When you enter the field of US Healthcare, the first thing you notice right away is the unique terminology that keeps bombarding you! New medical terms and medical slang keep popping up. Added to it is the abbreviations, acronyms and what not.... You feel overwhelmed at first... But gradually with some patience you can master the terms which are used often in your office. I am listing below some common healthcare terms used in Insurance and Billing in RCM. Check them out and hope you will learn a word or two! BILLING TERMS When both you and your health insurance company pay for your health care expenses, it’s called cost sharing. Deductibles, coinsurance and copays are all examples of cost sharing. Understanding how they work will help you know how much you’ll pay. Deductible A deductible is the amount you pay for health care services before your health insurance begins to pay. How it works: If your plan’s deductible is $1,500, you’ll pay 100 percen
Medical Coding is an evolving Industry in India. It is projected to grow faster than any other healthcare sector. Coders are going to be in great demand in the very near future! Being a Certified Coder adds a feather to your cap and emphasizes the fact that you are a dedicated professional coder.
Really helpful quiz. Its good that the results show the time you took for the quiz and you can review all the answers.
ReplyDelete