Sunday, 29 March 2015

Medicare EOB - PR - 3 Co-payment Amount


PR - 3 Co-payment Amount


Description:
Copayment A specified dollar amount or percentage of the charge identified that is paid by a beneficiary at the time of service to a health care plan, physician, hospital, or other provider of care for covered service provided to the beneficiary.

Cost Sharing The general set of financial arrangements whereby the consumer must pay out-of-pocket to receive care, either at the time of initiating care, or during the provision of health care services, or both. Cost sharing can also occur when an insured pays a portion of the monthly premium for heath care insurance.





Action:

1. We need to bill the patient.
2. If there is any other insurance coverage if the patient has, we can bill to that insurance also.

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