maximum allowable charge
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maximum allowable chargeThe maximum that a vendor (e.g., a physician) may charge for a service.
Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.
maximum allowable chargeAbbreviation: MAC
In medical care financial management, the maximum reimbursement rate a health plan will allow for the cost of services such as prescribed medicines or professional fees.
See also: charge
Medical Dictionary, © 2009 Farlex and Partners