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Medical Billing & Coding: Final Exam Study Guide Questions With Verified Answers

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©BRIGHTSTARS EXAM SOLUTIONS 11/14/2024 12:19 PM 1 | P a g e Medical Billing & Coding: Final Exam Study Guide Questions With Verified Answers Medicare - answerThe largest federal program providing healthcare is __________________ which provides health insurance for citizens aged 65 and older as well as certain patients under the age of 65. Medical Assistant - answerThe ___________________ ______________ is responsible for filing insurance claims in most medical offices.. Assignment, Benefits - answerPatients are generally asked to sign an _____________ of _____________statement, in which the provider agrees to prepare healthcare claims for patients, receive payments directly from the payers, and accept a payer's allowed charge. Policyholder - answerThe ______________ may be called the insured, the member, or the subscriber. Premium, an annual charge - answerUnder an insurance policy, the policyholder pays a __________ or _________________________ for keeping the insurance policy in force. Deductible - answerA ___________________ is a fixed dollar amount that must be paid or "met" once a year, in addition to the premium, before the third-party payer begins to cover medical expenses. Co-payment - answerA ____________________ is a small, fixed fee collected at the time of the visit from the patients who belong to a managed care health plan. After - answerIn a typical medical practice, claims are transmitted within a few business days ____________ the date of service. Diagnosis code - answerInsurance claims could be denied as a billing error because if the treatment was not medically necessary based on the ____________________ and there is no evidence of code linkage. Review, Allowable - answerIn the ____________ for ___________ benefits, the claims department compares the fees the physician has charged with the benefits provided by the ©BRIGHTSTARS EXAM SOLUTIONS 11/14/2024 12:19 PM 2 | P a g e patient's health insurance policy to determine the amount of deductible or coinsurance the patient owes. liability - answerThe total amount the patient owes the practice, including coinsurance, copayment, deductible, and noncovered services, is known as the patients __________________. Liability - answer_____________________ insurance covers injuries caused by the insured or that occurred on the insured's property. Automatic - answerAlthough eligibility for Medicare Part B is automatic for people entitled to Medicare Part B coverage is not ______________________. hospital - answerMedicare Part A is a _______________ benefit for patients who are admitted as inpatients for up to the 90-day benefit period. 60 - answerA Medicare benefit period begins the day a patient is admitted to the hospital and ends when that patient has not been hospitalized or placed in a skilled nursing facility for a period of ________ continuous days after discharge. assistance, insurance - answerMedicaid is a health cost _________________ program designed for low-income, blind, or disabled patients. It is not an ______________ program. Medicare - answerWorkers of any age who have chronic kidney disease requiring dialysis or end-stage renal disease (ESRD) requiring transplant are eligible for ________________. Respite - answer____________ is a short break provided for caregivers to terminally ill patients. The patient is moved to a respite care center or other facility to remove responsibility for care from the caregiver temporarily. Hospice - answer____________ programs provide pallitative care, including pain relief and support for terminal patients and their family members. Medicare(3) - answer___________ is responsible for paying 80% of the allowed charges after the patient has met the annual deductible, as patients typically have an 80-20 coinsurance. RBRVS (Resource based Relative Value Scale) - answerMedigap is not a part of Medicare's _______________________________________________. Inferior - answerPeople who qualify for Medicaid assistance are in no way _____________ to those with private insurance.

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©BRIGHTSTARS EXAM SOLUTIONS

11/14/2024 12:19 PM


Medical Billing & Coding: Final Exam Study
Guide Questions With Verified Answers


Medicare - answer✔The largest federal program providing healthcare is __________________
which provides health insurance for citizens aged 65 and older as well as certain patients under
the age of 65.

Medical Assistant - answer✔The ___________________ ______________ is responsible for
filing insurance claims in most medical offices..

Assignment, Benefits - answer✔Patients are generally asked to sign an _____________ of
_____________statement, in which the provider agrees to prepare healthcare claims for
patients, receive payments directly from the payers, and accept a payer's allowed charge.

Policyholder - answer✔The ______________ may be called the insured, the member, or the
subscriber.

Premium, an annual charge - answer✔Under an insurance policy, the policyholder pays a
__________ or _________________________ for keeping the insurance policy in force.

Deductible - answer✔A ___________________ is a fixed dollar amount that must be paid or
"met" once a year, in addition to the premium, before the third-party payer begins to cover
medical expenses.

Co-payment - answer✔A ____________________ is a small, fixed fee collected at the time of
the visit from the patients who belong to a managed care health plan.

After - answer✔In a typical medical practice, claims are transmitted within a few business days
____________ the date of service.

Diagnosis code - answer✔Insurance claims could be denied as a billing error because if the
treatment was not medically necessary based on the ____________________ and there is no
evidence of code linkage.

Review, Allowable - answer✔In the ____________ for ___________ benefits, the claims
department compares the fees the physician has charged with the benefits provided by the

1|Page

, ©BRIGHTSTARS EXAM SOLUTIONS

11/14/2024 12:19 PM

patient's health insurance policy to determine the amount of deductible or coinsurance the
patient owes.

liability - answer✔The total amount the patient owes the practice, including coinsurance,
copayment, deductible, and noncovered services, is known as the patients
__________________.

Liability - answer✔_____________________ insurance covers injuries caused by the insured or
that occurred on the insured's property.

Automatic - answer✔Although eligibility for Medicare Part B is automatic for people entitled to
Medicare Part B coverage is not ______________________.

hospital - answer✔Medicare Part A is a _______________ benefit for patients who are
admitted as inpatients for up to the 90-day benefit period.

60 - answer✔A Medicare benefit period begins the day a patient is admitted to the hospital and
ends when that patient has not been hospitalized or placed in a skilled nursing facility for a
period of ________ continuous days after discharge.

assistance, insurance - answer✔Medicaid is a health cost _________________ program
designed for low-income, blind, or disabled patients. It is not an ______________ program.

Medicare - answer✔Workers of any age who have chronic kidney disease requiring dialysis or
end-stage renal disease (ESRD) requiring transplant are eligible for ________________.

Respite - answer✔____________ is a short break provided for caregivers to terminally ill
patients. The patient is moved to a respite care center or other facility to remove responsibility
for care from the caregiver temporarily.

Hospice - answer✔____________ programs provide pallitative care, including pain relief and
support for terminal patients and their family members.

Medicare(3) - answer✔___________ is responsible for paying 80% of the allowed charges after
the patient has met the annual deductible, as patients typically have an 80-20 coinsurance.

RBRVS (Resource based Relative Value Scale) - answer✔Medigap is not a part of Medicare's
_______________________________________________.

Inferior - answer✔People who qualify for Medicaid assistance are in no way _____________ to
those with private insurance.




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