What Does Relative Value Scale Mean?

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What does Relative Value Scale mean? Read on to discover the definition & meaning of the term Relative Value Scale - to help you better understand the language used in insurance policies.

Relative Value Scale

Relative Value Scale

Method for determining benefits payable under a basic surgical expense policy. Points are assigned to each surgical procedure and a dollar per point amount, or conversion factor, is used to determine the benefit.

We hope the you have a better understanding of the meaning of Relative Value Scale.

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