LOP in Medical Billing
LOP stands for Letter of Protection, a document used in personal injury cases to guarantee that a healthcare provider will be paid from a patient’s settlement or judgment.
LOP in Medical Billing Explained
In medical billing, an LOP allows patients to receive medical treatment before their legal case is resolved. The provider agrees to wait for payment until the case is settled, with the LOP ensuring that the provider is paid from the settlement.
For example, a patient injured in a car accident provides an LOP to a surgeon, ensuring the surgeon will be paid after the case is settled.
Check acronyms and abbreviations in Medical billing glossary.
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