Why is the "insurance verification and eligibility" function of accounts receivable management important?

a. It facilitates patient and family counseling about insurance and payment issues, which includes advising patients and familles about insurance benefits.

b. It allows for account follow-up and payment resolution by reviewing remittance advice documents and contacting payers to resolve claims.

c. It confirms the patient's insurance plan and eligibility information with the third-party payer to determine the patient's financial responsibility for services rendere

d. It involves capturing charges and posting payments by entering charges for services and procedures in the medical practice management's billing system.