Creating a dental insurance verification system at your office is essential for your practice to run smoothly. Beyond keeping the records of the patients updated and maintaining a healthy relationship with your patients, it keeps your revenue cycle flowing as insurance companies are likely to pay on time for the claims with correct and updated patient information. This article will talk about how you can implement a dental insurance verification system at your office.
Importance of Dental Insurance Verification
Dental insurance verification is equally important for you and your patients. As soon as you verify their insurance coverage details, you would know if they are eligible for the required dental service or not. You can make them aware of the benefits they are likely to get and how much they owe you after their insurance plan pays. This way, you can provide the necessary treatment to your patients as per their plan and requirement. It will also help you to learn whether your patients are liable to pay any first-time visiting cost such as the deductible among other charges if any.
How to Implement a Dental Insurance Verification System at your office?
There are various ways to verify dental insurance, including automated services, in-house dental insurance verification form, outsourcing insurance verification services, and fax. You can also confirm with your patient in case of any change in their information.
The simplest way to place a dental insurance verification system is to ask your front office executive to collect all the required information from your patients first. It’s never a good idea to verify eligibility once the patient has left the office. When claims with correct information are submitted, it will improve your overall claim submission and reimbursement rate as claim denials will be less. Ask your in-house teams to make this process a regular practice.
Let’s discuss some other ways to implement a dental insurance verification system at your office:
Fax is also a way to get the required information to verify the insurance coverage details of your patients. Although it does provide you documentation, you may not receive all the information, including past treatment history, claims, and other information. This is why it is a less preferable mode of communication for insurance verification.
Dental Insurance Verification is crucial to prevent payment denial and inform your patients about their dental coverage. Implementing any of the above Insurance Verification systems makes dental insurance verification simple and smooth and can save you precious time.