When you see this on your doctor or dental statement or bill, what does it mean?
2007-03-22 05:30:04 · 7 answers · asked by Mrs. T 4 in Business & Finance ➔ Insurance
Actually, I was just wondering about Doctor and Dental bills.
2007-03-22 05:43:21 · update #1
On a doctor or dental statement, it means the doctor charged $50 for the visit but the insurance only allowed $45 so the doctor wrote off the other $5.
When Doctors contract with a PPO, the PPO generally has an amount they will pay for certain things. If the doctor charges more for that particular proceedure, the PPO will only pay their maximum amount. Since the doctor has agreed to bill by the PPO's price list when he became a provider for the PPO, he cannot come back and charge the patient the additional amount so he writes it off as an insurance write-off.
2007-03-22 06:25:32 · answer #1 · answered by Faye H 6 · 4⤊ 0⤋
Insurance Write Off
2016-10-06 10:41:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you are on a policy that requires you to go to a participating provider, you should not be charged the difference between these two prices. A contracted dentist generally has an agreement with the insurance company to write off the difference in charges. If the policy allows you to go to a dentist of your choice, check the insurance company’s UCR fee guide against the fees that dentist charges. You may be required to pay the difference out of your pocket, however, you can not put a price tag on quality dental care.
2007-03-22 05:49:43 · answer #3 · answered by ramon1972pr 4 · 1⤊ 0⤋
It's a provider discount. Meaning, that by accepting your insurance, your doctor or dentist agrees to a certain payment for services - no matter how much he bills the insurance for. Other plans may pay more or less, depending on the contract.
2007-03-22 12:18:09 · answer #4 · answered by zippythejessi 7 · 2⤊ 0⤋
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RE:
What does insurance write-off mean?
When you see this on your doctor or dental statement or bill, what does it mean?
2015-08-15 11:08:14 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Most plans have contracts with doctors, hospitals etc. Whenever the bill exceeds the agreed contract amount the insurance company reduces it by using "write-off" You are not responsible for the difference between billed and paid.
2007-03-22 06:21:47 · answer #6 · answered by Bill R 2 · 1⤊ 0⤋
It means the insurance co. considers it to be more expensive to repair the car than scrap it. Thus, some "nice" cars in reasonable condition can get "written off" even if the damage is not that bad. (Eg if a car is worth £500 and the damage is slight but would cost £510 to put right, the car's finished).
2007-03-22 05:37:19 · answer #7 · answered by Anonymous · 0⤊ 0⤋
you pay the deductible and they take care of the rest between your policy and premium
2007-03-22 05:33:02 · answer #8 · answered by Anonymous · 1⤊ 1⤋