premium - correct answer ✔✔Payment made periodically to keep an insurance policy in force is called:
A. time limit
B. premium
C. coinsurance
D. fee for service
provider - correct answer ✔✔A person or institution that gives medical care is a(n):
A. third-party payer
B. provider
C. adjuster
D. insurance agent
deductible - correct answer ✔✔An amount the insured must pay before policy benefits begin is called:
A. indemnity
B. extended benefits
C. deductible
D. catastrophic
coinsurance - correct answer ✔✔When a patient has health insurance, the percentage of covered
services that is the responsibility of the patient to pay is known as:
A. coinsurance
B. pre-defined policy
C. comprehensive
D. in percent policy
accident - correct answer ✔✔An unexpected event which may cause injury is called:
,A. dread disease rider
B. accident
C. adjuster
D. no correct answer
extended care facility - correct answer ✔✔A skilled nursing facility for patients receiving specialized care
after discharge from a hospital called:
A. extended care facility
B. post care facility
C. nursing home
D. no correct answer
hospital benefits - correct answer ✔✔Payment for hospital charges incurred by an insured person
because of injury or illness is called:
A. hospital benefits
B. catastrophic health benefits
C. extra help benefits
D. no correct answer
insurance agent - correct answer ✔✔An agent of an insurance company who solicits or initiates
contracts for insurance coverage and services, and is the policy holder for the insurer is called:
A. insurance agent
B. claim representative
C. carrier
D. member physician
fee-for-service - correct answer ✔✔A method of charging whereby a physician presents a bill for each
service rendered is called:
A. non duplication of benefits
B. fee-for-service
, C. monthly statement
D. no correct answer
w-4 - correct answer ✔✔The number on the Employees Withholding Exemption Certificate is:
A. w-2
B. w-4
C. 1040
D. w-3
checkbook - correct answer ✔✔As part of the office bookkeeping procedures, the physician's bank
statement should be reconciled with the :
A. daily ledger
B. business ledger
C. personal ledger
D. checkbook
deposit slip - correct answer ✔✔A form to itemize deposits made to savings or checking accounts is
called:
A. deposit slip
B. money order
C. check guarantee
D. no correct answer
Medicaid - correct answer ✔✔Low income patients can be covered by what type of insurance?
A. Medicaid
B. Medicare
C. Tri-Care
D. Blue Cross/Blue Shield
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