A deductible is a set amount of medical expenses a patient must pay to become eligible for insurance benefits under an insurance program. What does that mean exactly? It means that before an insurance company begins to make payments for a patient, the patient must meet their deductible. How does a patient meet their deductible? [...]
Posts Tagged ‘Insurance Company’
Medical Coding and Billing Guidelines For Health Services – Why Unbundling is a Bad Idea
March 19th, 2010
admin When coding and subsequently billing Medicare or a commercial carrier for services rendered to one of your patients, there are certain guidelines that must be followed by you, the provider. One of these guidelines is not to break down a procedure into its component parts. This is better known as unbundling.Medicare is the primary insurance [...]
Medical Loans- What to do When You Need Money for Medical Treatment
March 4th, 2010
admin Medical treatment is very expensive, but unlike most pricey items, it’s not an optional or luxury purchase for those in need of treatment. Unfortunately, not everyone has health insurance. Even those who do have health insurance may not have sufficient coverage for all of their medical expenses. Many medical facilities have links with financial institutions [...]
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