The difference between the billed amount and the allowed amount for services from a participating provider is:
A) billed to the insurance carrier.
B) billed to the patient.
C) written off by the provider.
D) written off by the insurance carrier.

Question

Quizplus · Accepted Answer

The difference between the billed amount and the allowed amount for services is referred to as a "provider write-off." This means that the participating provider agrees to accept the allowed amount as payment in full and does not bill the patient for the difference.

The Difference Between the Billed Amount and the Allowed Amount