Definition of Capped Rental Item

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TeachMeFinance.com - explain Capped Rental Item



Capped Rental Item

The term 'Capped Rental Item ' as it applies to the area of Medicare in the United States can be defined as '  Durable medical equipment (like nebulizers or manual wheelchairs) that costs more than $150, and the supplier rents it to people with Medicare more than 25 percent of the time'.

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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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