I will be able to apply the knowledge I gained in the Medical Billing and Coding program in my billing and collections work as an Insurance Agent. I discovered the advantages and disadvantages of a computerized billing system and the account receivable processes, the account aging and it purposes.
I understand that there must be a working knowledge of insurance regulations. Especially for contracts with Physicians who participate in HMOs and Federal programs. I now have an appreciation for how accurate the actual billing process, referrals, deductibles, co-payments have to be prepared.
This program opened my eyes on how various collection problems must be handled and managed by understanding the Federal and State regulations that are behind it. As well as, the importance of the registration process, billing and collection practices in the outpatient settings.