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Medicare-Approved Amount

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated August 11, 2016.

Medicare has a fee schedule that list the dollar amount that Medicare considers to be the reasonable charge for the services provided by a doctor that Medicare approves for a covered service provided by a doctor is the lesser of the Medicare fee schedule amount for a particular service or the amount charged by the doctor.

Topics: Medicare
Originally published on January 20, 2013. Last updated August 11, 2016.
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