You Do Not Post A Diagnostic Code When Submitting A Life Insurance Form

The ophthalmic surgeon must be listed as the referring physician.

You do not post a diagnostic code when submitting a life insurance form. Enter up to 12 diagnosis codes. If you are reporting the surrender of a life insurance contract see code 7 later. If a doctor s or nurse s notes do not convey the most correct and complete medical information the insurance company may question whether the treatment was medically necessary. In block 27 on that form there is a 2 character code that represents your current coverage and a definition of the code.

Use the highest level of specificity. Obviously you ll need at least one diagnosis code for the claim to process correctly but if that one code provides all the information necessary to describe the patient s condition as fully and specifically as possible then it s 100 acceptable to submit that code and that code only. The 5010 and cms 1500 forms were modified to support up to 12 diagnosis codes per claim while maintaining the limit to four diagnosis code pointers in an effort to reduce paper and electronic claims from splitting. The diagnostic code you use needs to be identical to that used by the surgeon.

However you do not need to file form 1099 r to report the surrender of a life insurance contract if it is reasonable to believe that none of the payment is includible in the income of the recipient. True you do not use a diagnostic code when posting an administrative fee for filling out a life insurance form. Finally make sure the primary insurance is listed as such in the case of multiple insurances. You can look up the sf50 codes and what they mean.

Do not insert a period in the icd 10 cm code. This change was never intended to increase the number of diagnosis codes per line item. It s also a good idea to check whether or not the claim requires a group number the patient s relationship to the insured is accurate and the diagnosis code matches the procedure performed. Note that this information appears opposite lines with letters a l.

In submitting the claim remember a few key rules. Do not provide narrative description in this field. You should bill for all of the days following the transfer of care but you cannot submit the claim until youve evaluated the patient at least once. Correlate lines a l to the lines of service in 24e by the letter of the line.

You can then use the fegli calculator to determine the current value of your fegli by inputting your current age salary and type s of fegli coverage.