4 hours ago NORCO COVID-19 Information Pay My Bill Store Locator ... Home Industries Served Bulk Gases Welding & Cutting ... Medical Equipment Bags & Cases; Medical Exam or … >> Go To The Portal
Our billing process begins when you receive a new piece of equipment. The Norco team will go over the various forms your insurance company requires to process the claim. Medicare and other insurance companies may need additional documentation, which we will work towards obtaining but may need your assistance.
Failure to pay for services for which you are responsible for may result in your account being referred to a collection agency. We appreciate you choosing Norco for your medical needs. We are committed to serving you better and it is our goal to avoid any misunderstandings regarding our financial policy.
At that time, Norco will decide whether to accept assignment. Many insurance plans do not cover the entire cost; therefore, Norco makes every effort to verify you are billed correctly. Please provide us a copy of your current insurance card to ensure accurate billing.
Healthcare Financing Administration Common Procedure Coding System (HCPCS) HCPCS is a coding system used to explain services, devices, and diagnoses administered in the healthcare system . Medical billing specialists utilize codes in the HCPCS on a daily basis to file claims.
Allowable charge Also known as the "allowed amount" or maximum allowable; this is the dollar amount considered by a health insurance company to be a reasonable reimbursement rate. Co-Insurance Percentage of coverage that a patient is responsible for paying after an insurance company pays the portion agreed upon in the health plan.
Explanation of Benefits Also known as the EOB- A document attached to a processed medical claim wherein the insurance company explains the services they will cover for a patient's healthcare treatments.
This could be for various reasons- commonly it is because you have not yet met your deductible, or your claim was denied.
A doctor’s prescription does not guarantee coverage. At that time, Norco will decide whether to accept assignment. Billing Rights and Obligations. Many insurance plans do not cover the entire cost; therefore, Norco makes every effort to verify you are billed correctly.
Co-Insurance percentages vary depending on the health plan, and may be subject to your deductible. Co-Insurance and Co-Pays are two separate distinctions. Co-Pays are set, out-of-pocket expenses not typically subject to deductibles.