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Medical Insurance (A Revenue Cycle Process Approach) 8E BlueCross BlueShield of Illinois Offers Plans K and L BlueCross BlueShield of Illinois announced two new low-cost,

image text in transcribedMedical Insurance (A Revenue Cycle Process Approach) 8E

BlueCross BlueShield of Illinois Offers Plans K and L BlueCross BlueShield of Illinois announced two new low-cost, cost-sharing Medicare supplement plans for Illinois seniors, Plans K and L. These plans aim to help individuals seeking assistance with the portion of doctor and hospital bills that Medicare does not cover, Business Wire, Inc. reports. Menue Part The following was issued as a press release by BCBS of Winois. icare care Stable Me cost-sharing by the member. Mans K and L are options for seniors seeking lower premiums for their supplemental insurance. They provide coverage comparable to other Medicare supplement products but have lower monthly premiums in exchange for higher Members with Plan K pay half of the cost-sharing for covered services (such as the first-day deductible for hospital care). Members with Plan L pay 25 percent for these services. Once members reach an out-of-pocket limit (54,000 for Plan and $2,000 for Plan L), 100 percent of their Medicare copayments and coinsurances are covered for the rest of the calendar year. is a Yolanda Younes-Garcia of Decatur, IL, has decided to purchase BCBS Plan K. She has a 515 copay and 50-50 coinsurance. She has met 53,945 of her out- of-pocket expenses this year. Her physician charges $345 for an annual physical. (1) What amount will Yolanda pay? (2) What amount will Medicare pay? If Yolanda is seen for a follow-up office visit after her annual physical: 3) What amount will she pay? 14 What amount will Medicare pay? an BlueCross BlueShield of Illinois Offers Plans K and L BlueCross BlueShield of Illinois announced two new low-cost, cost-sharing Medicare supplement plans for Illinois seniors, Plans K and L. These plans aim to help individuals seeking assistance with the portion of doctor and hospital bills that Medicare does not cover, Business Wire, Inc. reports. Menue Part The following was issued as a press release by BCBS of Winois. icare care Stable Me cost-sharing by the member. Mans K and L are options for seniors seeking lower premiums for their supplemental insurance. They provide coverage comparable to other Medicare supplement products but have lower monthly premiums in exchange for higher Members with Plan K pay half of the cost-sharing for covered services (such as the first-day deductible for hospital care). Members with Plan L pay 25 percent for these services. Once members reach an out-of-pocket limit (54,000 for Plan and $2,000 for Plan L), 100 percent of their Medicare copayments and coinsurances are covered for the rest of the calendar year. is a Yolanda Younes-Garcia of Decatur, IL, has decided to purchase BCBS Plan K. She has a 515 copay and 50-50 coinsurance. She has met 53,945 of her out- of-pocket expenses this year. Her physician charges $345 for an annual physical. (1) What amount will Yolanda pay? (2) What amount will Medicare pay? If Yolanda is seen for a follow-up office visit after her annual physical: 3) What amount will she pay? 14 What amount will Medicare pay? an

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