Tweet This

Fee-for-Service

A method of paying for health or medical services. Doctors and hospitals are paid for each individual service they provide to the patient. Bills can be paid in two different ways; paid by the patient who submits the claims to the insurance company or the provider can submit for reimbursement to the patient's insurance carrier.

Supplemental Medical Insurance (SMI) Trust Fund

Pays for Medicare Part B and Part D and funding via patient premiums and general revenue.