Sliding scale fees are fees for services that are adjusted depending on an individual's income. They are set usually to allow for fairness and to address income inequality. The higher your income, the more you will pay, the lower your income, the less you will pay.10 Dec 2021
What is sliding scale rule?
The almost linear relationship of log(KD) for NO versus CO versus O2 binding for most heme proteins suggests a “sliding scale rule”, which allows a prediction of the affinity of one ligand, if KD for the other ligand(s) is known.23 Nov 2011
How is sliding scale calculated?
Decide on the salary you hope to make each year. Alternatively, determine the lowest salary you can comfortably accept. Add the annual costs and your minimum annual salary. Dividing this number by 12 will give you the amount of income you need to bring in each month.22 Aug 2019
How does a sliding price scale work?
With sliding scale, a therapist will offer different pricing based on a person's income level. People who bring in less income will pay less for a therapy session. Those who fall at the higher end of the income spectrum will pay a greater amount.
What do sliding scale means?
Definition of sliding scale 1 : a wage scale geared to the selling price of the product or to the consumer price index but usually guaranteeing a minimum below which the wage will not fall. 2a : a system for raising or lowering tariffs in accord with price changes.
What is sliding scale discount?
The Sliding Fee Discount is designed to provide free or discounted care to those who have no means, or limited means, to pay for their medical services (Uninsured or Underinsured). The Federal Poverty Guidelines, are used in creating, and annually updating, the sliding fee schedule to determine eligibility.
What is a sliding scale payment plan?
What is a Sliding Fee Scale? A sliding fee scale is a payment model providers can use to care for patients who cannot afford care otherwise, for example, those with low-income or who need to self-pay. It allows patients to be able to afford your services and thus make the payments.