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Exam (elaborations)

CMAA Practice 4/12/2024 questions with complete solutions

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CMAA Practice 4/12/2024 questions with complete solutions

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CMAA Practice 4/12/2024

premium - correct answer ✔✔Payment made periodically to keep an insurance policy in force is called:

A. time limit

B. premium

C. coinsurance

D. fee for service



provider - correct answer ✔✔A person or institution that gives medical care is a(n):

A. third-party payer

B. provider

C. adjuster

D. insurance agent



deductible - correct answer ✔✔An amount the insured must pay before policy benefits begin is called:

A. indemnity

B. extended benefits

C. deductible

D. catastrophic



coinsurance - correct answer ✔✔When a patient has health insurance, the percentage of covered
services that is the responsibility of the patient to pay is known as:

A. coinsurance

B. pre-defined policy

C. comprehensive

D. in percent policy



accident - correct answer ✔✔An unexpected event which may cause injury is called:

,A. dread disease rider

B. accident

C. adjuster

D. no correct answer



extended care facility - correct answer ✔✔A skilled nursing facility for patients receiving specialized care
after discharge from a hospital called:

A. extended care facility

B. post care facility

C. nursing home

D. no correct answer



hospital benefits - correct answer ✔✔Payment for hospital charges incurred by an insured person
because of injury or illness is called:

A. hospital benefits

B. catastrophic health benefits

C. extra help benefits

D. no correct answer



insurance agent - correct answer ✔✔An agent of an insurance company who solicits or initiates
contracts for insurance coverage and services, and is the policy holder for the insurer is called:

A. insurance agent

B. claim representative

C. carrier

D. member physician



fee-for-service - correct answer ✔✔A method of charging whereby a physician presents a bill for each
service rendered is called:

A. non duplication of benefits

B. fee-for-service

, C. monthly statement

D. no correct answer



w-4 - correct answer ✔✔The number on the Employees Withholding Exemption Certificate is:

A. w-2

B. w-4

C. 1040

D. w-3



checkbook - correct answer ✔✔As part of the office bookkeeping procedures, the physician's bank
statement should be reconciled with the :

A. daily ledger

B. business ledger

C. personal ledger

D. checkbook



deposit slip - correct answer ✔✔A form to itemize deposits made to savings or checking accounts is
called:

A. deposit slip

B. money order

C. check guarantee

D. no correct answer



Medicaid - correct answer ✔✔Low income patients can be covered by what type of insurance?

A. Medicaid

B. Medicare

C. Tri-Care

D. Blue Cross/Blue Shield

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