Which of the following should be reflected in a billing company's written policies and procedures?

The inclusion of current federal and state statutes in a billing company's written policies and procedures is essential due to the varied regulatory landscape that governs healthcare compliance. Federal statutes lay the groundwork for national standards, which often include guidelines on issues like reimbursement, patient privacy, and fraud prevention under laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the False Claims Act.

In addition to federal regulations, state statutes can impose additional requirements or specific interpretations that differ from federal laws. These state regulations might address areas such as billing practices, patient rights, and provider licensure, which are critical for compliance at the local level.

Therefore, a comprehensive approach to compliance necessitates that both federal and state statutes are integrated into the company's policies and procedures. This ensures that the company operates within the entirety of applicable laws and mitigates the risk of penalties or legal issues stemming from non-compliance with either level of legislation.