Question
Fill out the information below and determine the amount owed by the patient after deductible has been met in the following situations. Provide the calculations
Fill out the information below and determine the amount owed by the patient after deductible has been met in the following situations. Provide the calculations used to determine your answers:
A. Participating physicians standard fee: $300.00
Allowed amount $200.00
Medicare pays 80%
Patient or supplemental plan pays 20%:
Provider adjustment (write-off):
B. Nonpar physicians standard fee (accepts assignment): $250.00
MFS: $200
Medicare nonpar fee:
Medicare pays 80%:
Patient or supplemental plan pays 20%:
Provider adjustment (write-off):
C. Nonpar physicians standard fee (does not accept assignment): $250.00
MFS: $200
Medicare nonpar fee:
Limiting charge :
Patient billed:
Medicare pays patient:
Total provider can collect:
Patient out-of-pocket expense:
Provider adjustment (write-off):
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