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Vocabulary

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Term
Definition
Appeal   A request for a review of an insurance claim that has been underpaid or denied by and insurance company to receive additional payment.  
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Denied Claim   An insurance claim submitted to an insurance company in which payment has been rejected.  
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EOB   Explanation of Benefits:A document detailing services billed and describing payment determinations.  
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RA   Remittance Advice: A document detailing services billed and describing payment determination issued to providers of the medicare or medicaid program  
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Tracer   An inquiry made to an insurance company to locate the status of an insurance claim.  
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Inquiry   See Tracer  
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NPI   National Provider Identifier: A lifetime 10-digit number issued to providers.  
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Delinquent Claim   An insurance claim submitted to an insurance company, for which payment is overdue.  
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Overpayment   Money paid over and above the amount due by the insurer or patient.  
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Peer Review   The review of a patient's case by one or more physicians using federal guidelines to evaluate another physician in regard to the quality and efficiency of medical care.  
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Suspended Claim   An insurance claim that is processed by the insurance carrier but held in an indeterminate (pending) state about payment either because of an error or the need for additional information.  
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Rejected Claim   An insurance claim submitted to an insurance carrier that is discarded by the system because of a technical error or because it does not follow Medicare instructions.  
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HIPAA   Health Insurance Portability and Accountability Act: Guidelines and regulations to ensure the privacy of patients.  
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ERISA   Employee Retirement Income Security Act:Governs health insurance that is provided as a benefit of employment.  
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FTC   Federal Trade Commission:Board that regulates interstate trade and fraudulent price fixing.  
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Created by: RacheleCarter
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