Contractual discount means a percentage or other reduction from a provider's usual and customary rate for a covered service or covered material required under a participating provider agreement.[PL 2015, c. 171, §1 (NEW); PL 2015, c. 171, §4 (AFF).]
Contractual discount means a percentage reduction from a vision care provider's usual and customary rate for providing covered services and materials required under a participating provider agreement.
Contractual discount means a percentage reduction, required under a contract with an insurer, in a vision care provider’s usual and customary rate for vision care services and materials.
Examples of Contractual discount in a sentence
The quantity actually executed, rate allowed, rate allowable for use of less costly bulk bitumen and corresponding excess payment in each item are shown in the table below: Sl.No.Description of workContract No.*Considering : (i) Contractual discount 11.77 per cent in Contract No.I(ii) Contractual discount 11.5 per cent in Contract No.II.
More Definitions of Contractual discount
Contractual discount means a percentage reduction from the provider's usual and
Contractual discount means a percentage reduction from an
Contractual discount means a percentage reduction from a provider’s usual and
Contractual discount means a reduction from a vision care
Contractual discount means a reduction from a vision care provider’s usual and customary rate for covered services and materials required under a participating provider agreement.
Contractual discount means a percentage reduction from an o ptometrist’s or ophthalmologist’s usual and customary rate for covered services and materials required under a participating provider agreement.
Contractual discount means a percentage reduction from the provider’s usual and customary rate for covered dental services and materials required under a participating provider agreement.