Under Original Medicare, it is the amount Medicare determines is reasonable for a service covered under Medicare Part B. It is the amount that the doctor or supplier that accepts Medicare assignment can be paid. It may be less than the actual charge.

The total fee that must be paid by the member company and the patient. Participating dentists have agreed to accept a maximum plan allowance based on agreements signed with Delta Dental. Non-participa [..]

The fee Medicare sets as reasonable for a covered medical service or item. This is the amount Medicare pays for a service or item. The amount may be less than the actual amount charged by a doctor or supplier. The approved amount is sometimes called the approved charge.

Approved amount in the context of health care refer to the amount medicare determines as reasonable for services related to the delivery of health care, including the costs of procedures, therapies, a [..]

The fee that Medicare sets as its rate for a medical service. Medicare will cover 80 percent of this amount (or 50 percent for mental health services) and you (or your supplemental insurance) are responsible for the remainder. All doctors and other providers who take assignment must accept this approved amount as full payment, even if they normally [..]

The payment a participating provider agrees to accept for a service. The approved amount is decided by insurance company fee schedules, Current Procedural Terminology (CPT®) coding standards, and gene [..]

The amount Medicare determines to be reasonable for a service that is covered under Part B of Medicare.