How Do I Retract an Assigned Insurance Payment from a Bulk Cheque?
Summary:
Assigned Insurance payment retractions occur when an insurance carrier takes back, or retracts, all or part of a payment that they previously made.
Steps:
1. Open the patient’s record and click the Financial tab.
2. Right‐click on the insurance payment you are retracting and choose Insurance Payment Retraction, or press E on your keyboard.
The Insurance Payment Retraction dialog appears.
3. In the Amount Retracted field, type the amount retracted by the Insurer.
4. In the Amount to Resubmit field, accept the amount shown, or type a new amount to be resubmitted.
5. In the Amount to Writeoff field, type the amount to be written off, if necessary.
6. In the Attached Note field, accept the note shown (date of bulk cheque) or type a different note.
7. Click OK.
The Bulk Payment dialog appears.
8. Click Yes to include this payment in the bulk batch. The bulk cheque amount will increase by the retracted amount.
9. Repeat the above steps until all retractions are posted.
10. Post the remaining payments included in the cheque until it is closed.
Product (s): ABELDent
Category: Insurance
Classification: Public
Date Created:
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