rileymorrison3227 rileymorrison3227
  • 02-09-2020
  • Business
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What is the arrangement between two carriers as to who pays what on a medical bill in order to avoid payment duplication called

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Baraq
Baraq Baraq
  • 03-09-2020

Answer:

coordination of payments

Explanation:

Coordination of payments is a term often used in the insurance-related operation, which describes a situation whereby two insurance companies or carriers work together to make actual payment of what is on a medical bill. The purpose of this coordination is to ensure that there is no double payment or payment duplication is avoided.

Hence, the correct answer in this situation is termed as Coordination of payments

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