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Common Billing & Insurance Terms
Below are frequently used Insurance Terms that may help you understand your insurance benefits as well as your account.
Ancillary Services
Assignment of Benefits
Authorization
Bundling
Claim
Co-Insurance
Co-Payment
Code
Contracted Provider
Coordination of Benefits
Deductible
Exclusions
Explanation of Benefits (EOB)
Guarantor
Medical Necessity
Out of Pocket Expense
Participating Provider
Policyholder
PPO
Subscriber
Usual and Customary
