Zero Balance Due definition
Zero Balance Due or “ZBD” means “100% member paid plan” or “zero-balance due” claim is a claim for which the client does not have financial liability and owes no pharmacy reimbursement.
Examples of Zero Balance Due in a sentence
Zero Balance Due Claims are included in the guaranteed average annual AWP discounts as shown in the BPA Addendum; however, the discounts are considered prior to application of Copayments/Deductibles and Coinsurance and not as a one hundred percent (100%) discount, when calculating the overall average discount.