NCCT Study Insurance Exam Questions with 100% Correct Answers | Updated & Verified

NCCT Study Insurance Exam Questions with 100% Correct Answers | Updated & Verified A new HIM director was recently hired at a hospital. She was advised her health insurance benefits become available in 90 days. Which of the following is correct regarding her health insurance? a- She will not have the option of keeping her medical insurance from her previous job. b-she will be able to get medical insurance benefits immediately because she is the HIM director. c- she will need to pay cash for medical services and be reimbursed by her new insurance company by 90 days. d- She will be able to keep her current medical insurance from her previous job through COBRA - answerShe will be able to keep her current medical insurance from her previous job through COBRA The patient is sent a statement for an office visit. The total amount of the bill is $100.00 and this amount must be paid before the insurance company will pay on the claim. Which of the following is this called? a. deductible b. premium c. copayment d. coinsurance - answerDeductible If a provider refuses to accept assignment, when must the patient pay for services? a. on next visit b. after receipt of statement c. time of service d. upon denial of insurance payment - answerTime of service Which of the following federal regulations requires disclosure of finance changes, late fees, amount, and due dates for all payment plans? a. Fair and Accurate Credit Transaction Act b. Truth in Lending Act c. Fair Debt Collection Practices Act d. Equal Credit Opportunity Act - answerTruth in Lending Act Which of the following protects federal healthcare programs from fraud and abuse by healthcare providers who solicit referrals? a. Federal Claims Collection Act b. Utilization Review Act C. Fraud and Abuse Act d. Anti-Kickback Statute - answerAnti-Kickback Statute The most effective method to manage patient statements and other financial invoices as well as avoid payment delays is to a. use a bimonthly billing system b. issue periodic reminders c. collect fees at the time of service d. write off overdue balances - answercollect fees at the time of service The insurance and coding specialist calls a carrier to verify a patient's insurance and the representative states that the patient insurance was canceled three months ago. Which of the following should the insurance and coding specialist do first? a. ask the patient for another form of insurance coverage b. discuss self-pay options with the insurance policy holder. c. ask the patient to reschedule the appointment d. record the information and refer the patient to another provider - answerask the patient for another form of insurance coverage. When the patient calls to inquire about an account, which of the following does the insurance and coding specialist need to ask for before discussing the account? (Select the three (3) correct answers.) a. patient's claim number b. patient's name c. patient's insurance ID number d. patient's date of birth e. patient's social security number - answerPatient's date of birth patient's name patient's insurance ID number When using the EHR to schedule a patien