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What is the endowment effect?
Medicare-approved Amount
The maximum amount that Medicare will pay for a covered service or item, which providers agree to accept as full payment.
Workers' Compensation Board
A government agency responsible for processing claims and providing benefits to workers injured on the job.
Industrial Injury
Physical harm or sickness resulting from an accident or exposure in the workplace.
Self-pay
A method of payment for healthcare services where the patient pays out-of-pocket, not relying on insurance.
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