Sabeena Posted Thu 18th of March, 2010 15:43:19 PM
I recv'd an EOB from BCBS and we were paid for A8ME3 IN TERST for $1.96. Has anyone seen this before and what does it mean? Thank you!
SuperCoder Answered Fri 19th of March, 2010 08:22:41 AM
I have never seen this before, but I can suggest that from the EOB check the patients name and DOS, see the procedure or service performed during this date. I think you might get some clue or answer, for this $1.96. If yes then do reply.
Sonja Answered Fri 19th of March, 2010 16:09:40 PM
I beleive it is an interest payment because BC did not process the clean claim w/i the allowed time by law.
Melanie Answered Tue 23rd of March, 2010 13:45:17 PM
Agreed with Sonja - they will issue an interest payment on top of the regular payment towards the claim if they do not process the claim (provided the first submission is a clean claim) within their claim-processing time frame.