Definition of Deemed

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TeachMeFinance.com - explain Deemed



Deemed

The term 'Deemed ' as it applies to the area of Medicare in the United States can be defined as ' Providers are 'deemed' when they know, before providing services, that you are in a Private Fee-for-Service Plan, and they agree to give you care. Providers that are 'deemed' agree to follow your plan's terms and conditions of payment for the services you get'.

Previous 5 Terms:
Deductible (Medicare)
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Next 5 Terms:
Deemed Status
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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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