Definition of Actual Charge

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TeachMeFinance.com - explain Actual Charge



Actual Charge

The term 'Actual Charge ' as it applies to the area of Medicare in the United States can be defined as ' The amount of money a doctor or supplier charges for a certain medical service or supply. This amount is often more than the amount Medicare approves. (See Approved Amount; Assignment.)'.

Previous 5 Terms:
Activities Of Daily Living (Adl)-
Activity
ACTPN
ACTS
Actual Cash Value (ACV)
Next 5 Terms:
Actual peak reduction
Actual Production History (APH)
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Actuarial Deficit
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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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