Question

when the policyholder authorizes insurance payments to be sent directly to the physician, this is known as _______

insurance verification
assignment of benefits
coordination of benefits
release of information

Explanation:

Define the core concept

Using the Assignment of Benefits knowledge point
An assignment of benefits is an agreement where a policyholder authorizes their insurance company to pay the healthcare provider directly.

Analyze the incorrect options

Using the Insurance Verification, Coordination of Benefits, and Medical Information Release Authority knowledge points

• Insurance verification is the process of confirming a patient's active coverage and benefits before services are rendered.
• Coordination of benefits determines which insurance plan is primary when a patient is covered by multiple policies.
• Release of information is a signed authorization allowing healthcare providers to share medical records with third parties.

Answer:

• insurance verification
• assignment of benefits (Correct answer)
• coordination of benefits
• release of information