Define the terms self-pay, patient balance, and out-of-pocket.

At the conclusion of this course you will be able to:
*Define the terms self-pay, patient balance, and out-of-pocket.
*Define copay and cite methods of determining a copay amount.
*Define deductible.
*Define coinsurance.
*Identify location and provider specific deductibles and coinsurance examples.
*Recognize non-covered services.
*Identify account information used to determine a patient balance.
*Recognize a patient balance.
*Identify the account balance distribution method, how payer buckets are filled, within a computer system.
*Identify account note information and why it is important.
*Identify transaction postings and why they are important.