|Advance Beneficiary Notice (ABN)
||Acknowledgment of financial responsibility by a patient for services not covered or unauthorized.
||Also referred to as outpatient services.
||Medical studies or services used directly to support the patient’s needs, such as diagnostic radiology, radiation therapy, clinical laboratory or other special services.
||The maximum amount that an insurance company will pay toward an insured’s claim in one year. The insurance company may divide claims into categories to establish annual maximum amounts.
||Any owned physical object (tangible) or right (intangible) having economic value to its owner.
|Assignment of Benefits (AOB)
||An agreement in which the patient signs a statement instructing his or her insurance company to pay the health care provider directly for services rendered.