TeachMeFinance.com - explain Limiting Charge
Limiting Charge The term 'Limiting Charge ' as it applies to the area of Medicare in the United States can be defined as ' In the Original Medicare Plan, the highest amount of money you can be charged for a covered service by doctors and other health care suppliers who don't accept assignment. The limiting charge is 15% over Medicare's approved amount. The limiting charge only applies to certain services and doesn't apply to supplies or equipment'.
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