Amount Generally Billed (AGB) Calculation
Lee Health uses the “look-back” method to calculate the 'amount generally billed’ (AGB) as required by federal law. The AGB is the maximum amount we will collect from a patient who is eligible for financial assistance under our Financial Assistance policy. The AGB percentage is based on all claims allowed by Medicare and private health insurers over a 12-month period, divided by the associated gross charges for those claims.
For the period OCT 1 2021 TO SEPT 30, 2022, Lee Health billed $9,474,522,268 in gross charges to Medicare, Medicaid and to private health insurers, of which $2,093,176,102 in claims were allowed. This makes the AGB 22.09%.
Calculation: $2,093,176,102 divided by $9,474,522,268 equals 22.09%
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