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Medical Insurance - -Financial plan (the payer) that covers the cost of hospital and medical care Policyholder - -Person who buys an insuranc

Workers Compensation is a - ANSWER - Federal or state plan Medicare for in the job injury or illness is covered by - ANSWER -Workers compensation OWCP is the acronym for - ANSWER - Office

ICD-10-CM is mandated code set for diagnosis under the HIPPA: - ANSWER -transaction and code sets A code in ICD-10-CM has up to how many characters? - ANSWER -Seven An ICD-10-CM category code has how many characters

If fluoroscopic guidance is used during the insertion of a pacemaker, it is bundled with the primary procedure and cannot be reported separately. - ANSWER -True PTCA is an acronym for Percutaneous Transluminal Coronary Angioplasty. - ANSW

Which of the following is a reason for why the field of medical billing and coding is in high demand? - ANSWER -An aging population will use more healthcare services to manage a multitude of chronic diseases. What is the process of reporting diagnoses and procedures/services as numeric and alphanumeric characters on the insurance claim? - ANSWE

Medical Billing and Coding Final Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the role of the Office of Inspector General (OIG) in healthcare? To detect and prevent healthcare fraud, waste, and abuse. What is the purpose of a compliance plan in a medical office? To prevent and correct billing and coding errors that could lead to fraud. What is the difference between primary and secondary insurance? Primary insurance pays first, and secondary ...

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