Copayment - Study guides, Class notes & Summaries

Registered Medical Assistant (RMA) Exam Part 2 Administrative Questions & Answers-The practice of one insurance company working with other insurance plans to determine the amount each will pay when a patient has more than one insurance plan is referred to as - Coordination of benefits The recorded financial transaction in a book keeping or accounting system are called - Posting which appointment scheduling technique determines the number of patients to be seen each hour by dividing the h...

Nha Ccma Exam 2024 (Actual Questions And Answers) Advance Beneficiary Notice (ABN) - CORRECT ANSWER-A form provided to the patient when the provider believes Medicare will probably not pay for services received Allowed Amount - CORRECT ANSWER-The maximum amount a third-party payer will pay for a particular procedure or service Copayment - CORRECT ANSWER-a small fixed fee paid by the patient at the time of an office visit Coinsurance - CORRECT ANSWER-a provision under which both the i...

What Specific new procedures does the USA Patriot Act require of insurance companies - Establish an anti money laundering program All of the following are common exclusions from loss found in disability income policies EXCEPT for that incurred while - Committing a misdemeanor All of the following are characteristics of COBRA EXCEPT - Change in medical privacy procedures Difference between copayment and coinsurance - Copayment is set dollar amount, Coinsurance is set percentage. Consumers rep...

A 6 year-old is seen in the pediatrician office for the first time. He has insurance coverage through both his mother (DOB: 02/08/86 and his father (DOB: 05/15/85). Whose insurance is primary? A. Mother's insurance plan B. Father's insurance plan C. The policy that has the best benefits D. Either mother's or father's insurance plan depending who brings the child in for medical care. - A. Mother's insurance plan Which managed care plan has the patient receiving care from participating p...

All Practice Exam Questions - Life, Accident and Sickness - GA State License Exam Questions and Answers How much participation does a Noncontributory plan require? - Correct Answer ️️ - 100% The insured hands control of the policy to another person (usually the agent) - Correct Answer ️️ -constructive delivery Filing a request with the insurer - Recording Method, or by endorsement - Correct Answer ️️ -beneficiary change can be made by doing what? The application is part of t...

How are underwriting and field underwriting different? - Underwriting (conducted at the insurer's offices) uses statistics, field underwriting relies on face-to-face contact with the applicant/insured (usually the producer/agent) What is the difference between the unethical practices of twisting and churning? - Twisting involves the policies, revenues or another insurer; churning occurs within the same company/insurer. How many days does the insurer have to provide claim forms from the ins...

All Practice Exam Questions - Life, Accident and Sickness - GA State License Exam Questions and Answers How much participation does a Noncontributory plan require? - Correct Answer ️️ - 100% The insured hands control of the policy to another person (usually the agent) - Correct Answer ️️ -constructive delivery Filing a request with the insurer - Recording Method, or by endorsement - Correct Answer ️️ -beneficiary change can be made by doing what? The application is part of t...

An EHR specialist enters a patients insurance information into the EHR system. How long does it take for this information to post to the patients chart? As soon as the information is entered Which of the following is the first step when processing a record request in a manual system? Verify the name and record number If a patient has insurance that requires a copayment, which of the following is needed to accurately collect and post the patients payment? encounter form According t...

Which type of health insurance plan is particularly suitable for the senior insurance market? correct answers managed care term insurance *Medicare plans* long-term care Medicare is a federal health insurance program designed for people who are 65 years old and older and certain disabled individuals. How does Part C change the delivery of health care services under Medicare? correct answers It increases accessibility to services for eligible individuals. It limits the coverage of Parts...

All Practice Exam Questions - Life, Accident and Sickness - GA State License with 100% Correct Solutions 100% - Correct Answer ️️ -How much participation does a Noncontributory plan require? constructive delivery - Correct Answer ️️ -The insured hands control of the policy to another person (usually the agent) beneficiary change can be made by doing what? - Correct Answer ️️ -Filing a request with the insurer - Recording Method, or by endorsement Entire Contract Provision - C...