Instructor: Laurie Amdur, CPAR, CFC, PAS.  Room types—Medical, Surgical, ICU, & Intermediate ICU  Authorized vs. Charged  Payment for outside services—

Slides:



Advertisements
Similar presentations
What I need to know about health insurance.. Introduction to Health Insurance Basics Terms Scenario Mandated covered services Plans Identify Explain Pros.
Advertisements

Chapter 11: Health Care Planning. Objectives Identify the major sources of health care plans. Describe the major types of coverage provided by health.
Deductibles & Maximum out of pockets Part of the Medical Plan 11.
Presented by: Linda Heady, MBA Insurance and Billing Coordinator.
Skilled Nursing Facility Rules and How “The Rules” Impact Patients
Glastonbury Public Schools May 6, 2013 Presenter: Josh Steffenson All sample values and calculations are according to GEA negotiated benefits. Dollar amounts.
Student Health Plan Individual Premiums Ivy+ Average does not include additional student health services fees, charged by 8 institutions and averaging.
The Wellness Division of This program is designed to help our members identify their health risks and take steps to improve their health.
Individual & Family Medical, Dental & Life Plans.
Today’s Lecture U of I Student Injury and Sickness Insurance - Undergraduate Plan Coverage Deductibles, Coinsurance and Limits Examples.
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
How Health Insurance Policies Work John (Rick) Thornton Insurance4Dallas.
© 2009 Corporate Executive Board, All Rights Reserved. Health Plan Dictionary How to Understand Your Plan and Make Cost- Effective Choices.
Employee Health Benefits Indiana State Personnel Department Benefits Division.
In the Name of God Flagship Course on: Health Financing & Provider Payment April 12-15, 2005 Khoramabad - Lorestan.
Chapter 11: Health Care Planning. Objectives Identify the major sources of health care plans. Describe the major types of coverage provided by health.
+ HEALTH INSURANCE TERMS TO KNOW. + Premiums A premium is a fixed dollar amount that will stay the same each month whether you use the doctor a lot or.
1 Health Insurance Briefing 22 July 2010 CHANGES IN THE HEALTH INSURANCE PROGRAMMES
Understanding and Using Your Coverage
ClearProtection Plus How It Works. 2 Two Separate Deductibles Each plan has two deductibles: Inpatient/outpatient surgical/ER services deductible Outpatient.
Waco ISD 2013 Open Enrollment GHC / Medical Benefits 2. Vision Plan 3. Humana Resources 2 Agenda.
High Deductible Health Plan (HDHP) Is it a good option for you?
CHAPTER 10 GROUP MEDICAL EXPENSE BENEFITS: TRADITIONAL PLANS.
Insurance Terms and Concepts Medical Insurance involves a contract in which a business agrees to pay a portion of a patient’s medical expenses in exchange.
Triple Choice Enrollment THE BASICS DEFINITIONS HMO (Health Maintenance Organization): A form of health insurance combining a range of coverage.
“Just Stay In”. Advantages of Using a Contracting Provider Less Coinsurance Less Out of Pocket Contracting Providers will write off anything they charge.
MyBlue Individual Care Blue PLUS SM Flexible Blue II SM 1500 Flexible Blue II SM 2500 Flexible Blue II SM 5000 Young Adult Blue Max SM Keep Fit SM OneBlue.
HSA Seminar PreferredOne HSA Plan 2013 ®. What is an HSA Health Plan? High Deductible Health Plan + Health Savings Account 2 Health Savings Accounts (HSAs)
20 - 1Copyright 2008, The National Underwriter Company Types of Individual Health Insurance Coverage  What is it?  Provides reimbursement for certain.
