Posts Tagged: Balance Billing

Less than desirable health insurance

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, International Accounting, Managerial Accounting.

Terrible abdominal pain, while at a Florida conference, landed Doug Moore in an out of town emergency room (ER). While the emergency room charges were paid by his insurance as in-network charges, the doctors’ charges were billed at a much higher out-of-network rate. Questions: 1. On average, what percentage of patients that go to ERs… Read more »

Don’t Pay that Medical Bill: The Truth about Balance Billing

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting.

As health-care costs continue to soar, millions of confused consumers are paying medical bills they don’t actually owe. Typically this occurs when an insurance plan covers less than what a doctor, hospital, or lab service wants to be paid. The health-care provider demands the balance from the patient. Questions: 1. Explain why balance billing is… Read more »