I've searched the forums and even called Medicare with this question. I can't seem to get an understandable answer. I don't have a problem, I'm just wanting to try to understand the nomenclator.
On any and all Medicare website claim details, they show a "Total Amount Charged" which is almost always sky-high, then a "Medicare Approved" amount. Below that is what "Medicare Paid Provider", and finally the "Total Amount You May be Billed" (I have a Medigap Plan G policy that covers this once my Part B deductible is met).
So, logically, I would think that the amount Medicare paid plus what I owe would equal the "Medicare Approved" amount. Nope. Nobody comes after the missing amount, but I'm confused.
What am I missing in understanding this? Thanks for any replies!
On any and all Medicare website claim details, they show a "Total Amount Charged" which is almost always sky-high, then a "Medicare Approved" amount. Below that is what "Medicare Paid Provider", and finally the "Total Amount You May be Billed" (I have a Medigap Plan G policy that covers this once my Part B deductible is met).
So, logically, I would think that the amount Medicare paid plus what I owe would equal the "Medicare Approved" amount. Nope. Nobody comes after the missing amount, but I'm confused.
What am I missing in understanding this? Thanks for any replies!