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What else can I help you with?
What is a primary cpt code?
CPT stands for Current Procedural Terminology. These codes are used to give a uniform term for procedures for the purpose of efficiency in filing claims. There is a particular code for every medical service. You might find this helpful for further information: patients.about.com/od/costsconsumerism/a/cptcodes.htm
What does out of pocket mean?
The amount you pay that is not reimbursed by any source.
What is the amount a physician or supplier bills for a particular service or supply?
The amount a physician or supplier bills for a particular service or supply is known as the "charged amount" or "billed amount." This figure reflects the provider's standard fees for the service or item before any discounts, negotiations, or adjustments that may be applied by insurance companies or payers. It can vary widely based on factors such as geographic location, the provider's pricing policies, and the complexity of the service rendered.
Diagnosis-related groups required hospitals to be reimbursed a per diem amount?
yes
Can you get short term auto insurance in the US?
You can always cancel your policy and you will be reimbursed the pro-rated amount.
Why is insurance billing important to the medical office?
So the healthcare provider can be reimbursed his contractual amount from the insurance company for his services.
What does the allowed amount in an insurance contract mean?
The allowed amount is the amount that the insurer will pay for particular service. In the context of health insurance, for example, it is the amount that the insurer will pay for each covered procedure. The allowed amount is usually the amount the insurance provider deems the services received to be worth. This amount can also be set by provider contracts with the insurer. These are contracts where, for instance, an insurance company agrees to pay 80% of the standard rate of the provider. In most managed care arrangements, the provider agrees to accept that amount in full payment and not to bill the insured for the balance.
What is a health insurance co pay?
Generally, a co-pay is a fixed amount that you're responsible for before the insurance coverage starts for a particular medical service.
The last step in the posting procedure is?
posting the amount
Who gets the depreciation amount from the insurance company when the work is completed contractor or homeowner?
If you have already paid the contractor in full and have a receipt of such then you would be reimbursed for the difference in what was already paid to minus what the total amount agreed upon was.
What is the maximum amount of a particular item that can be purchased with no stop limit?
The maximum amount of a particular item that can be purchased with no stop limit is unlimited.
Can employers deduct every mile reimbursed to employees for an employee's business use of personal vehicle?
Sure...as long as the reimbursement is done within the amounts and documentation requirements (which of course can be complex, especially if it requires maintaining a "qualified plan"), and specific, the amount reimbursed is deductible to the employer AND not reportable as payroll or income by the employee.
