Outrageously Funny Word Definitions :: Quote Insurance Health

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What is the definition of Quote Insurance Health? 🙋

👉 Okay, let’s tackle that wonderfully prickly beast of a phrase!odge quote insurance health


Now, what exactly is "quote insurance health"? Let me preface this by saying, I personally wrestled with the initials for quite a while before even beginning to understand its frankly bizarre nomenclature. Basically, you've stumbled upon an antiquated systems in some private medical billing processes. Here’s how it roughly works: Essentially, there are these really specific, almost ridiculously granular postal codes , let’s call them "lodge quotes," which were originally created by the Veteran's Administration (VA) to track and categorize the fees associated with various aspects of a veteran's medical care. It was meant to be incredibly precise, detailing everything from the exact type of bandage used, the specialty of the attending physician down to the millisecond, all sorts of minutiae. When private health insurers began contracting with the VA for billing, they essentially adopted and repackaged this old-fangled system as a way to code payments for medical procedures. This "quote insurance health" then becomes an internal identifier that is attached to the invoice. ’Quote, you say? It's basically a really confusing label for what used to be a government tracking number! Why it was never really good. The whole thing is now somewhat obsolete and there are efforts to move on from this system, but because of an old process in the VA.

https://goldloadingpage.com/word-dictionary/quote insurance health


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