Plain-English definitions for every Medicare term — from ABN to ZIP enrollment. No jargon, no confusion.
Terms starting with "M" — 2 terms
State programs that help people with limited income pay Medicare premiums, deductibles, copays, and coinsurance. The four types are QMB, SLMB, QI, and QDWI, each with different income and eligibility thresholds.
Also known as: MSP
The fee Medicare sets for a medical service or item. Doctors who accept Medicare assignment agree to accept this amount as full payment. You pay your share (copay or coinsurance) based on this approved amount, not the doctor's billed charge.
Also known as: Medicare fee schedule amount
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