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A relative value schedule in insurance is a tool used to determine the reimbursement rates for various medical services and procedures based on their relative complexity and resource use. It assigns a specific value to each service, which is then multiplied by a conversion factor to establish the payment amount. This schedule helps insurance companies standardize payments and ensure consistency in the reimbursement process across different providers and services. It is commonly used in health insurance and workers' compensation programs.
What else can I help you with?
What discounted fee schedule does Medicare use to reimburse physicians?
Resource based relative value scale
If your face amount is 150000 what is your cash value?
You can't tell from Face amount. Check the policy for the cash value schedule. The Insurance Company should send you an annual statement. Call the company.
What is the difference between 40 and 40S pipe schedule?
The schedule value refers to the thickness of the wall of the pipe; the bigger the number (schedule) the bigger the wall thickness is of the pipe. The thickness is relative to the diameter of the tube/pipe an the application it is being used in.
Can I deduct health insurance premiums on Schedule C?
Yes, self-employed individuals can deduct health insurance premiums on Schedule C as a business expense.
Can you deduct health insurance premiums on Schedule C?
Yes, self-employed individuals can deduct health insurance premiums on Schedule C as a business expense.
What is the relative value of a dog when compared to the relative chemical value of a man?
the dog is 96.887 the man is 113.98
What does RBRVS stands for?
Resource-Based Relative Value Scale
What is schedule A for life insurance?
Matt damon XD LOLz
Does it make a difference in coverage on your policy if a resident relative has their own car insurance?
If the resident relative has their own car insurance, this resident relative should not also be covered on your policy. If this resident relative drives your car more than on occasion, then, he/she should be on your policy as well.
Does the car insurance covers a relative-visitor who wants to borrow a car for few days?
Does the car insurance covers a relative-visitor who wants to borrow a car for a few days?
What is the difference of absolute value and relative value?
Absolute value uses a companies cash flow to determine it's worth. Relative value compares a companies worth to other competitors.
Absolute and relative describe this?
Absolute and relative are really absolute value and other such.
