A doctor who participates in Medicare performs a service for which he or she ordinarily charges $350. How much should the physician charge Medicare?

Name: A doctor who participates in Medicare performs a service for which he or she ordinarily charges $350. How much should the physician charge Medicare?
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Question

Quizplus · Accepted Answer

Physicians charge Medicare their usual fees for services rendered. Medicare then pays the physician according to Medicare's approved rates, which may be less than the physician's standard charge.

A Doctor Who Participates in Medicare Performs a Service for Which