Definition of Reasonable-Cost Basis

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Reasonable-Cost Basis



Reasonable-Cost Basis

The term 'Reasonable-Cost Basis ' as it applies to the area of Medicare in the United States can be defined as ' The calculation to determine the reasonable cost incurred by individual providers when furnishing covered services to beneficiaries. The reasonable cost is based on the actual cost of providing such services, including direct and indirect costs of providers, and excluding any costs that are unnecessary in the efficient delivery of services covered by a health insurance program'.

Previous 5 Terms:
Rear Flank Downdraft
Rear Projection TV Set
reasonable
Reasonable Cost
reasonable estimations
Next 5 Terms:
Reasonably assured resources (RAR)
reasoning (mathematical)
reassortment
Reattachment deposit
Rebar




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".


Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.