What does Medicare Cost mean? Read on to discover the definition & meaning of the term Medicare Cost - to help you better understand the language used in insurance policies.
contract with Center for Medicare and Medicaid Services (CMS) for Medicare coverage. These contracts with CMS provide reimbursement through pre-determined monthly amount per member based on a total estimated budget. The beneficiary may use providers outside the provider network. Does not include stand alone Medicare Part D Plans.
We hope the you have a better understanding of the meaning of Medicare Cost.