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MA116 Insurance Billing Key Concepts Exam 2025 Questions and Answers

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MA116 Insurance Billing Key Concepts Exam 2025 Questions and Answers

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MA116 Insurance Billing Key Concepts
Exam 2025 Questions and Answers


RBRVS - --CORRECT ANSWER--A system used to determine physician

payment based on the value of services.

Medicaid - --CORRECT ANSWER--Joint federal and state program for low-

income individuals and families.

TRICARE - --CORRECT ANSWER--Health insurance for military personnel and

their families.

Group policy - --CORRECT ANSWER--An insurance policy that covers a group

of people under one contract.

Independent Practice Association (IPA) - --CORRECT ANSWER--Group of

independent physicians who join to contract with insurance plans.

AFDC - --CORRECT ANSWER--Aid to Families with Dependent Children -

former federal assistance program replaced by TANF.

Medicare Part B - --CORRECT ANSWER--Outpatient care, doctor visits,

preventive services, and durable medical equipment.




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