Explain why insurance verification is required

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Reference no: EM132247550

Discussion :

Online and digital resources, assume the role of the medical practice office manager. You need to train two new front office employees and explain the importance of the office procedures related to accounts payable and reimbursement/payment for the medical services provided to patients.

In preparation for your meeting with the new staff, describe how you will train them on the following items.

Explain two different types of health insurance plans in the United States. A brief overview of different types of health insurance plans that your practice accepts.

Explain why insurance verification is required and why it is important for the organization to verify benefits and collect co-payments and bill patients for portion of coverage that will not be covered by insurance and third party payers.

Explain the difference between accounts payable and accounts receivable.

Provide two other insurance terms or concepts that would be important for the new employees to understand.

Reference no: EM132247550

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