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Medical Insurance Chapter 1 Study Guide Exam Questions and Answers (Solved Papers).

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Medical Insurance Chapter 1 Study Guide Exam Questions and Answers (Solved Papers).

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Medical Insurance Chapter 1 Study Guide
Exam Questions and Answers (Solved
Papers)
Preferred Provider Organization (PPO) - Correct Answers
✅a managed care network of providers under contract to
provide services at discounted fees


Copayment - Correct Answers ✅an amount that an insured
person pays at the time of a visit to a provider


Health Maintenance Organization (HMO) - Correct Answers
✅an organization that contracts with a network of providers
for the delivery of health care for a prepaid premium


Certification - Correct Answers ✅recognition of a superior
level of skill by an official organization


Schedule of Benefits (SOB) - Correct Answers ✅A list of
medical services covered under an insurance policy


Indemnity - Correct Answers ✅health plan that protects
beneficiaries against losses


Fee-for-service (FFS) - Correct Answers ✅payment method
based on provider's charges


Coinsurance - Correct Answers ✅the percentage of each
claim that an insured person must pay

, Medical Insurance Chapter 1 Study Guide
Exam Questions and Answers (Solved
Papers)

Etiquette - Correct Answers ✅standards of professional
behavior


Electronic Health Record (EHR) - Correct Answers ✅a
computerized lifelong health care record for an individual that
incorporates data from providers who treat the individual


Compliance - Correct Answers ✅actions that are performed
to satisfy official requirements


Consumer-driven health plan (CDHP) - Correct Answers
✅type of medical insurance combining a high deductible
health plan and a medical savings plan


Self funded(self insured) health plans - Correct Answers
✅a method by which organizations pay for health insurance
directly and set up a fund from which to pay


In an HMO with a gatekeeper system a(n) _____ coordinates
the patient's care and provides referrals - Correct Answers
✅PCP


Which of the following combines a health plan that has a high
deductible and low premiums with a special "savings

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