Participating physician (par) agreement

1. Physician agrees to accept payment from Medicare (80% of the approved charges) plus payment from the patient (20% of approved charges) after the deductible ($131 in 2007) has been met. 2. Under the (TRICARE) program, the provider agrees to accept an assignment, agrees to accept the TRICARE-determined allowable charge as payment in full, and transmits claims to the regional contractor directly.

Participating provider (par)

Physician, health care facility, or medical supplier that has a contractual agreement with an insurance plan to render care to eligible beneficiaries and bills the insurance carrier directly. Also called participating physician, in-network provider, network provider and affiliated health care provider. Also see participating physician, participating hospitals, participating dentist, and participating pharmacy.

Participation

1. Total number of insured individuals covered under a group insurance plan versus the total number of individuals who are eligible to have coverage. This is expressed in a percent. 2. A physician participates in an insurance plan when agreeing to accept assignment for all services he or she will give to members of the plan. Also see participating provider (par) and participation program.
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There is said to be participation when a number of insurers each accept a portion of an insurance.