Introduction to Medical Billing and Coding - 1

Fraud is the intentional misrepresentation of facts in order to deceive or mislead.

• True

• False

All new patients must provide personal and insurance information

• True

• False

It is not necessary to know a patient's financial responsibility

• True

• False

Assignment of Benefits authorizes payment to be sent to the patient.

• True

• False

A medical billing and coding specialist does not need a computer in order to work from home.

• True

• False

The CPT code and ICD-10 code must connect with each other

• True

• False

Disability insurance is reimbursement for loss of income due to injury or illness.

• True

• False

Advancement opportunities as a medical biller and coder professional are limited.

• True

• False

CPT codes were developed by the American Medical Association.

• True

• False

Clearinghouse receives claims electronically and distributes to third-party payers.

• True

• False