30.The physician bills for a procedure in the amount of $100.00. Medicare allows $80.00 and the patient is responsible for 20% of the allowable. How much is paid to the physician by Medicare?
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80 dolars are paid to physician by Medicare
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Given: The physician bills for a procedure in the amount of $100.00. Medicare allows $80.00 and the patient is responsible for 20% of the allowable.
To find: We have to find out the amount paid to the physician by Medicare.
Solution:
The physician bills for a procedure in the amount of $100.00.
Medicare allows $80.00 and the patient is responsible for 20% of the allowable.
The patient gives 20% of $80.
So, the patient give $16.
The Medicare will give (80-16)=$64 to the physician.
$16 is paid to the physician by Medicare.
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