Labcorp makes a variety of payment options available to patients, helping you better prepare for laboratory services. If you need additional assistance, call us at 800-845-6167. Show
Insured PatientsLabcorp will file claims directly to Medicare, Medicaid, and many insurance companies and managed care plans. Before you have lab tests performed, please make sure:
Once your insurer has processed your claim, you will receive an explanation of benefits (EOB) from your insurer informing you of the amount it will pay for your laboratory services.
Uninsured PatientsIf you do not have insurance or your health care benefits do not cover clinical laboratory testing services, you will have to pay for the tests performed by Labcorp before specimen collection services are performed.
You may have the right to receive a “Good Faith Estimate” explaining how much your medical care will costUnder the law, patients who don’t have insurance or who are not using insurance may have the right to an estimate of the bill for medical items and services upon request or if they schedule an appointment at least 3 days in advance.
For questions or more information about your right to a Good Faith Estimate, visit www.cms.gov/nosurprises or call 1.800.985.3059. Payment-Specific ProgramsLabcorp offers programs to address those patients who have true financial needs, including:
Please call us at 800-845-6167 for more information about these programs. For more information about patient billing and payment information, view our PDF. Labcorp makes it easy for you to pay any balance you may owe as a result of the laboratory services you will receive. Just present your credit card or health savings account (HSA) card when you check in for your specimen collection. You’ll be able to simply and securely approve a charge to your account that will only be made if a balance remains after your insurance company has processed your claim. For more information about Sign and Go, view our patient information PDF. Your Rights and Protections Against Surprise Medical BillsWhen you get emergency care or get treated by an out-of-network provider at an in-network hospital or ambulatory surgical center, you are protected from surprise billing or balance billing. Learn more about the No Surprises Act. Which document informs patients of their financial status with the dentist?The dental record (aka patient chart) is the official source of all diagnostic information, clinical notes, treatment and patient-related communications that occur in the dental office, including instructions for home care, consent to treatment and finances.
Which of the following is usually considered cash?Cash includes legal tender, bills, coins, checks received but not deposited, and checking and savings accounts.
Which of the following needs to occur when a check is returned from the bank for NSF quizlet?Which of the following needs to occur when a check is returned from the bank for NSF? The payment posted to the patient account must be reversed & A charge line item must be added with the amount of the NSF check.
Which accounting term indicates the amount owed to a dental practice quizlet?Terms in this set (16)
A credit balance is an amount owed to the dentist for services rendered.
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