COB | What is Coordination of Benefits in medical billing?
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- Опубликовано: 20 окт 2024
- In this video, Jasmine with IPS Learning Institute explains the meaning of Coordination of Benefits in medical billing and how it can impact your revenue cycle.
Do you have a question about the revenue cycle or the business of healthcare? Drop your question below! #medicalbilling #coordinationofbenefits #cob
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❓❓ Do you have a question about the revenue cycle or the business of healthcare? Drop your question below! #revenuecyclemanagement #revenuecycle #medicalbilling
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P.S. We want to give you more of what you want. What more do you want to learn about healthcare? Share your topics in the comments below!
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Who is Jasmine?
A natural-born leader, Jasmine believes in creating a work environment that is fulfilling to its team both personally and professionally. With over two decades working in the healthcare industry, she leverages her experience and passion for people to help guide the next generation of medical billers. By implementing new processes that have proven to be both efficient and effective, she’s able to help scale organizations to new levels.
Jasmine works as a healthcare advisor and speaker to ensure her core mission of alleviating the stress and confusion from the business side of healthcare improves the patient care process. She is a master at developing systems that position an organization to grow while delivering exceptional services to its clients and patients. Jasmine has been able to reach new heights with her business by living a life full of passion and purpose.
I'm studying for my Medical Coding & Billing test and I'm so glad I found your video! You explain the COB so well and love your teaching style.
Aw, so kind of you to say! Have you taken the test yet? Hope it went well!
Hello. I started working for an American company focused on healthcare insurance Then I am still learning about the business of this area and found your video intereseting. Thanks
Welcome to the wonderful world of US healthcare :)) Glad to hear you find the videos helpful.
Please feel free to ask any related questions that come up.
I am so happy to have found your channel. Could you please make videos about Elegibility, DPPO P1, Dentacom, Filling Limit, Bulk Check, Fee Schedule, Super Networks, HIPPA validation and all that terminology that an assistant agent must know please this is my first time working for an insurance company and it's a lot to take in consideration in order to help to front desk. I appreciate your time and effort to explain us this topics. God bless you 🙏
Hi there! Thank you for the kind words! We left a response on your other comment, let us know if that covers some of what you were looking for.
Love your work space! Great voice and energy! Very informative, you’re a great teacher! I definitely didn’t know any of this. 😬
Thanks for the feedback!! :)) so happy you enjoyed it!
Thank you for explaining this! So glad I found your channel ❤️
hi
Yay!! Welcome :-)) So happy you are here! Feel free to let me know if you have any topics you would like covered in future videos.
Hello. I work for an insurance company and I just made a short video about what to do to quickly fix denied claims because of coordination of benefits.
So when the doctor office submits the claim to payer a they will also add the information to payer b? Will payer a go after payment from payer b?
Hi nice to see your videos ,could you please make a video about recoupment,refund and offset with clear examples
Thank you for the comment! Yes, I will add this to our list of topics. Stay Tuned...
Hi , I am so glad I found your videos . You explained so well ❤. Can also explain what BA does in claims processing .
Yay ! Glad you are finding them helpful. Can you explain the context of the acronym "BA"?
please explain with examples
Thank you for the feedback! I will absolutely add more examples for future videos.
My insurance is trying to refuse payments. I had no idea about this. I never received any info. They denied payments on several bills. When I found out about it I went in and filled it out but they are saying I have to pay some they refuse to cover. I pay them every paycheck they took the payment every check. How can they refuse this
Thank you for your comment. I’m so sorry to hear of your troubles. Are they denying Payments related to coordination of benefits? If so, then, all you need to do is reach out to them and confirm whether or not you have more than one insurance. If you have more than one insurance, we need to reach out to both of those companies to inform them of the other. This will allow them to communicate with each other to process your claims.
Thankyouuuesttt
You're welcome 😊
Your explanation is not very clear -hard to follow
Thank you for the feedback!
Coordination of benefits is the way insurances determine how they should pay. Patient is responsible for updating each pf their insurance companies (when they have more than one) who is primary, secondary and tertiary and so on.
For example, if a patient has three coverages with Medicare, BluecrossBlueshield (through a spouses employer ) and Aetna supplemental the patient has to provide and update to each company at least once a year who is supposed to 1st, 2nd and 3rd in line for processing & paying on the claims.
Is that a bit clearer?
@@InleraU Thank you for the breakdown. I thank you. :) I wanted to acknowledge that does break it down for me at least :D
I am so happy to have found your channel. Could you please make videos about Elegibility, DPPO P1, Dentacom, Filling Limit, Bulk Check, Fee Schedule, Super Networks, HIPPA validation and all that terminology that an assistant agent must know please this is my first time working for an insurance company and it's a lot to take in consideration in order to help to front desk. I appreciate your time and effort to explain us this topics. God bless you 🙏
And we are happy to have you! I will add those to the list for sure, but I would also recommend this playlist if you haven't seen it yet, it is all about terms:
ruclips.net/video/MoXDuZqRSmI/видео.html
I hope that helped!