Capitation: The system of payment for each customer served, rather than by service performed. Gym memberships are a common example, as is U.S. medical care. It’s now applied to new businesses like office space for writers.
Word of the Day: Capitation
In
One response to “Word of the Day: Capitation”
And…decapitation?
If capitation describes the U.S. medical care business model, then I guess when you lose your coverage it’s decapitation.
;-)