Calculation of Payment for Covered Services Sample Clauses

Calculation of Payment for Covered Services. Payor shall calculate Physician’s payments for Covered Services as the lesser of Physician’s billed charge for the service or the Payor’s proposed fee schedule, reduced by any copayments, deductibles or coinsurance applicable to the service rendered (whether or not the Physician has attempted to collect or has received payment of any such copayments, deductibles or coinsurance). Physician agrees that the payment provided by this Section 3.6 shall be the Physician’s sole source of compensation with respect to this Product’s Covered Services except for copayments, deductibles or coinsurance; collection of payment for any Covered Services delivered to a Beneficiary after the expiration of that Beneficiary’s Plan benefits; non-covered services; and collection of amounts owing by other payors after application of a coordination of benefits provision.