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Financing Dental Care

Glossary from textbook

AB
Barter systemmethod used only in the private sector by which the dental provider and patient negotiate payment that involves exchanging goods and services without using money.
Capitation planplan in which a dental provider contracts with a third party to provide all or most of the services to a specified group of people in return for a fixed monthly payment, which is determined according to the number of individuals or families in the group
Copaymentportion of the cost of each service a patient pays
Fee-for-servicecharge based on a fee scale for all covered services;bills the patient for services rendered by a dental hygienist, dentist, or denturist; most coomon payment method of the United States
MedicaidFederal that traditionally distributes funds to states for medical and dental care provided to certain groups, including aged, blind, and disabled people; those with low incomes; and certain members of families with dependent children
MedicareFederal medical insurance program for people age of 65 or older, people, under age 65 with certain disabilites, and people of all ages with end stage renal disease
Deductableamount an individual enrolled in an insurance plan must pay for covered services before the insurance entity begins paying
Explanation of benefitsform sent to the patient and provider for explaining the approval or denial of payment for procedures rendered
PPOPerferred provider organizations- the practioners contract with a PPO to provide dental care services for lower than average fees in order to attract patient subscribbers who are seeking lower costs
UCRusual, customary, and reasonable -average dentist fee per service in the immediate local region


Pewaukee, WI

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