Medicare-Approved Amount
Medicare Glossary
The dollar amount determined under Original Medicare that a doctor or supplier that accepts assignment can be paid, regardless of what the doctor or supplier actually charges. Medicare pays a portion of the amount and you are responsible for the remaining balance.
This content is for educational purposes only and does not constitute a recommendation of any specific Medicare plan. Benefits, costs, and availability vary by plan and location. For complete information about your Medicare options, visit Medicare.gov or call 1-800-MEDICARE (1-800-633-4227), TTY: 1-877-486-2048, available 24 hours a day, 7 days a week.