See: capitation basis .
Insurance Encyclopedia
Fee simple
Highest and best estate, by which an owner is entitled to the entire property without limitations or conditions, as are his or her heirs.
Fee simple basis
A form of ownership in which the owner has full rights to dispose of the property held. Common within homeowner associations.
Fee ticket
See: multipurpose billing form .
fee-for-service (FFS) reimbursement
1. Method of payment in which the patient pays the physician for each professional service or procedure performed from an established schedule of fees. 2. Condition when the third-party payer pays the full fee for medical services. 3. In managed care plans, reimbursement for professional services on a service-by-service basis rather than by the capitation method. FFS reimbursement may involve either discounted or undiscounted rates. 4. Plan or primary care case management (PCCM) is paid for providing services to enrollees solely through fee-for-service payments plus a case management fee.
Fee-for-service equivalency
Quantitative measure of the difference between the amount a physician receives from a managed care capitation system compared with fee-for-service payment.
Fee-screen year
Specified period of time, usually 12 months, in which supplementary medical insurance–recognized fees pertain. The fee-screen year period has changed over the history of the Medicare program.
Feeder Service Container
Deep sea vessels or mother vessels as they are called, only call at a few limited ports and cargo is accumulated at these ports by feeder service from other ports of the region, Feeder ships are small size vessels of around 300/400 TEUs. These feeder ships transfer the container to deep sea or mother ships at specified ports. As for example, Singapore, Colombo and Madras have been serving as feeder ports where mother ships receive containers from feeder ships of the region.
Fees
Fixed cost charges, as compared to percentage charges (called “commissions”). Captives seek to pay fee-based charges but then express the total as a percentage of premium. In Texas, surplus lines premium is defined under TIC 225.004.