Title: Explain patient’s financial obligations for services rendered.
Course: Medical Assistant I (14151-I) > Section: Managing Financial Transactions

Explanation should include

- description of itemized and monthly statements (e.g., explanation of benefits [EOB])
- procedure for collection of delinquent accounts
- types of payment accepted.

Process/Skill Questions:

- What factors determine patient fees?
- What is a co-pay and/or co-insurance?
- What is a deductible?
- What is the legal requirement for collecting the co-pay?
- How do Medicare payments affect doctors' and other medical fees?
- How is an EOB different from a billing statement?
- What is an Advance Beneficiary Notice (ABN) form?