The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: 4 Years no budget from Senate ...||Date: 3/24/2013 6:06 PM|
|Author: Rightime||Number: 1867218 of 1956774|
So a non-PAR physician can charge about anything he wants ... accept the Medicare ...
if your doctor, provider, or supplier accepts assignment:
Your out-of-pocket costs may be less.
They agree to charge you only the Medicare deductible andcoinsurance amount and usually wait for Medicare to pay its share before asking you to pay your share.
They have to submit your claim directly to Medicare and can't charge you for submitting the claim.
if your doctor, provider, or supplier doesn't accept assignment:
They can charge you more than the Medicare-approved amount, but there's a limit called "the limiting charge." The provider can only charge you up to 15% over the amount that non-participating providers are paid. Non-participating providers are paid 95% of the fee schedule amount.
I already gave you a state by state list that documents that 93% of physicians accept assignment...
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|