113 Medicare Terms Defined

Medicare Glossary: Simple Definitions & Terms

Plain-English definitions for every Medicare term — from ABN to ZIP enrollment. No jargon, no confusion.

Showing 4 results for "Medicare-Approved Amount" — clear search

A

Assignment

Providers & Plans
An agreement by a doctor, supplier, or provider to accept the Medicare-approved amount as full payment for a covered service. Providers who accept assignment cannot bill you for more than that amount, aside from normal deductibles and coinsurance.
L

Limiting Charge

Providers & Plans
The highest amount a non-participating provider who does not accept assignment is allowed to charge for a Medicare-covered service — capped at 15% above the Medicare-approved amount.
N

Non-participating Provider

Providers & Plans
A doctor or supplier who does not accept Medicare assignment but is still enrolled in Medicare. They may charge up to 15% more than the Medicare-approved amount (the limiting charge). Medicare will still pay its share, but you may pay more.

Also known as: Non-par provider

P

Participating Provider

Providers & Plans
A doctor, hospital, or other health care provider who accepts Medicare assignment — meaning they agree to accept the Medicare-approved amount as full payment for covered services.

Also known as: Par provider

Ready to use your new knowledge?

Find a licensed Medicare agent near you

Browse completely free. Your contact info is never shared until you choose to reach out.

Find My Agent →