What information is included on the ABN form regarding costs?

The Advance Beneficiary Notice of Noncoverage (ABN) form is designed to inform Medicare beneficiaries about services that may not be covered by Medicare. The inclusion of an estimate of how much the service will cost the beneficiary if Medicare does not pay is essential. This serves to prepare the beneficiary for potential out-of-pocket expenses, ensuring they understand the financial implications of receiving the service in question.

By providing this cost estimate, the ABN empowers beneficiaries to make informed decisions regarding their healthcare. They can weigh the benefits of proceeding with a service against the anticipated costs if Medicare denies coverage. The clarity offered by this information can significantly influence a beneficiary's choice and is a critical component of the ABN's purpose.