Question

The process whereby the patient allows the payer to directly reimburse the provider is called:______

Answer 1

The process whereby the patient allows the payer to directly reimburse the provider is called Assignment of Benefits (AOB). In this arrangement, the patient authorizes the healthcare provider to receive payment directly from the insurance company.

Step-by-step explanation:

The process whereby the patient allows the payer to directly reimburse the provider is called Assignment of Benefits (AOB). In an AOB arrangement, the patient signs an authorization allowing the healthcare provider to receive payment directly from the insurance company. This is commonly seen in fee-for-service health financing systems where the provider receives reimbursement based on the cost of services provided.