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Charging patients cash for “insurance covered” services

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Manage episode 441567325 series 2490675
Kandungan disediakan oleh Terry Fletcher. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Terry Fletcher atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Many practices offer cash payment options to avoid insurance billing, hoping to reduce administrative burden or boost revenue.

However, this practice of charging cash for services that could be billed to and covered by a patient’s insurance plan raises serious compliance concerns. Federal law and insurance contracts generally prohibit this practice because it undermines the healthcare payment system and can lead to regulatory violations.

Terry discusses the compliance ramifications of this policy with a little health from a NAMAS article.

Subscribe and Listen

You can subscribe to our podcasts via:

If you’d like to become a sponsor of the CodeCast podcast please contact us directly for pricing: https://www.terryfletcher.net/contact/

The post Charging patients cash for “insurance covered” services appeared first on Terry Fletcher Consulting, Inc..

  continue reading

63 episod

Artwork
iconKongsi
 
Manage episode 441567325 series 2490675
Kandungan disediakan oleh Terry Fletcher. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Terry Fletcher atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Many practices offer cash payment options to avoid insurance billing, hoping to reduce administrative burden or boost revenue.

However, this practice of charging cash for services that could be billed to and covered by a patient’s insurance plan raises serious compliance concerns. Federal law and insurance contracts generally prohibit this practice because it undermines the healthcare payment system and can lead to regulatory violations.

Terry discusses the compliance ramifications of this policy with a little health from a NAMAS article.

Subscribe and Listen

You can subscribe to our podcasts via:

If you’d like to become a sponsor of the CodeCast podcast please contact us directly for pricing: https://www.terryfletcher.net/contact/

The post Charging patients cash for “insurance covered” services appeared first on Terry Fletcher Consulting, Inc..

  continue reading

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