New Medical Billing Diagnosis Codes Effective 10/1/2004
When applying for life insurance many life insurance companies
require you to answer medical related questions and / or to
undergo a medical examination as part of the application
process. These medical examinations are often required as proof
of your health status as given on your application form. They
are used by the life insurance…
When planning for your Caribbean vacation, one could easily to
get carried away in the excitement and thrills of your upcoming
trip. But before you embark on your dream vacation, take a few
minutes to consider the possibility of medical emergency
situations that could arise during your trip to the Caribbean.
No one wants to think…
The new ICD-9 diagnosis codes went into effect on October 1st, 2004. In the past years, we had a three month grace period to use the new and revised codes. This year in 2004, CMS eliminated the grace period. This is very important because it means medical claims are going to be denied if you have not updated your diagnosis codes. If you have not…
Health insurance plans have been forced to take action to
contain costs of quality health care delivery as health care
costs have skyrocketed. Health insurance premiums, deductibles
and co-pays have steadily increased, and health insurance
companies have implemented certain strategies for reducing
health care costs. “Managed care” describes a group of stratgies
aimed at reducing the costs of health care for health insurance
companies.
There are two basic types of managed care plans;…
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