UC&R (or Usual, Customary & Reasonable)

UC&R (or Usual, Customary & Reasonable) Charges represent the average or most common amount charged by providers for a particular service, treatment, or supply in the same geographic area. Typically information on rates for procedures is compiled into a data bank and updated periodically.

Underinsured

You are underinsured if you do not have sufficient insurance to cover medical expenses.

Underwriting

Insurance underwriting is the process of evaluating and deciding how much coverage can be provided for a particular policy, how much the policy holder should pay for it, or whether to even accept the risk and provide coverage at all.

Usual and Customary Charge/Reasonable and Customary

The charge for the offered service or supply usually made by the provider when there is no insurance, not to exceed the prevailing charge in the area for a service of the same nature and duration and performed by a person of similar training and experience, or for a substantially equivalent supply.