Charge
Charge (medical term)
Charge (/ʧɑːrdʒ/), in the medical context, refers to the financial cost associated with a particular medical service or procedure. The term is derived from the Old French charger, meaning "to load or burden".
Etymology
The term charge has its roots in the Old French charger, which means "to load or burden". It was later adopted into Middle English as charge, retaining its original meaning. In the context of healthcare, it refers to the financial burden or cost associated with a medical service or procedure.
Related Terms
- Fee-for-service: A payment model where services are unbundled and paid for separately. In healthcare, this gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care.
- Co-payment: A fixed amount a patient pays for a covered healthcare service, after their health insurance has paid their share.
- Deductible: The amount you pay for covered health care services before your insurance plan starts to pay.
- Out-of-pocket maximum: The most you have to pay for covered services in a plan year. After you spend this amount on deductibles, copayments, and coinsurance, your health plan pays 100% of the costs of covered benefits.
- Premium: The amount that must be paid for your health insurance or plan. You and/or your employer usually pay it monthly, quarterly or yearly.
See Also
External links
- Medical encyclopedia article on Charge
- Wikipedia's article - Charge
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