Question: Please review the lecture information prior to completing this task. This scenario is for a provider who contracts with Medicare. More information is available to
Please review the lecture information prior to completing this task. This scenario is for a provider who contracts with Medicare. More information is available to you on pages 322-330 of your text.
Specific tips are:
- Participating provider receives the full amount listed on the Medicare Physician's Fee Schedule (MPFS or PFS).
- The copay may be paid by the patient or supplemental insurance.
Analyze a scenario to determine monetary responsibility for a visit.
Calculate the figures for each category under both scenarios.
Scenario 1A
Calculate the following amounts for a participating provider who bills Medicare and has no deductible left.
Submitted charge (based on provider's regular fee) $650
Medicare participating physician fee schedule (PFS) $450
Coinsurance amount (20% paid by) $
Medicare payment (80 percent of the PFS) $
Provider write-off $
Scenario 1B
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
