TeachMeFinance.com - explain Coverage Basis
Coverage Basis The term 'Coverage Basis ' as it applies to the area of Medicare in the United States can be defined as ' The M+C Plan charge schedule used to base the maximum dollar coverage or coinsurance level for a service category (e.g., a $500 annual coverage limit for a prescription drug benefit may be based on a Published Retailed Price schedule, or 20% coinsurance for DME benefit may be based on a Medicare FFS fee schedule)'.
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