Question 1

State laws may bar the use of a signature stamp.

Accepted Answer

A) True 
 B)False

Question 2

When the insured is required to pay a percentage of the covered services' costs, this is referred to as ____________________.

Accepted Answer

The answer of When the insured is required to pay...

Question 3

A daily record sheet used to record daily business transactions is called a/an

Accepted Answer

A)  ledger. 
B)  encounter form. 
C)  daysheet. 
D)  transaction slip. 
A)  ledger. 
B)  encounter form. 
C)  daysheet. 
D)  transaction slip.

Question 4

A state-sponsored program that provides free low-cost health coverage for low-income children is: ___________________________

Accepted Answer

State Children's Hea

Question 5

A tax-free savings account that allows individuals and their employers to set aside money to pay for health care expenses is known as: _________________________________

Accepted Answer

Medical savings acco

Question 6

An insurance policy becomes effective after the person accepts the policy and signs the contract.

Accepted Answer

A) True 
 B)False

Question 7

A type of managed care organization created by the 1982 Tax Equity and Fiscal Responsibility Act (TEFRA) that allows for enrollment of Medicare beneficiaries into managed care plans is a/an

Accepted Answer

A)  preferred provider organization (PPO). 
B)  competitive medical plan (CMP). 
C)  independent practice association (IP
A) . 
D)  point-of-service plan (POS). 
A)  preferred provider organization (PPO). 
B)  competitive medical plan (CMP). 
C)  independent practice association (IP
A) . 
D)  point-of-service plan (POS).

Question 8

The first document obtained in the initial patient visit is a/an

Accepted Answer

A)  encounter form. 
B)  patient chart. 
C)  patient information form. 
D)  patient ledger. 
A)  encounter form. 
B)  patient chart. 
C)  patient information form. 
D)  patient ledger.

Question 9

An organization of physicians, sponsored by a state or local medical association, concerned with the development and delivery of medical services and the cost of health care is known as a/an

Accepted Answer

A)  competitive medical plan (CMP). 
B)  exclusive provider organization (EPO). 
C)  foundation for medical care. 
D)  independent practice association (IP
A) . 
A)  competitive medical plan (CMP). 
B)  exclusive provider organization (EPO). 
C)  foundation for medical care. 
D)  independent practice association (IP
A) .

Question 10

The amount that must be paid each year by the insured before policy benefits begin is known as the ____________________.

Accepted Answer

The answer of The amount that must be paid each...

Question 11

Assignment of benefits is

Accepted Answer

A)  used only by nonparticipating physicians. 
B)  never used by participating physicians. 
C)  the transfer of the physician's right to collect an amount payable to the patient. 
D)  the transfer of one's legal right to collect an amount payable under an insurance contract. 
A)  used only by nonparticipating physicians. 
B)  never used by participating physicians. 
C)  the transfer of the physician's right to collect an amount payable to the patient. 
D)  the transfer of one's legal right to collect an amount payable under an insurance contract.

Question 12

Electronic billers are permitted to obtain a ___________________ authorization from the patient to release medical information necessary to process a claim.

Accepted Answer

The answer of Electronic billers are permitted to obtain a...

Question 13

Why would conversion from a group policy to an individual policy be advantageous?

Accepted Answer

A)  Premiums would be reduced. 
B)  Benefits would be increased. 
C)  No physician examination is required. 
D)  No precertification is necessary. 
A)  Premiums would be reduced. 
B)  Benefits would be increased. 
C)  No physician examination is required. 
D)  No precertification is necessary.

State laws may bar the use of a signature stamp.

When the insured is required to pay a percentage of the covered services' costs, this is referred to as ____________________.

A daily record sheet used to record daily business transactions is called a/an

A state-sponsored program that provides free low-cost health coverage for low-income children is: ___________________________

A tax-free savings account that allows individuals and their employers to set aside money to pay for health care expenses is known as: _________________________________

An insurance policy becomes effective after the person accepts the policy and signs the contract.

A type of managed care organization created by the 1982 Tax Equity and Fiscal Responsibility Act (TEFRA) that allows for enrollment of Medicare beneficiaries into managed care plans is a/an

The first document obtained in the initial patient visit is a/an

An organization of physicians, sponsored by a state or local medical association, concerned with the development and delivery of medical services and the cost of health care is known as a/an

The amount that must be paid each year by the insured before policy benefits begin is known as the ____________________.

Assignment of benefits is

Electronic billers are permitted to obtain a ___________________ authorization from the patient to release medical information necessary to process a claim.

Why would conversion from a group policy to an individual policy be advantageous?

Role of an Insurance Billing Specialist

Compliance, Privacy, Fraud, and Abuse in Insurance Billing

Medical Documentation and the Electronic Health Record

Diagnostic Coding

Procedural Coding

The Paper Claim: Cms-1500 02-12

The Electronic Claim

Receiving Payments and Insurance Problem Solving

Office and Insurance Collection Strategies

The Blue Plans, Private Insurance, and Managed Care Plans

Medicare

Medicaid and Other State Programs

Tricare and Veterans Health Care

Workers Compensation

Disability Income Insurance and Disability Benefit Programs

Hospital Billing

Seeking a Job and Attaining Professional Advancement

Filters

Exam 3: Basics of Health Insurance

State laws may bar the use of a signature stamp.

When the insured is required to pay a percentage of the covered services' costs, this is referred to as ____________________.

A daily record sheet used to record daily business transactions is called a/an

A state-sponsored program that provides free low-cost health coverage for low-income children is: ___________________________

A tax-free savings account that allows individuals and their employers to set aside money to pay for health care expenses is known as: _________________________________

An insurance policy becomes effective after the person accepts the policy and signs the contract.

A type of managed care organization created by the 1982 Tax Equity and Fiscal Responsibility Act (TEFRA) that allows for enrollment of Medicare beneficiaries into managed care plans is a/an

The first document obtained in the initial patient visit is a/an

An organization of physicians, sponsored by a state or local medical association, concerned with the development and delivery of medical services and the cost of health care is known as a/an

The amount that must be paid each year by the insured before policy benefits begin is known as the ____________________.

Assignment of benefits is

Electronic billers are permitted to obtain a ___________________ authorization from the patient to release medical information necessary to process a claim.

Why would conversion from a group policy to an individual policy be advantageous?

Role of an Insurance Billing Specialist

Compliance, Privacy, Fraud, and Abuse in Insurance Billing

Medical Documentation and the Electronic Health Record

Diagnostic Coding

Procedural Coding

The Paper Claim: Cms-1500 02-12

The Electronic Claim

Receiving Payments and Insurance Problem Solving

Office and Insurance Collection Strategies

The Blue Plans, Private Insurance, and Managed Care Plans

Medicare

Medicaid and Other State Programs

Tricare and Veterans Health Care

Workers Compensation

Disability Income Insurance and Disability Benefit Programs

Hospital Billing

Seeking a Job and Attaining Professional Advancement

Filters