What is a reimbursement summary?
A reimbursement summary is a document that outlines the payments made by a health insurance provider on behalf of a patient for a given period of time. In Virginia, health insurance providers have the responsibility to inform their policy holders of the payments that have been made on their behalf. This document is then used to inform the policy holder of the types of services covered by their insurance. Depending on the type of policy, the reimbursement summary will include details regarding the doctor’s office visit fees, laboratory fees, and any other associated costs. Additionally, it outlines the payments that have been made to each healthcare provider and the amount of the payments. This document is important for patients to understand what their health insurance plan says and what level of coverage they have. In Virginia, it is a law that patients must receive a reimbursement summary upon request so that they can better understand their coverage and the charges that will be applied to their policy. By understanding the services and costs that are covered, patients can be sure that they are receiving the best healthcare they can.
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