Lucy, a 22-year-old, just entered the workforce and must choose a health care plan offered through her new company. She says she is daunted not only by the variety of managed care plan options, but by all the acronyms associated with those options. She asks you what the main differences are among IPAs, PPOs, and POSs.

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Answer:

Explanation:

The question is all about the insurance handbook for medical office

A multiple EOB/RA comes back to a large group practice filled with details of the status of claims including a voucher (check), suspended claims, denials, and rejections for various patients and physicians. What are some steps the medical office administrator can take to record the completed transactions and address any outstanding problems? Describe the accounts receivable administrative functions in general- what kinds of procedures need to be incorporated into the practice's business methods and manuals? Lucy, a 22-year-old, just entered the workforce and must choose a health care plan offered through her new company. She says she is daunted not only by the variety of managed care plan options, but by all the acronyms associated with those options. She asks you what the main differences are among IPAS, PPOs, and POSS. What are some of the pros and cons for a physician becoming a participating physician (par) in Medicare?

The main difference between IPAs, PPOs, and POSs are as follows:

  • The IPA is a type of healthcare service that provides independent physicians on the basis of a contract under a specific insurance plan.
  • The PPOs and POSs are different from one another on the basis of the flexibility they offer to patients.

What are the elaborated forms of IPAs, PPOs, and POSs?

IPA stands for Independent Practice Associations.

PPO stands for Preferred Provider Organizations.

POS stands for Point of Service plan.

A PPO offers a lot of flexibility to meet with the doctors you want with respect to disease at a higher cost, while a POS does not provide this facility of selection. It provides fewer choices with lower costs.

Therefore, it is well described above.

To learn more about PPOs, refer to the link:

https://brainly.com/question/24107461

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