Friday, January 18, 2008

Medicare Reimbursement Policies

WHAT MEDICARE PAYS

After your annual deductible is met Medicare pays 80% of thier allowable charge for covered services; this leaves the customer with a 20% co-payment. If you do not have a Medicare supplementary policy or Medicaid that covers the 20% co-payment we are required by Medicare to bill you for the 20% co-payment. If your Per Year Medicare Part B Deductible is taken from our payment we are required to bill you for the amount deducted from our payment.

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