Waiver of Liability in Medical Billing
A waiver of liability is a form that a patient signs to acknowledge that they will be responsible for paying for medical services that are not covered by their insurance.
Waiver of Liability in Medical Billing Explained
In medical billing, providers use a waiver of liability to inform patients that a service is not covered by insurance and that the patient agrees to pay out-of-pocket. This protects the provider from non-payment when coverage is denied.
For example, a patient signs a waiver of liability before undergoing an elective procedure not covered by their health plan.
Check acronyms and abbreviations in Medical billing glossary.
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