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it reduces the balance due.

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Q: How will posting an amount applied to a deductible affect the balance due on a patient account?
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Related questions

What would happen if a capitated patient account was not adjusted to a zero balance?

the patient would have to pay


What is the medical meaning for an credit adjustment?

A credit adjustment reduces the patient's account balance. Which means money that the patient had paid and has been acredited to their balance.


How is deductible met?

When the insured/beneficiary (patient) pays the total deductible amount out of his own pocket. A deductible is the amount for which the patient is financially responsible before an insurance policy provides payment.


What is deductible in medical billing?

deductible mean patient should pay pearticular amount to the provider, before provider start treting the patient.


What is the total of all account balances that are due to the physician called?

The total amount of all accounts that is due to a physician is simply referred to as the balance due. Care should be taken to not confuse this amount with the balance due from the patient, as opposed to the balance due from the patient as well as his or her insurance company.


Can medical providers decide to refuse to accept health insurance benefits after benefits were applied to a patient's account?

They cannot refuse "after-the-fact."


If Primary insurance paid more thatsecondary would allow. Is patient responsible for deductible and coinsurance?

Is the patient responsible for deductible and coinsurance if primary insurance paid more than secondary would have allowed.


What is another name for the patient account record?

ANOTHER NAME FOR THE PATIENT ACCOUNT RECORD IS THE PATIENT?


Would you still see the patient if they owed a back balance?

If the patient was trustworthy and I knew the patient would pay the back balance.


Is a medicare patient treated by a non-participating physician responsible for paying their bill?

pay a higher deductible


When entering co-pay for a patient is should be applied to the office visit code Explain why?

When entering co-pay for a patient is should be applied to office visit code Explain why


If a patient refusedto pay their deductible can the insurance company drop their coverage?

AnswerNo, the deductible is owed to the doctor or hospital. The insurance company doesn't care if you pay it or not. In most cases we'll have no idea whether or not you paid.