Disclosure: This is a made up company for this particular project.
Chapter #11 Retirement and Benefit Plans. Retirement Plans.
Wellesley College PPO Plus HSA Plan for © 2009 Harvard Pilgrim Health Care Components of the PPO Plus HSA Plan  Two parts: A qualified High Deductible.
The content of this Power Point is designed only for communication purposes and is not to be considered a contract, nor does it guarantee or imply coverage.
State of Maine Employee Health & Benefits Insurance Update Revised 02/06/20131.
Health Plan Only Deductible $ 1,500 X-Rays ____ Million Major Medical Life Time Max MRI’s ICU Coverage ____Month Rate Guarantee Emergency Room Cancer In/Outpatient.
700 E. Jefferson Street, Suite 100 Phoenix, AZ (602) Understanding Health Insurance.
PSU Insurance Requirement Overview & Aetna Student Health Insurance Plan  PSU requires all domestic students taking 5 or more in-load credits (1 credit.
2 Understanding Managed Care: Insurance Plans.
Health care costs continue to increase! 40% of US citizens are uninsured! Health Insurance 101 (Managed Care)
Jeopardy. Office #1Insurance Finance Risk Mngmt Hodge Podge
Insurance Payment Posting
Presented by: Linda Heady, MBA Insurance and Billing Coordinator.
CHAA Examination Preparation Encounter - Session III Pages University of Mississippi Medical Center.
Roswell Independent School District 1.  (a)NMPSIA doesn’t care about its members  (b) NMPSIA loathes 89% member satisfaction  (c) NMPSIA staff pocketed.
Staunton City Schools New benefit year on an Aetna benefit plan
Patient Estimator Facility View Leah Klinke Director, Patient Financial Services.
Peace of Mind Insurance can give you financial security and peace of mind, especially in case of unexpected expenses. When do people use insurance?
Health Insurance Benefits pp SECTION.
Health Insurance. Why do you need health insurance in the U.S.? In the U.S., unlike most of the world, health insurance is privatized Seeking medical.
WHAT IS AN HMO? SHBP Health Maintenance Organization.
T RADITIONAL OR PPO H EALTH P LAN W HAT IS A PPO P LAN A Preferred Provider Organization (PPO) is a health plan with an established provider network.
Seminar Unit 2. Managed Care Causes Creation Goals Guidelines.
Shelby County Government 2014 Benefits Annual Enrollment: 11/01/2013 – 11/15/2013.
Chapter 8 Private Payers. Employer-sponsored  Group health plans  Carve out~designed plan  Open enrollment periods  Regulated by state laws.
HEALTH BENEFITS 101 Lucia Mar Unified School District Presented by Michelle Rogers Human Resources Technician May 11th, 2016.
PPO Plans What You Need To Know Burt Krebs Virginia State Insurance Manager.
Guide to Medical Billing CHAPTER Third Edition Health Insurance Programs 4.
Sentinel Plan® Hospital Advantage™ Sentinel Plan® Hospital Advantage™ Protecting Your Health and Maximizing Your Potential.
5-1. Employer-Sponsored Health Insurance McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill Companies, Inc. All rights reserved. Chapter 5.
Deep dive into vehi 2018 health plans
Health Insurance Key Definitions & Frequently Asked Questions
ClearProtection Plus 3300 How It Works
Medical and Prescription Drug Deductibles
Health Insurance Premiums & Benefits
Sentinel Plan® Hospital Advantage™ Protecting Your Health and Maximizing Your Potential Sentinel Security Life is pleased to introduce Sentinel Plan®
Chapter 11: Health Care Planning
Cover area with cropped image.
Chapter 11: Health Care Planning
Contract Effective Date
Health Insurance Premiums & Benefits
Presentation transcript:

