Preauthorization, precertification or prior authorization are terms used interchangeably in the medical billing world. Some situations and procedures require authorization requests in advance from the insurer to be reimbursed fully for the services. Verification and authorization play a vital role in managing the revenue cycle, as most of the denials happen during this process. Preauthorization… Continue reading WHY IS AUTHORIZATION REQUIRED?
Category: Blog
BRIEF ABOUT THE INPATIENT AND OUTPATIENT SERVICES?
Most people understand the differences between inpatient treatment and outpatient treatment in the healthcare systems of the U.S. In general, healthcare services can broadly be divided into two aprons: inpatient care and outpatient care. Owing to the very essential components of the healthcare system, two aprons focus on different aims like medical conditions. According to… Continue reading BRIEF ABOUT THE INPATIENT AND OUTPATIENT SERVICES?
WHAT IF YOU HAVE REACHED YOUR MAXIMUM BENEFIT LIMIT?
Have you ever been puzzled about what occurs when you hit the maximum limit for your insurance or different blessings? It’s an essential query with widespread economic implications. One of the critical aspects of any coverage plan is the maximum benefit limit—the cap set by means of coverage corporations on the amount they’ll pay for… Continue reading WHAT IF YOU HAVE REACHED YOUR MAXIMUM BENEFIT LIMIT?
CAN YOU BUY PRIVATE HEALTH INSURANCE AT ANY TIME?
Since the introduction of the Affordable Care Act (ACA) to provide medical coverage to uninsured citizens in the U.S., some common questions are being frequently asked by healthcare consumers. One such question is: “Can I buy private health insurance at any time?” However, before finding the answer to this question, healthcare consumers must finally understand… Continue reading CAN YOU BUY PRIVATE HEALTH INSURANCE AT ANY TIME?
CAN I DROP MY EMPLOYER’S HEALTH INSURANCE AND GO ON MEDICARE?
People looking for both private insurance and public insurance (Medicare) for the cost of their healthcare services can have it covered under TRICARE or COBRA on eligibility. How do private insurance and Medicare go hand in hand? Health insurance covers medical healthcare costs depending on the individual’s financial situation and healthcare needs. However, Medicare has… Continue reading CAN I DROP MY EMPLOYER’S HEALTH INSURANCE AND GO ON MEDICARE?
WHEN CAN I APPLY FOR HEALTH INSURANCE 2021?
The Affordable Care Act (ACA) of the United States provides people with a wide spectrum of health insurance options, such as dental, medical, vision, and so on, which are usually not available in the market. The primary goal of ACA is to provide affordable health insurance benefits to the maximum people in the US. If… Continue reading WHEN CAN I APPLY FOR HEALTH INSURANCE 2021?
IS IT TOO LATE TO GET 2020 HEALTH INSURANCE?
Millions of Americans are still looking for and purchasing health insurance outside the ACA’s yearly open enrollment period. So, if you are someone who hasn’t taken his/her 2020 health insurance yet, and thinking whether it’s too late to get one or not, this article is for you! How to get 2020 health insurance? You may… Continue reading IS IT TOO LATE TO GET 2020 HEALTH INSURANCE?
HOW DO I GET INSURANCE OUTSIDE OF OPEN ENROLLMENT?
Let’s talk about open enrollment and the way it could affect you. Well, open enrollment is the conventional window for acquiring medical health insurance. You can access insurance through numerous approaches in which you may be covered. This weblog will explore the numerous ways to obtain medical health insurance outside of the open enrollment length,… Continue reading HOW DO I GET INSURANCE OUTSIDE OF OPEN ENROLLMENT?
WHY IS THERE A 90 DAY WAITING PERIOD FOR HEALTH INSURANCE?
According to the new rule of the Affordable Care Act (ACA), any employee needs to wait for 90 days before getting covered under a group health plan. If not so, any employer exceeding the 90 calendar days can be fined up to $100 per day. In simple words, every employee receives an effective 90 calendar… Continue reading WHY IS THERE A 90 DAY WAITING PERIOD FOR HEALTH INSURANCE?
HOW LONG AFTER GETTING PRIVATE HEALTH INSURANCE CAN YOU USE IT?
Uncertainties are a part of life. Therefore to keep yourself well and prepared for unforeseen medical challenges, you need to invest in a health insurance plan for yourself and your family. In these days of the pandemic, medical costs can seriously hit your financial health. Therefore investing in medical policies can be your best investment… Continue reading HOW LONG AFTER GETTING PRIVATE HEALTH INSURANCE CAN YOU USE IT?
