Saturday, October 5, 2013

No Fault Deductibles -Financial Responsibility of Patients

Patients are financially responsible for payment of any deductible amount withheld from the provider's claims.  The insurance carrier will send notice of the deductible amount taken out from a claim.   As a policyholder with your automobile insurance carrier- this is part of your policy agreement. Call your claim representative for details of the amount  due by you.

Most policies carry a $200.00 deductible ,some have zero  and some have $500.00 .

If a patient has private insurance, filing the deductible with the private insurance is permitted and they may pick up some or all of the amount due. 

**Medicare doesn't cover no fault deductibles.

See below from the Medicare website :  Medicare doesn't cover No Fault deductibles. Page 15

"Who pays if the no-fault or liability insurance denies my medical bill or is found not liable for payment? In this case, Medicare pays the same as it would if it were the only payer. However, Medicare only pays for Medicare-covered services. You’re responsible for your share of the bill, like coinsurance, a copayment or a deductible, and for services Medicare doesn’t cover."

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