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can someone please help me with this assignment that i due today Insurance Billing Routines, Posting Payments and Secondary Insurance Billing Questions 1. Explain this

can someone please help me with this assignment that i due today

image text in transcribed Insurance Billing Routines, Posting Payments and Secondary Insurance Billing Questions 1. Explain this statement, \"Insurance claims management is a vital part of the reimbursement process\". 2. Explain the major sections of the CMS-1500 form, and discuss the pros/cons of electronic vs. paper billing. 3. Describe the components of a Medicare Remittance Advice (RA) / Explanation of Benefits (EOB) form. 4.Why are \"medical collectors\" important to a physician's office? Please respond to the initial question by day 5 and be sure to post two additional times to peers and/or instructor by day 7. The initial post by day 5 should be 75 to 150 words, but may go longer depending on the topic. If you use any source outside of your own thoughts, you should reference that source. Include solid grammar, punctuation, sentence structure, and spelling. Procedure Posting Routines 1. 2. 3. 4. 5. 6. 7. 8. Name the three steps involved in the claims management process. Provide examples where paper claims might be necessary over electronic claims submissions. There are a number of items insurance companies require in order to process medical billing claims. List at least eight (8) of these items. Describe the NPI number, implementation advantages of it NPI number, and what type of provider must use the NPI. Describe two specific factors that greatly reduce denied claims and limits the amount of insurance follow-up and tracing to be done. Describe some ways reimbursement may be affected by a patient who receives services from an out-of-network provider. Give examples of times when Medicare is the secondary payer (MSP). A patient with Medicare is working at a small business with fewer than 20 employees. She has a group plan with this employer. Which insurance is primary for services? Explain your answer. Medicare Employer group plan

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