Meaning administrative cost
What does administrative cost mean? Here you find 3 meanings of the word administrative cost. You can also add a definition of administrative cost yourself
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administrative costDefinition Costs incurred by a company that are not directly due to specific activities such as sales or production. Administrative costs generally cover functions relating to the organization as a wh [..]
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administrative costCosts related to utilization review, insurance marketing, medical underwriting, agents' commissions, premium collection, claims processing, insurer profit, quality assurance programs and risk management.
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administrative costThe value of costs associated with the administration of the FMS Program. The prescribed administrative percentage cost for a case appears in the LOA. This percentage is applied against the case. Expe [..]
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