Questions & Answers 100% Accurate!!
premium - ANSWERSPayment made periodically to keep an insurance policy in force is
called:
A. time limit
B. premium
C. coinsurance
D. fee for service
provider - ANSWERSA person or institution that gives medical care is a(n):
A. third-party payer
B. provider
C. adjuster
D. insurance agent
deductible - ANSWERSAn amount the insured must pay before policy benefits begin is
called:
A. indemnity
B. extended benefits
C. deductible
D. catastrophic
coinsurance - ANSWERSWhen 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 - ANSWERSAn unexpected event which may cause injury is called:
A. dread disease rider
B. accident
C. adjuster
D. no correct answer
extended care facility - ANSWERSA 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 - ANSWERSPayment 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 - ANSWERSAn 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 - ANSWERSA 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 - ANSWERSThe number on the Employees Withholding Exemption Certificate is:
A. w-2
B. w-4
C. 1040
D. w-3
checkbook - ANSWERSAs 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 - ANSWERSA 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 - ANSWERSLow income patients can be covered by what type of insurance?
A. Medicaid
B. Medicare
C. Tri-Care