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Definitions for "ALLOWED CHARGE"
Keywords:  smi, ghi, nonparticipating, medicare, hcfa
Related Terms: Allowable charge, Allowed amount, Co-payment, Approved amount, Actual charge, Balance billing, Copayment, Medicare-approved amount, Co-pay, Copay, Fee schedule, Allowable costs, Usual, customary and reasonable, Fee-for-service reimbursement, Limiting charge, Excess charge, Out-of-pocket costs, Reasonable and customary, Customary charge, Covered charges, Ucr, Fee-for-service, Usual, customary, and reasonable, Cost sharing, Capitation, Eligible expenses, Out-of-pocket maximum, Cost shifting, Out-of-pocket limit, Out-of-pocket expense, Out-of-pocket, Out-of-pocket expenses, Indemnity plan, Indemnity plans, Annual out-of-pocket maximum, Assignment, Indemnity health plan, Fee for service, Coinsurance, Annual deductible, Reasonable and customary charge, Co-insurance, Risk contract, Cost contract, Eligible expense, Original medicare plan, Catastrophic coverage, Reasonable and customary charges, Withhold
The Allowed Charge is the amount GHI will reimburse you for covered services rendered by non-participating Providers.
ghi.com
The lesser amount of the actual charge or the maximum allowable payment -MAP, or the patient contract indemnified payment limitation amount.
bcbsks.com
The amount Medicare or your insurance company approves for payment to a physician for a service rendered. Typically, Medicare pays 80 percent of the approved charge and the patient pays the remaining 20 percent.
lmamd.com
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