Price
Price (medical term)
Price (/praɪs/), in the context of medical terminology, refers to the cost associated with healthcare services, treatments, medications, and procedures. The term is derived from the Old French pris, meaning "price, value", and from Latin pretium, meaning "value, worth".
Healthcare Price Transparency
Healthcare Price Transparency is a concept that allows patients to see the prices of healthcare services before they receive care. This is intended to allow patients to make informed decisions about their healthcare and potentially reduce healthcare costs.
Price Gouging in Healthcare
Price Gouging in Healthcare refers to the practice of raising the prices of healthcare services or products to an unreasonable or unfair level. This is often seen during times of crisis or when a particular service or product is in high demand.
Price Discrimination in Healthcare
Price Discrimination in Healthcare is a pricing strategy where identical or largely similar goods or services are transacted at different prices by the same provider in different markets or territories.
Related Terms
- Cost-sharing: The share of costs covered by your insurance that you pay out of your own pocket.
- Out-of-pocket maximum: The most you have to pay for covered services in a plan year.
- Deductible: The amount you pay for covered health care services before your insurance plan starts to pay.
- Premium: The amount that must be paid for your health insurance or plan.
External links
- Medical encyclopedia article on Price
- Wikipedia's article - Price
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