Tariff
Tariff
Tariff (pronunciation: /ˈtarɪf/) is a term used in the field of Healthcare economics and Health policy to refer to a system of pricing for medical services.
Etymology
The term 'tariff' originates from the Arabic word 'ta'rif', which means 'notification' or 'inventory'. It was first used in English in the 16th century to refer to a list of prices.
Definition
In the context of healthcare, a tariff is a list of fixed prices assigned to specific medical procedures, treatments, or services. These prices are often set by a Healthcare regulator or Government agency, and are used to determine the amount that healthcare providers are reimbursed for the services they provide.
Related Terms
- Diagnosis-Related Group (DRG): A system used to classify hospital cases into one of approximately 500 groups, with the intention of having similar hospital resource use. They have been used in the United States since 1983 to determine how much Medicare pays the hospital for each "stay", since patients within each category are similar clinically and are expected to use the same level of hospital resources.
- Payment by Results (PbR): A type of public policy payment method for public services where providers are paid for each patient seen or treated, taking into account the complexity of the patient's healthcare needs.
- National Health Service (NHS): The publicly funded healthcare system in the United Kingdom, which uses a tariff system to determine payment for services.
- Healthcare Provider: An individual or institution that provides medical services, such as a doctor, nurse, or hospital.
- Healthcare Regulator: An organization that oversees and regulates the provision of healthcare services.
- Government Agency: A public organization responsible for the oversight and administration of specific functions, such as healthcare policy and regulation.
External links
- Medical encyclopedia article on Tariff
- Wikipedia's article - Tariff
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