[New post] BALANCE BILLING: The Emerging “No Surprise” Act
Editor-in-Chief posted: " Balance Medical Billing By Dr. David E. Marcinko MBA CMP® The No Surprises Act is looking to make the practice of out of network balance billing a thing of the past. CITE: https://www.r2library.com/Resource/Title/0826102549 *** "
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New post on The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants
Beginning in 2022, there will be few situations in which a patient can receive a bill for out-of-network care they believed would be covered by their insurance company. This new rule should especially benefit patients in emergency situations who don't have the time or luxury to dig up the details on every provider they encounter.
The No Surprises Act also requires insurance companies to provide patients with at least 90 days of coverage if an in-network provider moves out of network. That way, patients aren't forced to switch providers immediately if such a move happens while they're in the middle of a treatment plan.
Now, the No Surprises Act does have its limitations. Patients can still get a bill for out-of-network care if they visit an urgent care clinic for non-emergency purposes. Also, if consumers are informed that the care they're about to receive is out of network and they give written consent to move forward, then they may get billed for that care even once the new rule takes effect.
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