What is Workers Compensation Insurance?
WC insurance protects employers and injured workers from financial costs when a worker sustains a work-related injury or disease.
The workplace is the spot where most injuries take place. Each State and Territory has a compulsory insurance scheme. It may be called Workers Compensation, Workhealth, Workcare or some other name. Sometimes, the workers' compensation insurance and the traffic accident insurance have been amalgamated and are run by one authority with almost identical benefits being provided. Workers Compensation is payable for any injury caused by the work environment. The injury can be an injured back caused in an accident. Or it can be an occupational disease like asthma or asbestosis caused by dust or asbestos. It can be RSI, repetitive strain injury. It can be a skin disease caused by chemicals. It can be cancer caused by passive smoking.
Medical billing concept - Worker compensation review
Medical billing concept - worker compensation reveiw part 2
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Medical Billing Popular Articles
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Procedure CODES and Descriptions 99401 - Preventive medicine counseling and/or risk factor reduction intervention(s) provided to an indi...
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CPT CODE AND Description 99391 - Periodic comprehensive preventive medicine reevaluation and management of an individual including an age... -
CPT code and description 80050 - General health panel This panel must include the following: Comprehensive metabolic panel (80053), ...
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When an ERA is received, providers may: •Post decision and payment information automatically, for individual claims included in an R... -
Procedure code and Description 99251 Inpatient consultation for a new or established patient, which requires these 3 key components: A pro...
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CPT Code and description 99381 - Initial comprehensive preventive medicine evaluation and management of an individual including an age an...
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Billed amount: It is the Amount charged for each service performed by the provider. In other words it is the total charge value of the cla...
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Background: Type of Service (TOS) is an indicator that the contractor places on the Form CMS-1500 paper form or electronic format. The indic...
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Medicare denial code and Descripiton 1 Deductible Amount 2 Coinsurance Amount 3 Co-payment Amount 4 The procedure code is inconsistent ...
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Denial code co - 45 - Charges exceed your contracted/legislated fee arrangement. Note: This adjustment amount cannot equal the total servic...
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