Meaning Approved charge
What does Approved charge mean? Here you find 3 meanings of the word Approved charge. You can also add a definition of Approved charge yourself
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Approved chargesee Allowable Charge.
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Approved chargeWith traditional fee-for-service health insurance, the insurance company sets an approved or allowable amount for each medical procedure or office visit. If your bill exceeds the approved charge, the difference between the approved charge and the claim that's submitted to the insurance company for reimbursement is considered an excess charg [..]
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Approved chargethe dollar amount on which your insurer bases its payments and your co-payments.
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