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Insurance Tracking Tool - Research Paper Example

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Summary
This research paper "Insurance Tracking Tool" discusses the medicare insurance form. The paper would help to know about the updating process of the Medicare form as well as its billing process. This developed tool has the potential to be implemented at a health care organization…
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Insurance Tracking Tool
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Medicare insurance is a governmental program offered to the elderly of the United States population, which has essential and inherent problems as the needs of the aged population grow. “Medicare is a centralized health insurance program that compensates for hospital and medical care for elderly and disabled US citizens” (Getting Started, n.d.). Many health organizations and common companies are using Medicare services and, therefore, companies use Medicare insurance for their employee’s health security. These organizations would need to get updates and new information from the insurance company. So a permanent relation between both the parties is necessary. To get updates from the insurance company, the employees should maintain permanent contacts with the company.

Body:

The situation, in this case, is that the billing assistant is sick and the manager has asked me to fill in. I decided to quickly review the office protocol for Medicare insurance billing. I noticed that a new form is now required and that the office is not currently following it. I brought this problem to the office manager’s attention. He asked me to update the office’s Medicare form. Therefore, I needed to study more about Medicare insurance and how to update the form. The office already possessed Medicare forms but they were not updated. For updating the form, the company should have permanent contact with the Medicare Company. Direct, online, as well as contacts through phones and letters, would also help to get the new updates from the company. “Make an appointment, if necessary, to sign in the presence of the notary/witness” (How to Update Beneficiaries on an Insurance Policy, 1999). There would be somebody who is responsible for the insurance billing and that person should collect the updates from the insurance company and report them. Since I am responsible for doing this work now, I would contact the Medicare insurance company to make sure about the updates of forms or policies. The employees in my company also need updates regarding the insurance form, therefore, they also need to have permanent contacts with the insurance company. It could be in various forms, but for other employees, the contacts could be through online methods such as going through the website of the insurance company. To update the forms or details, we could directly go to the Medicare office, because this form is not required as it is direct contact. “Online Services provide an extra way for you to view, update and request some of your information held by Medicare” (Online Services, n.d.). After the updating has been done the old Medicare would get canceled. It is a good idea that the employees use the online services provided by the company as it would help them to request and view some of their information held by the Medicare Company. The employees should often check the website of the insurance company so that they would know about any updates or new information. The updating is very important because even small errors in insurance form or policy cold create many serious problems for both the clients as well as the company. “Medical billing errors could create significant cost for patients” (Medical Billing Errors Could Create Significant Cost for Patients, 2010). The person who is responsible for the insurance form updates should be alert and concentrate more on work. If that person finds any errors, he or she could contact the authorities for clearing the doubts or mistakes. This tool has the potential to be implemented at a health care organization. It would help the health care organization to update the insurance forms and avoid mistakes and errors. Medicare policy may not be for the employees of the company, but they need to know the updates because they may be the employees of a health organization.

Conclusion:

This research paper proves that the updating process is very important. The Medicare insurance form should get updated. So the company or health organization could implement this tool. Various methods could be used for updating the Medicare forms. The employees in the organization should keep in touch with the insurance company so that they can get all the updates. This created tool can be implemented in a health organization.



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