Covered entity - Study guides, Class notes & Summaries

Risk correct answers the possibility of an unexpected result. Premium correct answers A specified amount of money an insurer charges in exchange for its agreement to pay a policy benefit when a specific loss occurs. Insurance company correct answers A company that provides protection against the risk of financial loss caused by specific events. Life insurance correct answers A type of insurance under which the insurer promises to pay a death benefit upon the death of a named person. ...

NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 RATED A+ Mason has suffered a $42,000 loss to his commercial building due to fire. The building is covered under the Building & Personal Property coverage form and had been vacant for 74 days. The insurer would have paid the entire loss if the building had been occupied, but what will they pay because the insured building was considered vacant? $28,980. $42,000. $6,300. $35,700. For a loss that would otherwise be covered for th...

Rules of Construction Help to identify and establish the intent of the parties to the contract Utmost good faith Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract A contract under which one party's performance is contingent on an uncertain event. property and casualty agent has the power to bind the insurer...

RHIT Exam Questions, RHIT Exam Terminology fully solved 2023 Inpatient occupancy rate: - correct answer (Service days x 100) / (number of beds x service days) = percentage rate % Under HIPAA, which of the following is not named as a covered entity? - correct answer Outsourced transcription company; they would be business associates of a covered entity A standard of performance or best practice for a particular process or outcome is called a(n)_____ - correct answer Benchmark The breach...

2023 AAPC CPB Final Exam Questions and Answers (2022/2023) (Verified Answers) AGRADE Health plan, clearinghouses, and any entity transmitting health information is considered by the Privacy Rule to be a: Correct Answer: covered entity Which of the following is not a covered entity in the Privacy Rule Correct Answer: healthcare consulting firm A request for medical records is received for a specific date of service from patient's insurance company with regards to a submitted claim. No authori...

When auditing operative notes, the auditor will expect to see documentation from all of the following except: - ANSWER Surgical assistants. According to the Health Insurance Portability and Accountability Act of 1996 (HIPAA), an outside auditor must sign which of the following agreements prior to reviewing and auditing any medical records? - ANSWER Business Associate Agreement When auditing an ENT practice, you discover the practice uses an EMR. Which of the following options would you loo...

2023 AAPC CPC FINAL PRACTICE TEST QUESTIONS WITH ANSWERS (CPC exam preparation 2021/2022) AGRADE A covered entity does NOT include a. Healthcare providers b. Health plans c. Patients d. Clearinghouses - Answer c. Patients What does MAC stands for? a. Medicare Administrative Contractor b. Medicare Advisory Contractor c. Medicaid Administrative Contractor d. Medicaid Alert Contractor - Answer a. Medicare Administrative Contractor When are providers responsible for obtaining an ABN for a servic...

Test Bank for Financial Accounting; Tools for Business Decision Making 10th Edition by Kimmel Jerry J. Weygandt Jill E. Mitchell, All Chapters Covered, Complete Guide A+. CHAPTER 1 INTRODUCTION TO FINANCIAL STATEMENTS CHAPTER LEARNING OBJECTIVES 1. Identify the forms of business organization and the uses of accounting information. A sole proprietorship is a business owned by one person. A partnership is a business owned by two or more people associated as partners. A corporation is a separ...

Which of the following programs ensures that commands do not wait for discriminatory incidents to occur before taking action? - ans Command Managed Equal Opportunity To enforce equal opportunity, a command is authorized to take all of the following actions, EXCEPT which one? - ans Individual transfers Providing safety planning services, comprehensive assistance, and liaison to and for victims of domestic abuse is the responsibility of what entity? - ans Family Advocacy Program (FAP) ...

Introduction and overview of the module ......................................................... ii LEARNING UNIT 1 Introduction to the preparation of financial statements .......................... 1 LEARNING UNIT 2 Financial statements of a sole proprietorship ........................................ 24 LEARNING UNIT 3 Establishment and financial statements of a partnership ...................... 46 LEARNING UNIT 4 Changes in the ownership structure of partnerships ..............