MERFA

AcronymDefinition
MERFAMedicare Education and Regulatory Fairness Act
References in periodicals archive ?
One of the disputed measures, MERFA (Mecanisme Regulateur de la Fonction Acquereur), was developed by the group in 2002.
At press time, MERFA had 195 cosponsors in the House, and 30 cosponsors in the Senate, the AMA says.
So it has closed the case against the nine banks and is now focusing its anti-trust inquiry on fees that have to be paid by certain Groupement member banks on the basis of the number of cards they issue, such as the MERFA (Mecanisme Regulateur de la Fonction Acquereur), a formula that determines whether a 12 fee on each card issued should be paid by member banks that would not be sufficiently active in concluding contracts with merchants or installing ATMs.