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Physician

Medicare Physician Guide - National Association of Clinical Nurse ...

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Coinsurance<br />

Under the Original Medicare Plan or a Private Fee-for-Service Plan, a percentage of<br />

covered charges that the Medicare beneficiary may pay after he or she has met the<br />

applicable deductible.<br />

Coordination of Benefits<br />

The process that determines the respective responsibilities of two or more payers that<br />

have some financial responsibility for a medical claim.<br />

Copayment<br />

In some Medicare health plans, the amount that is paid by the beneficiary for each<br />

medical service.<br />

Cost Report<br />

Report required from providers on an annual basis in order to make a proper<br />

determination of amounts payable under the Medicare Program.<br />

Covered Service<br />

A reasonable and necessary service furnished to Medicare or Medicaid beneficiaries<br />

and reimbursable to the provider, supplier, or beneficiary.<br />

D<br />

Deductible<br />

Amount a beneficiary must pay before Medicare begins to pay for covered services and<br />

supplies.<br />

Durable Medical Equipment<br />

Medical equipment ordered by a physician or, if Medicare allows, a nurse practitioner,<br />

physician assistant or clinical nurse specialist for use in the home. The item must be<br />

reusable (e.g., walkers, wheelchairs, or hospital beds).<br />

Durable Medical Equipment Medicare Administrative Contractor<br />

A private company that contracts with Medicare to pay bills for durable medical<br />

equipment.<br />

F<br />

Fiscal Intermediary<br />

Centers for Medicare & Medicaid Services Contractor that processes claims for services<br />

covered under Medicare Part A and most types of claims for services covered under<br />

Medicare Part B (see Medicare Administrative Contractor).<br />

Medicare <strong>Physician</strong> Guide: A Resource for Residents, Practicing <strong>Physician</strong>s and Other Health Care Professionals 80

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