ICFE eNEWS #10-09 - February 22nd 2010
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ICFE Announces New Course for 2010
Medical Billing Advocacy Home Study Course.
Accepted for 15 CEs by the AFCPE, CFP Board, PACE

ICFE Announces New Course for 2010
Medical Billing Advocacy Home Study Course.
Accepted for 15 CEs by the AFCPE, CFP Board, PACE

San Diego, CA - Medical Billing Advocates of America (MBAA) and the ICFE have come together to make available a valuable new tool for counselors and advocates in view of the pending reform of America's healthcare system. It is the MBAA's widely recognized program: Medical Billing Advocacy Home Study Course (MBAHSC) which has been accepted for 15 Continuing Education credits by the AFCPE, the CFP Board of Standards and Practices, the American College PACE program and the IARFC among many other professional organizations.

Health care and health insurance reform have been at the forefront of the news and political discourse during much of 2009 and will continue to be in 2010. Several legislative proposals have been made to accomplish this reform. One thing is certain medical and health care costs will continue to rise, insurance premiums will increase and so will errors in medical coding and billing.

Specialists who understand medical billing and coding will be on the front lines as the main advocates for consumers, both insured and the uninsured. Many will require costly medical care and subsequently they may also need help with understanding their costs, and more importantly, if those costs are accurate.

Every year in America, hundreds of thousands and perhaps millions of dollars in medical billing errors now go undetected. In fact, even more would be wasted if not for professional advocates who are trained members of Medical Billing Advocates of America (MBAA). In medical bills that MBAA founder and chief advocate, Pat Palmer, checked for her first 22 clients, she discovered errors on 20.

This MBAA program is now available to all ICFE CCRR®, CITRMS® and CHECMS™ certificants and other professionals, including but not limited to, financial and insurance planners, health care, health insurance, aging in place, credit, and debt counselors, consumer advocates and educators.

MBAA's introductory MBAHSC, for individuals includes how to: 1) build a client base of individual consumers and the doctors who want to collect funds from insurance companies on behalf of patients. 2) Secure information and billing details from providers and hospitals. 3) Analyze provider codes and spot errors on bills and insurance statements. 4) Successfully recover money for the errors and overcharges you find (and collect a fee).

Enrollees receive a comprehensive operating manual containing nearly 350 pages with ten sections. There are step-by-step guidelines, plus sample forms, exercises, and much more. The manual was written by trained seminar leaders and designed to take new advocates step by step through the research and recovery process.

A 100 question examination follows the course of study and a score of 85% is required for those seeking the 15 continuing education credits.

Information about the new Medical Billing Advocacy Home Study Courses is available online.

 

About the ICFE:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.icfe.info and studentdebthelp.org.  Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

 
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