Week 1 - Ch. 1 Flashcards
Types of insurance plans
indemnity plan; managed care
health plan that offers protection from loss
indemnity plan
types of managed care plans
Health Mainenance Organizations (HMO); Point of Service Plans (POS); Preferred provider organizaiton (PPO); Consumer-driven health plans
managed healtcare system in which providers offer healthcare to members for fixed periodic payments
health maintainence organizations (HMO)
managed care organization in which a network of providers supplies discounted treatment for plan members
Preferred Provider Organization (PPO)
medical insurance that combines a high-deductible health plan with a medical savings plan
consumer driven health plan (CDHP)
Steps in the medical biling cycyle (before the encounter)
Pre-register patients
Steps in the medical biling cycyle (during the encounter)
Establish financial responsibility; check in patients; review coding compliance; review billing companies; check out patients
Steps in the medical biling cycyle (after the encounter)
prepare and transmit claims; monitor payer adjudicaiton; generate patient statements; follow up payments and collections