Institute: ONC | Component: 1 | Unit: 4 | Lecture: d | Slide: 27
Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 1
Lecture:Payors in the U.S. Health Care System
Slide content:Financing Health Care, Part 1 Summary 1 Lecture d Insurance works by spreading financial risk Insurers pay providers based upon Diagnosis and procedure codes Contracted rates 27
Slide notes:This concludes Lecture d of Financing Health Care, Part 1. In summary: Insurance works by spreading financial risk. Insurers pay providers based upon the diagnosis code, procedure code, or the service provided, and contractual agreements for fees. 27