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What is a word for a fee paid for a service?

What is a word for a fee paid for a service?

An honorarium is a small fee paid for a service that is usually done for free. It’s more of a thank you than a real, substantial paycheck. Honorarium comes from the Latin word honorary for “gift.” An honorarium is like a gift of a small amount of money that’s paid once for a service.

What is another name for fee-for-service?

What is another word for service charge?

management fee management charge
administration charge administration fee
handling fee service fee

What is a fee paid service?

a fee-for-service payment is one in which a person pays a particular amount of money for medical treatment according to the type of treatment they receive: Some people pay their doctors using traditional fee-for-service insurance.

What is a better word for fee?

In this page you can discover 47 synonyms, antonyms, idiomatic expressions, and related words for fee, like: dues, price, remuneration, charge, expense, pay, percentage, wage, tuition, fare and gratuity.

What is a surcharge?

A surcharge is an additional charge, tax, or payment that a company adds to the already existent cost of a good or service. Many industries, including travel, telecom, and cable, will add surcharges to offset the cost of higher prices, such as fuel, or regulatory fees imposed by the government.

What are synonyms for dues?

In this page you can discover 32 synonyms, antonyms, idiomatic expressions, and related words for dues, like: contribution, debt, fee, charges, levy, duty, initiation, membership fee, obligation, toll and subscription.

Why is fee-for-service bad?

Economists argue that fee-for-service is inefficient and incentivizes providers to do more (tests, procedures, visits) than necessary to increase revenue. Population health experts argue that fee-for-service payments fail to account for the low-cost but necessary care to manage chronic diseases.

What are the pros and cons of fee-for-service?


Pros Cons
Encourages the delivery of care and maximizing patient visits Offers little or no incentive to deliver efficient care or prevent unnecessary care

Who uses fee-for-service?

Fee for service (FFS) is the most traditional payment model of healthcare. In this model, the healthcare providers and physicians are reimbursed based on the number of services they provide or their procedures. Payments in an FFS model are not bundled.

Whats the opposite of a fee?

What is the opposite of fee?

charge deny
refuse seize
take withhold

What is surcharge example?

Surcharge is a tax on tax. For example, if you have an income of Rs 100 on which the tax is Rs 30, the surcharge would be 10% of Rs 30 or Rs 3. In India, a surcharge of 10% is levied if an individual’s income is more than Rs. 50 Lakhs and a surcharge of 15% is levied if the individual’s income is more than Rs 1 crore.

Is a surcharge a fee?

A surcharge is an extra fee, charge, or tax that is added on to the cost of a good or service, beyond the initially quoted price. Often, a surcharge is added to an existing tax and is not included in the stated price of the good or service.

Are there any synonyms for the word fee?

Synonyms for fee include charge, cost, price, payment, wage, salary, emolument, pay, toll and figure. Find more similar words at!

What do you mean by fee for service?

Fee-for-service is a system of health insurance payment in which a doctor or other health care provider is paid a fee for each particular service rendered, essentially rewarding medical providers for volume and quantity of services provided, regardless of the outcome.

What are service charges and how are they different?

Service charges are different from tips, which are paid at the discretion of the customer after receiving a service. Many industries collect service charges including restaurants, banking, and travel and tourism. Service charges are additional charges related to the purchase of a product or service.

What is a service charge in the banking industry?

The banking industry charges a number of different services charges, which are typically set at a flat, standard rate. When you open a checking or savings account with a bank, the bank charges a monthly fee known as a maintenance fee. This fee is debited from the account at the end of the month.