Eligibility Verification Checklist: Fill & Download for Free

Patient insurance eligibility is the process of confirming that a patient is covered under a insurance plan. If insurance details and demographic details are not properly checked or matched, it can disrupt the cash flow of your practice by delaying or affecting reimbursement. This is the most important step in medical process. So here are the few steps to check patient insurance eligibility.· Insurance Verification Checklist· Get a Copy of the Patient's Insurance Card· Contact the Insurance Provider· Record Accurate Information· Follow Up With Patient as NeededIn short, insurance eligibility verification minimizes the chances of denial of your claims. pVerify is a software which is used to check patient insurance eligibility. This online based tool decreases the insurance denials and increases the outcomes. After all, a lower number of denials means a greater number of clean claims, which means improved collections, and higher cash inflow

Buying your dream home is not just an exciting prospect; it is also a fairly extensive project that requires you to do your homework in order to get yourself a good deal out there. Let’s break down the process and understand the steps that will simplify it to help you make the best decision.What you need to do:Prior to loan application, here’s your checklist of things to do -Narrow down the property you would want to purchase, and know the purchase price (including registration and stamp duty charges). In case of a resale property, check documentation, especially title documentation. Once you and the seller have agreed on a price, you can kick start the application process.Know that you can also apply for a loan sanction letter, even if you have not finalised any property at the time of application. Each sanction letter carries a validity period (that may differ from lender to lender), so make sure you keep track of the same.Identify the home loan provider you would wish to apply to. This can be done online, by evaluating various banks, housing finance companies and NBFCs.It is prudent to start putting together the documentation, basis the checklist provided on the lender’s website. Sometimes, this can be a time-consuming process, owing to the nature of documentation (especially if a resale property). Standard documentation includes personal documentation such as the applicant’s identity and address proof, income documents (whether salaried or self-employed, this is mandatory for a lender to gauge your repayment capacity), age proof, bank statements and property documentation (if you have finalised the property).The home loan process:Step 1 - Application form submission: Make your application, either personally at a branch or online. If online, allow for a representative to get in touch with you, to take the process further.Step 2 - Payment of processing fees: Typically between 0.25 percent and 0.50 percent of the loan amount, these need to be paid at the time of loan application. Some lenders do reduce the fee amount or even waive it entirely, so do check with your lender prior to paying up.Step 3 - Field verification: Lenders verify the borrower’s personal information, including conducting a residence and employment check.Step 4 - Personal discussion: Application scrutiny and verification is the next step, which includes a personal discussion or PD, wherein the lender will evaluate your application and ascertain your repayment capacity.Step 5 - Credit appraisal: At the lender’s end, there comes the loan underwriting process, which will determine the exact terms and conditions of your loan, including the loan amount being sanctioned, the rate of interest etc.Step 6 - Offer letter issuance: The lender will now issue you an offer letter, which mentions the following details –Amount sanctionedRate of interestLoan tenureOther terms and conditionsStep 7 - Legal and Valuation check: An important stage in the process is that of property valuation and verification, which requires you as the borrower to submit original documentation such as title search documents, no objection certificate etc. for the lender to verify. Legal checks on the property are also undertaken.Step 8 - Document registration: This involves registering the documents post the legal and valuation check.Step 9 - Signing of loan agreements and submission of post-dated cheques: The loan agreement is to be signed, and post-dated cheques are required to be submitted as per the loan agreements.Step 10 - Loan disbursement: Finally, upon completion of all documentation and related formalities, the loan is disbursed, as per the conditions mentioned in the loan agreement either upfront or in tranches (for an under construction property), as per requirement.Watch out for:It is entirely possible that your application is rejected at the first instance, which can be due to non-fulfilment of eligibility criteria or on account of incomplete documentation. Make sure your application is complete and accurate in all respects.With most lenders, processing fees are non-refundable, so ensure you do check prior to application.The loan amount sanctioned being lower than the one you had applied for.Make sure you know the interest rate that you are signing up at, and whether it is fixed or floating.

