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The phrase "a set payment" is correct and usable in written English
It can be used when referring to a fixed amount of money that is agreed upon for a service or product. Example: "The contractor will receive a set payment for the completion of the project, regardless of the time taken."
Exact(11)
The classic fixed-annuity provided people a set payment for however long they lived — from a few months to decades.
My hospital, like all acute-care facilities, receives a set payment per admission based on the patient's diagnosis.
Defined-benefit pensions guarantee a set payment, while defined-contribution plans guarantee the employer's payments, leaving the benefits subject to investment decisions and the investment environment.
In 1942 laws were passed restricting the amount in classic pensions that provided a set payment, known as defined-benefit plans, to 10%.
The trust would end all asbestos lawsuits and instead pay people with asbestos-related diseases according to a set payment schedule.
In 2009, a set payment of $200 for such talks was suggested as part of health care reform, but after distortion by conservatives, "it was widely decried as a reimbursement for 'death panels' and stripped from the bill.
Similar(48)
That means that unlike with, say, a fixed-term loan with a set monthly payment, the recommended three-year payment in the credit-card disclosure goes down as you make payments.
CMS is now using the ADL data from the HOS to calculate a frailty adjustor to set payment for Social Health Maintenance Organizations.
It is a defined-benefit plan, much like the one large employers once regularly offered their workers, that guarantees a set monthly payment in retirement.
At that time, assessment was limited to determination of impairment, and the resulting compensation was rather crude, involving a set cash payment for different types of impairments.
Pocketing a set monthly payment for each Medicaid member, the companies sign up the most common types of Medicaid recipients: children with relatively few health care needs and women that they try to guide through uncomplicated low-cost pregnancies.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com