Instructor: Laurie Amdur, CPAR, CFC, PAS

 Room types—Medical, Surgical, ICU, & Intermediate ICU  Authorized vs. Charged  Payment for outside services— radiologists, physicians, pathologists, anesthesiologists, etc

 Patient in ICU 5 days and medical room 1 day  Authorized 3 ICU days and 3 medical rooms  $ deductible/$0.00 met, 80/20 coins  How much do we collect from the patient?

 Calculation for Medical ◦ $ X 3 = $  Calculation for ICU ◦ $ X 3 = $  Total amount Allowed (ICU + Medical) ◦ $ = $

 Deductible = $5000  Coins calculation ◦ 20% X $ = $  Total to collect ◦ $ $ = $

 $ deductible, $100.00/day Inpatient copay, 70/30 coinsurance, max out of pocket $  How much do we collect?

 Calculation for Medical ◦ $1200/day x 3 days = $3600  Calculation for ICU ◦ $2000/day x 3 days = $6000  Total Allowed ◦ $ = $

 $ deductible  $ copay per day ◦ 6 X $ = $  Coinsurance Calculation ◦ 30% X $ = $  Maximum OOP is $  Collect $ ($ $600.00)

 $ deductible, then 100%  How much do we collect?

AMOUNT ALLOWED  Medical ◦ $900/day x 3 days = $2700  ICU ◦ $1500/day x 3 days = $4500  Total Allowed ◦ $ $4500 = $7200  Collect $ Deductible  Plan pays 100% once deductible is met AMOUNT TO COLLECT

 Radiology and lab fee schedule  Surgery ASC groupers

 Female Patient  Yearly physical ◦ Mammogram—Digital Screening G0202 ◦ Computer Add on77051 ◦ dexa scan77080 ◦ CBC85027 ◦ lipid panel80061 ◦ TSH84443 ◦ A1C83036

 $ deductible/$ met, 90/10 coins, max out of pocket $ /$ met  How much do we collect?

Amount AllowedAmount to Collect  G0202$  77051$14.93  77080$  85027$18.08  80061$37.42  84443$46.92  83036$27.11  Total for these procedures $  $ deductible remaining  $ copay  Coinsurance Calculation  20% X $ = $93.44  Collect:  $ deductible, $ copay, and $93.44, for total $393.44

 $ deductible/$ met, 80/20 coins, $ outpatient copay, max out of pocket $ /$ met  How much do we collect?

Amount AllowedAmount to Collect  G0202$  77051$14.93  77080$  85027$18.08  80061$37.42  84443$46.92  83036$27.11  Total for these procedures $  $ deductible remaining  $ copay  Coinsurance Calculation  20% X $ = $93.44  Collect:  $ deductible, $ copay, and $93.44, for total $393.44

 $ deductible met, 60/40 coins, maximum out of pocket $ /$ met  How much do we collect?

 G0202$  77051$13.22  77080$  85027$15.30  80061$31.66  84443$39.70  83036$22.94  Total for these procedures $  Coinsurance Calculation  40% X $ = $163.58

 Multiple Surgery Rule—100/50  Procedures 29286, 29284, 29822

 $ deductible/$ met, $ Surgical Copay, 70/30 coinsurance, maximum out of pocket $ / met  How much do we collect?

 29826ungrouped procedure ◦ Unpaid  29824ASC grouper 5 (100%) ◦ $900  29822ASC grouper 3 (50%) ◦ $ ◦ $ x.5 = $  Amount allowed ◦ $ = $1225  Remaining Deductible $  Copay = $  Collect $1225

 $ deductible met, 80/20 coins, maximum out of pocket $10,000/$ met

 29826ungrouped procedure ◦ unpaid  29824ASC grouper 5 (50%) ◦ $ ◦ 0.5 x $650 = $  29822ASC grouper 3 (100%) ◦ $  Amount allowed ◦ $ = $  Co-Insurance ◦ $ X.20 = $  Collect $225.00

 $ deductible/$ met, 90/10 coins, maximum out of pocket $1500/$ met

 29826ungrouped procedure ◦ unpaid  29824ASC grouper 5 (100%) ◦ $  29822ASC grouper 3 ◦ $ ◦ 0.5 X $ = $  Amount allowed ◦ $ = $  Co-Insurance ◦ 10% X $ = $  $ Remaining Deductible  $ = $  Collect $447.50

 Contracts can be complex  Different fee schedules for different procedures  Need to be familiar with the various provisions

Linda Fausett