to reasonable and customary limits, they do not impose out-of-network penalties.
Insistence on reasonable and customary fees, based on best practice guidelines.
 
 
 
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