How to Understand the Allowed Amount on Mental Health EOBs


This short article will explain what the allowed amount, or contracted rate, means on your mental health EOBs. Like every industry, the insurance claims industry has developed a fair number of new terms and its own jargon.  Allowed amount, contracted rate, disallowed amount, deductible, coinsurance, par and non participating providers, PPOs and HMOs and Open Access. […]

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