Coverage Book Basics - PowerPoint PPT Presentation

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Coverage Book Basics

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The use write-off option is used when you agree to write off the difference ... Coverage Book can be setup at the time an insurance payment is being posted so ... – PowerPoint PPT presentation

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Title: Coverage Book Basics


1
Coverage Book Basics
  • What is Coverage Book?
  • A coverage book simply allows your office to
    estimate insurance more accurately
  • A coverage book lists all of the exceptions for a
    particular insurance company
  • What are some reasons I would want to create a
    coverage book?
  • The fee charged is higher than the fee the
    insurance company allows
  • The insurance company considers the service part
    of a different category of service (Preventive,
    Diagnostic, Basic, etc) than your usual defaults
  • The insurance company applies a deductible to a
    service that is different than your usual
    defaults
  • You are required to write off the difference
    between the allowed amount you charge for any
    service

2
Coverage Book Basics
  • Coverage books can be setup to record the
    following
  • An insurance companys usual and customary rates
    (UCR)
  • you can enter the UCR, dollar amount or percent
    of coverage
  • The use co-pay option is used when a patient has
    a co-payment amount for specific procedures
  • you can enter the UCR, co-payment amount and the
    system will calculate the write-off amount based
    on those figures
  • The use write-off option is used when you agree
    to write off the difference between your standard
    fee and the UCR amount
  • You can enter the UCR and coverage amounts and
    the system will calculate the write off based on
    those figures

3
Coverage Book Basics
  • Coverage Book overrides the benefit breakdown
    listed in the edit employer window
  • Coverage Book can be setup at the time an
    insurance payment is being posted so you can
    enter the exception for that company and all
    future walkouts/treatment plans will utilize that
    coverage book item
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