Description
Explore Haugen Academy’s Insurance Basics course. Accurate insurance plan selection is a critical job function for those who perform revenue cycle functions. This course was created to help you gain a better understanding of insurance plan benefit designs thus enhancing your communication with patients. We will discuss common terminology, insurance plan designs, networks, insurance benefits and medical necessity. Accurate registration is the foundation for an accurate claim and timely payment for services provided.
Objectives:
Lesson 1
- Identify common insurance plan types
- Recognize and use common insurance terms
- Demonstrate your understanding of basic insurance plan design
- Demonstrate your ability to calculate an estimated patient responsibility based on plan design
Lesson 2
- Pre-authorization and Notifications of Admission
- Basic understanding of Real Time Eligibility
- Importance of entering correct insurance information
Topics Covered: insurance basics, patient access insurance workflows, health insurance terminology, patient coverage education, government insurance, commercial insurance, Medicare, Medicaid, Aetna, Cigna, United Healthcare, subscriber, policyholder, dependent, beneficiary, insurance coverage categories, birthday rule, primary insurance determination, dependent child dual coverage, insurance effective dates, coverage dates, provider networks, in-network providers, out-of-network providers, contracted providers, negotiated rates, provider network status, preferred provider tiers, Tier 1 PCP, Tier 2 PCP, complementary provider networks, extended provider networks, national provider networks, network affiliation, payer code selection, insurance plan code selection, organization contract procedures, insurance card interpretation, network information on insurance cards, benefit determination, patient out-of-pocket costs, out-of-network benefit limitations, plan design, HMO plans, PPO plans, EPO plans, POS plans, HDHP plans, high deductible health plans, health savings accounts, HSA, health reimbursement arrangements, HRA, radiology benefit manager, RBM, explanation of benefits, EOB, coverage and benefits, deductibles, co-payments, co-insurance, out-of-pocket maximums, inpatient benefits, emergency room co-payments, primary care office visit benefits, specialty office visit benefits, dermatologist office visit benefits, benefit summaries, insurance company benefit policies, insurance ID cards, payer guides, provider relations assistance, group numbers, group names, employer-sponsored insurance, policy identification numbers, member numbers, enrollee numbers, claim numbers, policy number formatting, policy number suffixes, punctuation in policy numbers, registration system insurance fields, insurance eligibility verification, real time eligibility, HIPAA 270 eligibility inquiry transaction, HIPAA 271 eligibility response transaction, eligible coverage response, ineligible coverage response, subscriber eligibility, dependent eligibility, co-pay information in eligibility responses, co-insurance information in eligibility responses, insurance website verification, automated eligibility verification, third-party eligibility software, batch eligibility transactions, failed eligibility transactions, self-pay conversion, pre-authorization, prior authorization, prior approval, utilization control, cost control, medical appropriateness review, medical necessity requirements, services requiring pre-authorization, emergency services not requiring pre-authorization, payer-specific pre-authorization rules, ordering provider office workflow, hospital pre-authorization team workflow, insurance company authorization review, pre-authorization turnaround time, rescheduling services for pending authorization, pre-authorization numbers, pre-authorization number entry, authorization effective dates, authorization date span, authorization validity period, pre-authorization not guaranteeing coverage, no-authorization denials, write-offs for missing authorization, Notification of Admission, NOA, inpatient admission notification, planned admission notification, unplanned admission notification, payer notification timeframe, 24-48 hour notification window, next-business-day notification, case management collaboration, continued stay authorization, clinical information for additional hospital days, authorized length of stay, denied additional days, patient financial responsibility calculation, eligibility does not equal coverage, accurate insurance information entry, insurance information validation, complete registration information, revenue cycle impact, timely claim payment, claim denials from incorrect insurance information, claim denials from missing authorizations, claim denials from missing notifications, claim resubmission, claim appeals, patient stress from denied claims, patient access role in revenue cycle success, insurance basics knowledge checks, Million Point Challenge review, module assessment, patient access education, insurance basics course content.
the way in which HMO and PPO plans are described can be trick as they use the same phrasing to described the plan. It is confusing to find the difference if you are truly new to INS.
This course was easy to understand and navigate
This course was easy to understand and navigate
I had a great experience.
Information was good but there are to many words per screen so it was hard to understand where I was when reading.
I wish the course was more interactive.
Well done and prepared
instead of having to read all the terms have instructor read along with
Very informative and easy to follow content
Response from Haugen Consulting Group
PASCORE05_INS
this course truly helped me with the basic knowledge of understanding insurance
Was great information to learn more about to gain more knowledge with insurance.
The way this course was set up was good to comprehend, read and understand. Great examples and my score reflects the way the course was set up
Nice course!