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Explanation Benefits Assignment Question & Answer Guide (With Explanation)

Understanding this question requires applying core subject principles.

What This Question Is About

This question relates to explanation benefits assignment and requires a structured academic response.

How to Approach This Question

Break the problem into smaller parts and analyze each logically.

Key Explanation

This topic involves explanation benefits assignment. A strong answer should include explanation, application, and examples.

Original Question

Explanation of Benefits Assignment Excellent Healthcare Insurance Company Date: 08/19/201* Patient’s Name: Cathy Smith (Member) ID Number 123456789 Date: 07/13/201* Line Service Charge Cont. Other Allowable Co- Benefit Allowance Adjustment Charge Insurance Payment 1 Appendectomy $1045.00 $812.88 $0.00 $232.12 $46.42 $185.70 2 Face Lift $1320.00 So $0.00 $0 $1320.00 So W Preventive $890.00 $890.00 $0.00 $890.00 $0 $850.00 Colonsocopy Totals $3255 $1702.88 $0.00 $1122.12 $1366.42 $1035.70 $500 of $500 Deductible met as of 06/30/201* Review the above chart and answer the following questions: Excellent Healthcare covers surgeries at 80% Preventive procedures covered at 100% Cosmetic procedures are not covered 1. If the patient’s insurance plan plays 80% of claims what would the patient owe for the appendectomy? What would the insurance owe? 2. What does the patient owe for the face lift? 3. What does the patient owe for the preventive colonoscopy? 4. What is the total amount the patient owes?

 
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