Insurance
Medical Claim — Hospital Direct Billing
Recording a hospital invoice under a direct billing arrangement when an insured is admitted.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Claims Expense — Medical (Direct Billing) | Expense (+) | 4,500.00 | - |
| Accounts Payable (Network Hospital) | Liability (+) | - | 4,500.00 |
💡 Accountant's Note
Direct billing networks allow insured patients to receive treatment without upfront payment. The hospital bills the insurer directly. Claims are expensed when the service is rendered, based on pre-authorization approvals.
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