What percentage of each claim would be an appropriate charge for a medical insurance biller?
I have an opportunity to work from home billing optical insurances for an optometrist. What percentage of the claims do I charge the doctor for billing? I know that you generally charge a flat rate and then a percentage on top of that if the claims exceed a certain amount. I’m not really interested in doing that and would rather just a flat percentage. Does anyone know what is fair and standard in this profession? Thank you!
Tags: appropriate, biller, charge, Claim, Each, Insurance, Medical, Percentage, Would
Charges should be based on the number of billing transactions not on a percentage of the claim. Why should you be paid more because one billing was $250 and another billing was $750. Is billing the $750 claim 3 times more time consuming? I doubt it.
If you are working at home as a medical biller, you can charge between 6-14% of what you bring in depending on the services you offer. Straight billing, no coding, about 6%.