Reimbursement Flashcards
How do OTs get paid?
Reimbursement: monies from Patient Visits or Charges
Contracts to provide services elsewhere
Sales (equipment sales)
Tuition received for Continuing Education Offerings
Why do we need to know about reimbursement
Customer Satisfaction
Prevent Claim Denials
Accurate documentation of services
Prevent Fraudulent Claims
Job Security
Security of Our Profession
Established NPI
National Provider Identifier- 10-digit number
Identifies the practitioner who provided service
Get once start working
(connected to specific place of work)
Electronic Health Care transaction and code sets
standard coding for documenting billing and diagnostic information
What are the most common insurance?
Medicare and medicaid, employee funded and worker’s comp
Tricare is for
active duty military
IDEA
education mandate through education system
Deductible:
monies client pays out of pocket prior to being eligible for insurance coverage
Co-payment: aka co-pay:
set amount client pays for each visit
Co-insurance:
percentage client pays for services (often 20%)
Medicare
Elderly or Disabled
Funding by federal government
Participants pay premium
PPS (prospective payment system) with retrospective review
Medicaid
Indigent or Catastrophic
Funding Shared by state and federal
(state administers)
Low fee for service
Some providers refuse to accept or are not authorized to accept
Who can get medicare A
Hospital insurance program
inpatient rehab
inpatient services
hospice
psychiatric hospital
skilled nursing facility inpatient
skilled home health
What does Medicare Part B cover
Outpatient services
-Dr. and specialist
Doctor & specialist visits
Outpatient OT, PT, nutrition, psychology, etc
Outpatient testing
What does Medicare Part C cover
Managed Care Plan provided through private insurance (may charge additional premium)
Patient pays premium: covers A & B
may provide other benefits: dental, vision…
Medicare part D can cover
Prescriptions
What is the NY standard for medicaid
NY State eligibility (compared to Florida)
Individual: in NY eligible if income less than $18,755/year
Note: Federal Poverty Guide
1 person = $13,590 4 person =$27,750
Child Health Plus
NY Program to insure children
Aimed at those above Medicaid level
Individual making below $58,320 (maximum income level) can get insurance for their children at a reduced sliding scale cost
What are the mandatory services covered by Medicaid
Mandatory services covered
i.e., Hospitalization & SNF including OT, lab, x-ray
How does Medicaid pay
Number of visits, time period or types of conditions eligible, where provided (only at hospital outpatient)
PACE - Program for all-inclusive care for the elderly
For individuals who are eligible for both Medicare and Medicaid.
Program agrees to provide all health care services to that individual for an annual fee
From Doctors visits to hospitalizations to nursing home admissions to home health in exchange for a monthly rate from both Medicare and Medicaid.
PACE locally: Schenectady
Private Health Insurance
Employer funded or ACA purchased from Marketplace
Under 65-years-old mainly
Every company is different, but often follow Medicare’s recommendations and standards
What service of Medicare is this?
Substance abuse inpatient
Med A
What service of Medicare is this?
surgery for hip replacement?
Med A
What service of Medicare is this?
hospice care at home
Med A
What service of Medicare is this?
Skilled Nursing Home inpatient due to need for ventilator
Med A
What service of Medicare is this?
psyciatric hospitalization due to suicide attempt
Med A