Question

Dr. Abrams receives payment from BCBS for services rendered to patients covered by the plan. This is known as

Answer 1

Dr. Abrams receives payment from BCBS for the services rendered to patients covered by the plan is known as assignment of benefit. In this, there is an agreement between the beneficiary and the insurance company to pay their health benefit directly to the physician or the health care provider. There is no involvement of the beneficiary to claim the insurance money, the money to be directly transferred to the third party. The third-party can file the claim and get the money from the insurance company without the involvement of the beneficiary.