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Front Fee The premium charged upon the initial purchase of a compound option. Notes: In other words, the front fee is what it costs to acquire a compound option. If the compound option is exercised, a second payment (the back fee) must be made.Front fee The fee initially paid by the buyer upon entering a split-fee option contract.
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Doctors have had no alternative but to abandon bulk billing and charge an up front fee. In fact, without an increase in the Medicare schedule fee, doctors will be forced to charge an up front fee to stay in business. At present, a person can see a GP by using their Medicare card and there is no up front fee if the doctor bulk bills. |
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