Sliding-scale
A sliding-scale refers to a pricing or payment structure where the cost or fee varies based on the recipient's ability to pay, typically income or financial need. This system aims to make services or goods accessible to a wider range of individuals, ensuring affordability by adjusting the price accordingly. The price decreases as the recipient's financial capacity diminishes, thereby providing equitable access. It is a dynamic system, constantly recalibrating the cost to ensure a fair exchange that supports both the provider and the consumer. This approach is commonly used in healthcare, social services, and legal aid.
Sliding-scale meaning with examples
- The community health clinic utilized a sliding-scale fee structure, making medical care affordable for low-income families. Patients provided proof of income, and the cost of their appointments adjusted based on their earnings. This allowed everyone, regardless of financial status, to receive essential healthcare services. This practice ensured access, reflecting the clinic's commitment to community well-being.
- The non-profit law firm offered legal representation on a sliding-scale basis. Potential clients provided financial information, and the fees were adjusted based on their capacity to pay. This enabled those with limited financial resources to receive legal support they would otherwise be unable to afford. The firm strived for equal justice under the law, no matter what someone’s net worth was.
- The local daycare implemented a sliding-scale tuition system. The cost of childcare varied depending on the family's household income. This ensured that all parents, regardless of their financial circumstances, could access reliable and quality childcare. This system also helped ensure that the daycare remained accessible for those who would need it most, such as single parents.
- A therapist advertised sliding-scale rates, noting fees would fluctuate based on the client's ability to pay, considering income and family size. This strategy opened the door to therapy for individuals and families who might be unable to afford traditional hourly rates. This practice ensured the therapist's services were accessible to those with varying financial constraints, promoting mental health access.
Sliding-scale Synonyms
adjustable pricing
flexible pricing
graduated pricing
income-based pricing
means-tested pricing
tiered pricing
variable pricing
Sliding-scale Antonyms
fixed pricing
flat-rate pricing
non-variable pricing
standard pricing
uniform pricing