
Sign up to save your podcasts
Or
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.
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..
4.7
193193 ratings
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.
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..
11,143 Listeners
11,833 Listeners
8,561 Listeners
8,770 Listeners
39 Listeners
47,886 Listeners
36 Listeners
25 Listeners
36 Listeners
13 Listeners
12 Listeners
15 Listeners
1,381 Listeners
791 Listeners
6 Listeners