asked 79.7k views
4 votes
When a provider signs a contract to be a participating provider with an insurance payer they are agreeing to:

asked
User Rego
by
7.4k points

1 Answer

4 votes

Answer:

Accept the fee schedules set by the insurance company.

Step-by-step explanation:

A participating provider is defines as one who has entered into a written agreement with an insurance company to provide a given range of Medicare Part B services on an assigned basis.

Usually various fees are scheduled for each of the services provided.

The discount on services in this instance is not much and they are always obligated to provide service.

On the other hand preferred provider is one who provides services at a discount.

answered
User Sean Gillespie
by
7.8k points
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