Examples of Preferred Allowance in a sentence
In-Network Providers have agreed to accept a Preferred Allowance as payment in full.
The Insured Person may be responsible for the difference between the Reasonable Charge and the actual charge from the Provider.For a Provider who has a reimbursement agreement, the Reasonable Charge is equal to the Preferred Allowance under any reimbursement agreement with Us, either directly or indirectly through a third party, as described in the Preferred Provider Benefit provision.
Preferred Allowance means the amount a Preferred Provider will accept as payment in full or Covered Medical Expenses.
Penalties and amounts above the Preferred Allowance or Usual, Reasonable and Customary Expenses do not count toward the Out-of-Pocket Maximum.
Preferred Provider Network United States only:• In-Network Preferred Provider: This tier consists of Preferred Providers and Hospitals who have a contract with the Preferred Provider Organization to provide specific medical care and that have agreed to accept a Preferred Allowance as payment in full for the specific service.
However they do not keep any statistics pertaining to stalking, as stalking is not an offence under existing law.
Benefits are paid at 100% of the Preferred Allowance when services are provided through a Preferred Provider.
No benefits will be paid for any expenses incurred that are in excess of the Preferred Allowance or Usual, Reasonable and Customary Charges.
The Program Manager will not ask for proof more often than once a year after the two-year period following the child's attainment of age 19.Eligible Expenses means the Preferred Allowance or Usual, Reasonable and Customary charges for services or supplies which are incurred by the Plan Participant for the Medically Necessary treatment of an Injury.
Pre-Existing Condition: A pre-existing condition is a disease or physical condition for which medical advice or treatment has been received within 12 months immediately prior to becoming covered under the Plan Preferred Allowance: Refers to the amount an In-Network Provider will accept as payment in full for covered medical expenses.