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CPB · Question #235

Which amount is written off when a provider is contracted with an insurance company?

The correct answer is D. Contractual adjustment. Contractual adjustments are the differences between billed charges and allowed amounts.

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Question

Which amount is written off when a provider is contracted with an insurance company?

Options

  • ADeductible
  • BCopayment
  • CAllowed amount
  • DContractual adjustment

How the community answered

(22 responses)
  • A
    14% (3)
  • B
    9% (2)
  • C
    5% (1)
  • D
    73% (16)

Explanation

Contractual adjustments are the differences between billed charges and allowed amounts.

Topics

#contractual adjustment#write-off#contracted provider#reimbursement

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