Dr.Chad is a participating provider in Medicare.Does this mean Dr.Chad will accept assignment and what percent of the allowed amount?

Question

Quizplus · Accepted Answer

If Dr. Chad is a participating provider in Medicare, it means he has agreed to accept assignment for all services covered by Medicare. This means he will accept 100% of the allowed amount for covered services. Option A is incorrect because the 80% figure refers to the percentage of the Medicare-approved amount that the patient is responsible for paying after the deductible has been met. Option C is also incorrect because if Dr. Chad is a participating provider, he cannot refuse assignment.

DrChad Is a Participating Provider in Medicare