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Patient Financial Responsibility Agreement 1  Form

Patient Financial Responsibility Agreement 1 Form

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Instructions and help about Patient Financial Responsibility Agreement 1

hi I'm Amy and I'm the office manager and we are wanting to do some videos to help educate our patients on their insurance in what their patient responsibility terms mean and so um one of the most common questions we get in the billing office is i paid my copay so why do i still owe money and so today we're just going to talk about the different terms that your insurance company has for patient responsibilities and first of all your premiums this is what you pay every month to guarantee that you have coverage you pay that to the insurance company it does not go to your doctor you pay that directly to the insurance company and the next one is your deductible this is an annual amount that your insurance company has set aside that you have to pay in full and some insurance companies are anywhere from five hundred dollars to ten thousand dollars and your specific plan has an amount that they say that you have to pay every year and and then after that you have your c

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