tci Medicare Compliance & Reimbursement - 2014 Issue 24

Benefits Verification: Are Those Insurance Details Current? Tips Help You Avoid Costly Billing Errors In Early 2015

Ensure patient coverage changes don’t wreak havoc on your practice’s bottom line. You need to start checking insurance plans and ID cards now more than at any other time of the year to avoid having to chase patients for payment. While verification of patient benefits is good practice all year long, January is the time when you’ll see more insurance changes, including payer, benefit, and deductible/copay changes. That’s because most employers hold open enrollment in December.  Review the experts’ tips on benefits verification so you can get ahead of the game. Start Verifying Early...

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