This depends on your application type such as PNP or FSWFor FSW ( federal skilled worker) basically the ones who have got ITA based on CRS score cutoff are subjected to provide the checklist of documents as mentioned in your express entry profile and pay 1040CAD fees for application processing.After this you need to wait for below stagesNote that for FSW and PNP the stages are same but timelines are different PNP on average takes 6 months for PPR whereas FSW can expect it in 2–3 monthsAfter ITA submission different stages:The files which follow the CIO-LVO route go through following stages-1) Medicals are passed at CIO, this happened around 20-30 days post AOR for June/July applicants. This is mostly the day the file is opened for the first time.2) Around the 1-2 day your medicals are cleared, your IP1 starts. On this day, a program assistant checks your file for preliminary R10 (documents completeness check) and criminality and forwards it to a senior Agent for final check. The program assistant writes his comments on the file, if all seems fine he will mention "recommended: pass", if there is some doubt he will mention "review required". After this AGENT checks the file again and passes R10 and criminality for good. For files stuck in long IP1s a review required could be cause of delay.3) Background check changes back to NA (NA2)- After the agent passes R10 and criminality, the BGC changes from IP1 to "not applicable" (NA2).This might happen on the same day within an hour or might take few days, depending on case by case basis. So basically the medical pass, R10 pass and criminality pass are all done in a matter of 2-3 days if all is fine with the file.4) After this the file is put on hold for around 30-40 days at CIO. (NA2 phase).5) After 30-40 days in NA2, the file is opened again to check eligibility at CIO Sydney. The AGENT checks all the criteria for eligibility, FSW, CRS, Education, IELTS, Employment letter etc. If all seems good the Eligibility is Met. This all happens mostly in one day and the very same day file is transferred within seconds to the Local Visa Office, as the file is transferred the eligibility changes from "MET" to "Not started" again. This is the time when we get "not needed" in our additional docs section.All the above 5 steps take place at CIO, so above are the checks that happen at CIO. So at CIO R10, criminality and primary Eligibility are done.6) Now to LVO:-After the file is at LVO, it depends completely on the concerned LVO and Visa Officer as to when they open your file, which might take from 15-100 days from transfer.After someone opens your file at the LVO, your eligibility is checked again (this is when IP2 starts) (Eligibility is checked twice overall, once primary check at CIO and then again at LVO). Now it depends on the Visa Officer that if he chooses to rely on the CIO AGENT's check and passes eligibility by merely reviewing the old check, or he/she might chose to check the eligibility in detail again. Most Visa Officers go by the recommendation of the CIO AGENT and do this check as a mere formality, but some Visa Officers might do further verifications on Employment etc., or ask for additional docs, in case they find something doubtful or sometimes just random quality checks. So it all depends on the Visa Officer, once satisfied with this, the Visa Officer changes eligibility to "pass". The the Visa Officer checks and finalises the security and approves the file. After approval the file is sent to be issued a PPR.So basically the eligibility is checked again and all other checks are reviewed and the file is approved at LVO. So its over all final review of the case, how deep a Visa Officer goes in the case to do that is completely his prerogative and his personal view of the case. All this might happen in a few hours, and might even take many days. Sometimes a file is opened and checked for few checks and the again closed, in such cases files keep on hanging until and unless the Visa Officer choses to come back and open it again. Sometimes some files are randomly chosen for security screening, which might delay files for many months. So these two reasons result in very long IP2s. Also some file have "review required" in Eligibility at CIO, those files also might go under serious checks by the Visa Officer, this might also delay a bit. So at LVO mostly, detailed second Eligibility check is done and passed, security is cleared and over all review of file is done and PPR issued.Hence this is what happens at LVO. Basically guys, as long as your file is in NA, it most likely is gathering dust, no one is even looking at the file. For an ideal case with no complications, it takes maximum 4-5 actual working days per file. This is the actual time that is devoted to a file, rest of the days the file is just lying waiting for an officer to open and check it.Sorry for the long post, I wanted to include as much detail of the process so that everyone actually knows what happens with our files.This information is based on information from a number of GCMS Notes and history of previous cases. I claim to be no expert, so if someone has any further info please share or correct.