At Heartrate Healthcare, we offer a comprehensive suite of services tailored to meet the diverse needs of healthcare providers. Our expertise spans across various facets of healthcare administration, ensuring that you receive holistic solutions for your practice.
Coordination of Benefits (COB) Verification is a process in the healthcare industry that ensures accurate and timely payment of medical claims when a patient is covered by multiple insurance plans. The goal of COB verification is to identify the primary and secondary insurance coverage for a patient and determine the correct order in which the insurance plans should be billed. Here are key aspects of COB verification:
Patient Information Gathering:
Collecting comprehensive information about the patient, including details about their primary and secondary insurance coverage.
Verifying personal information, policy numbers, and any other relevant details from the patient.
Insurance Policy Verification:
Verifying the details of the patient’s primary insurance policy, including coverage limits, deductibles, copayments, and coinsurance.
Collecting similar information for the secondary insurance policy.
Determining Primary and Secondary Payers:
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