Examples of Amount Generally Billed in a sentence
The "Amount Generally Billed" or "AGB" is the amount the Hospital generally bills to insured patients.
Once eligibility is determined, eligible patients will not be charged more than the Amount Generally Billed (AGB) to insurance per IRS regulations.
For the purpose of this policy, the certain terms are defined as follows: Amount Generally Billed (“AGB”): The amounts generally billed for emergency or other medically necessary care to individuals who have insurance covering such care.
Any patient eligible for financial assistance will be billed no more than an amount determined by multiplying the gross charges for all emergency medical care and medically necessary services provided to such individual by the Amount Generally Billed (AGB) percentage.
Amount Generally Billed or AGB: The amount generally billed is the expected payment from patients, or a patient’s guarantor, eligible for financial assistance prior to the application of any additional discount granted under this policy.
Amount Generally Billed Percentage (“AGB%”): The AGB divided by the gross patient charges for all claims over a twelve (12) month look-back period that were paid by Medicare and commercial health care insurers.
For Medically Necessary Services that are not covered by insurance, Insured Illinois Residents with Household Income of more than 250% and less than or equal to 600% of the then current Federal Poverty Guideline applicable to the Applicant’s Family Size shall be eligible for a discount equal or greater than the Amount Generally Billed Discount.
FL Health has elected to use Medicare Parts A and B allowed payments (including coinsurance, copayments and deductibles) as the Amount Generally Billed.
AHCA: Florida Agency for Health Care Administration Amount Generally Billed (“AGB”): The average amount of all claims allowed by traditional Medicare and commercial health care insurers over a twelve (12) month look-back period for Medically Necessary Care.
Amount Generally Billed Percentage: The sum of all reimbursement amounts from Medicare and private health insurers over the last twelve months divided by the sum of the gross charges.