Cost sharing in health insurance refers to the portion of healthcare costs that policyholders are responsible for paying out of their own pockets. It is a way to distribute the financial burden of healthcare expenses between the insurance company and the insured individual. Cost sharing typically includes various types of payments, such as deductibles, copayments, […]
Articles Tagged: Healthcare
What is Account receivable in Healthcare?
In healthcare, accounts receivable (AR) refers to the outstanding payments owed to a healthcare organization by patients, insurance companies, or other third-party payers for services rendered. It represents the total amount of money that the organization is entitled to receive for the healthcare services provided but has not yet been collected. Here are some key […]