Coinsurance payment - Study guides, Class notes & Summaries
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A 
 
 
 
The process where by a mutul insurer becomes a stock company is called - Demutalization 
 
The process whereby a stock company a mutal insurer is called - Mutalization 
 
The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause 
 
The part of the policy that states the amout of coverage the insured property policy period is - Declara...
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Billing & Reimbursement Questions and Answers Already Passed
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Billing & Reimbursement Questions and 
 
Answers Already Passed 
 
What is the main purpose of medical billing? 
 The main purpose of medical billing is to submit claims to insurance companies and ensure 
healthcare providers receive payment for their services. 
 
How does the reimbursement process begin in medical billing? 
 The reimbursement process begins when a healthcare provider delivers a service and the 
details are documented, which are then translated into codes for billing purposes. 
...
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CPB Certified Professional Biller Certification Medical Billing CPB Exam
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Abuse - Actions inconsistent with accepted, sound medical business or fiscal practice 
Accept Assignment - Provider accepts as payment in full whatever is paid on the cliam by the payer (except for any copayment and or coinsurance amounts.) 
Accounts Receivable - The amount owed to a business for services or goods provided. 
Accounts Receivable Aging Report - Shows the status (by date) of outstanding claims from each payer, as well as payments due from patients. 
Accounts Receivable Management -...
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ICD-10-CM Questions and Answers Already Passed
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ICD-10-CM Questions and Answers 
 
Already Passed 
 
What edition of the Federal Register would hospital facilities be especially interested in? 
A. July 
B. November or December 
 
C. October 
 
D. January C. October 
 
What edition of the Federal Register would outpatient facilities be especially interested in? 
A. November or December 
B. October 
 
C. January 
D. July A. November or December 
 
What is the largest third-party payer? 
A. American government 
B. Department of Health and Human ...
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RMIN 4000 Test 3 Brown Questions And Answers Rated A+ New Update Assured Satisfaction
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Actual Cash Value - replacement cost - depreciation 
in property ins, usually based on the actual cash value of the property at the time of loss 
Additional Insured - a person or party who is added to the named insured's policy by an 
endorsement 
Advantages of Group Insurance - -may be less expensive 
-tax benefits to employees (costs are usually pre tax) 
-employer may pay all/part of premium 
-no evidence of insurability 
-may get insurance you wouldn't have normally bought 
Advantages of u...
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Accident and Health Insurance Exam with complete solution
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H has suffered a covered disability away from her job and will shortly begin collecting benefits. The insurer sends a letter to H stating that she will not receive any benefit amounts greater than her income. This clause is known as: 
A: Over-insurance clause 
B: free look 
C: relation of earning to insurance 
D: relation of economic value - answer-C: relation of earning to insurance 
 
The insured should be aware of the issue date upon delivery a policy and the date should be listed on: 
A: the...
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Certified Healthcare Access Associate CHAA 2023 Exam guide with complete solution
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1.	A financial counselor/Financial Assistance: In accordance with Section 501(r) regulations through the Affordable Care Act, a hospital must establish a written financial assistance policy and make it available to patients. 
2.	Batch Processing: Execution of a series of jobs in a computer program without manual intervention; it is used to help maximize the use of computer resources and stabilize response time by performing system-intensive work during hours when users are less likely to require...
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RMIN 4000 Edmunds Test 3 Questions And Answers With Verified Solutions Graded A+
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401(k) plan - a. Must have taxable income 
b. Must be under age 72 
c. Annual contributions to a 401K plan are income-tax deductible, investment income accumulates tax 
free, and distributions are taxed upon withdrawal 
d. Withdraw without penalty at age 59 ½ 
e. Certain hardship exceptions prior to age 59 ½ 
f. 2021 Maximum annual contribution- $19,500 
g. 2021 over 50 catch up- $6,500 per year for a total of $26,000 
h. Any employer match that you receive does not count toward this limit! 
a...
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CHFP Module 1 Certification Test Questions & Answers 100% Corrrect!!
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is a pre-determined amount that the patient pays before the insurer begins to pay for services - ANSWERdeductible 
 
a percentage of the insurance payment amount that is paid by the patient, along with the amount paid by the insurer. - ANSWERcoinsurance 
 
a flat amount that the patient pays at each time of service - ANSWERcopayment 
 
payment also includes amounts for services that are not included in the patient's benefit design and amounts for services balance billed by out-of-network provid...
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RMIN 4000 Edmunds Exam 3 Questions and Answers Solved 100%
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401k plan - income-tax deductible, investment income accumulates tax free, distributions taxed 
upon withdrawal, and any employer match that is received does not count towards contribution limit 
additional insureds - person or party added to the policy by an endorsement (lenders and 
mortgagors) 
advantages of group insurance - may be less expensive, tax benefits to employees (costs are 
usually pre tax), employer may pay all/part of premium, no evidence of insurability-no physical exam, 
and m...
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