Coding and Medical Billing

Payments to the healthcare facility come as reimbursement from the insurance company only

• True

• False

Answer explanation

Payments to the healthcare facility come as reimbursement from the insurance company or a patient payment

Adjustments are made to a patient’s account when it is necessary to add or subtract an amount from the balance and it is not from a payment.

• True

• False

The amount of money paid to keep an insurance policy effective is?

• deductible

• premium

• co-insruance

• copayment

What can minors be treated and seen for without parental consent?

Select all the applies

• Birth Control

• STDs

• Pregnancy

• Depression

Which insurance is military’s comprehensive healthcare program for family members of active duty personnel, military retirees and their eligible family members under age 65, and survivors of all uniformed services?

• CHAMPVA

• TRICARE

• MEDICAID

• MEDICARE

Which category is the last step before getting collection agencies involved?

• 90-120 days

• 60-90 days

• 6 months

• less than 30 days

CHAMPVA covers?

• All military personnel

• Veterans

• Current military personnel and families

• Current and retired military

Which is the most successful collection strategy?

• Telephone

• Letters

• Small Claims Court

• Email

Organizations that fund their own insurance programs offered to their employees are called self-funded plans.

• True

• False

The federal- and state-sponsored health insurance program for the medically indigent (poor) is called: