Monday, June 28, 2010

Insurance claim processed as PR - 1 Deductible Amount

PR - 1 Deductible Amount


In insurance policy terms, a deductible is the amount of money which the insured party must pay before the insurance company's own coverage plan begins. In practical terms, insurance companies include a deductible in their policies to avoid paying out benefits on relatively small claims.

Action :

1. We need to bill the patient.
2.  If the patient has another insurance coverage which covers deductible we can file to that insurance, if the policy not cover primary deductibles we have no other way rather than billing the patient.

1 comment:

  1. "Every asset has a value and the business of general insurance is related to the protection of economic value of assets."
    insurance dashboards


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