Do you, does your staff, and do your patients understand these common insurance terms - deductibles, co-pay, and co-insurance? I bet you would tell me not everyone. Chances are most of the people working in or visiting healthcare practices need a bit of a primer on these important terms, what they mean, and how they can impact your practice.
In this new series on Getting Paid, I want to focus on just that, how we get paid. Episode #34 of the NP Business Matters podcast is going to talk about three terms that cause any practice that takes insurance a bit of indigestion!
Deductibles, Co-Pays & Co-Insurance!
In this episode, we'll define the terms, talk about some practice scenarios, and what we can do to begin to implement some best practices.
You'll find the resources linked on the show notes at NPBusiness.org