Accepting Assignment definition
Accepting Assignment means billing the insurance company directly and waiting for the insurance company to pay us directly. We reserve the right to decide which insurance company we will accept assignment for.
Examples of Accepting Assignment in a sentence
This payment is called the "Allowable Price." When a supplier like FMC agrees to accept the Allowable Price, the supplier is "Accepting Assignment", which means we must submit your claim to Medicare, Medi-Cal, or your Private Insurance directly on your behalf.