Occupational Therapy Financial Policy & Payment Agreement

Patient Financial Responsibility and Insurance Information

Occupational Therapy

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Last updated: Mar 24, 2025

Patient Information

Name: ___________________________ Date of Birth: _______________ Responsible Party (if minor): ____________________________________

Financial Agreement

1. Insurance Coverage

  • I understand that I am responsible for knowing my insurance benefits and coverage
  • I agree to provide current and accurate insurance information
  • I understand that verification of benefits is not a guarantee of payment
  • I acknowledge that some services may not be covered by my insurance plan

2. Payment Responsibility

  • I understand that I am responsible for all charges not covered by insurance
  • Copayments are due at the time of service
  • Deductibles and coinsurance amounts will be billed after insurance processing
  • Self-pay rates are available for patients without insurance coverage

3. Cancellation Policy

  • 24-hour notice is required for appointment cancellations
  • A fee of $_____ will be charged for late cancellations or no-shows
  • Repeated cancellations may result in discharge from therapy services

4. Payment Methods

  • We accept cash, personal checks, and major credit cards
  • Payment plans are available upon request and approval
  • Returned checks will incur a $_____ service fee

5. Outstanding Balances

  • Accounts over 90 days past due may be referred to collections
  • Additional fees may apply to accounts sent to collections
  • Treatment may be suspended until payment arrangements are made

Authorization

I have read and understand the financial policy above. I agree to comply with these terms and accept financial responsibility for services rendered.

Signature: _________________________ Date: ________________

Print Name: ________________________ Relationship to Patient: ________________

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