Article Manager posted on August 28, 2010 20:44
As a medical transcriptionist you'll come to think of insurance companies as your friend. If you're smart and have some perspective.
On the one hand, they're hard to work for. They are sticklers for details and expect a high quality medical document. On the other hand, they don't pay invoices if they don't get the quality medical documents they are seeking. That means medical transcriptionists - you - rely on insurance companies for job security.
How does that work exactly?
First off, you'll be working for doctors, physicians offices and hospitals. A large number of their payments come from insurance companies, HMOs, Medicaid and Medicare - you get the drift.
Patients check in and one of the first questions asked is, "Do you have insurance." If so, the paperwork starts. Insurance companies need to see an accurate dictation report or they won't pay the invoice sent to them by the doctor, physicians office or hospital. That dictation report is your ticket to job security. If you complete it on time and with the minimum number of errors allowed then your employer will get paid. Subsequently, you'll get paid. Job security.
As a medical transcriptionist, you should be friendly to insurance companies. They keep you employed.