Healthcare
Insurance Claim Rejection (Partial Write-off)
Adjusting a medical receivable when an insurance company refuses to pay the full billed amount.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Contractual Adjustments (Revenue) | Contra-Revenue (+) | 300.00 | - |
| Receivable: Insurance Company | Asset (-) | - | 300.00 |
💡 Accountant's Note
In healthcare, 'Gross Charges' are rarely paid in full. The difference between what you bill and what the insurer pays is a 'Contractual Adjustment' (not bad debt).
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