Test your basic knowledge |

Health Insurance

Subject : industries
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Any medical condition that was diagnosed and or treated within a specified period of time immediately preceding the enrollee's effective date of coverage.






2. Clearinghouses that involves value-added vedors - such as banks - in the processing of claims; using a VAN is more efficient and less expensive for providers than managing their own systems to send and receive transactions directly from nummerous ent






3. Provision in group health insurance policies that prevents multiple insurers from paying benefits covered by other policies: also specifies that coverage will be provided in a specified sequence when more than one policy covers the claim.






4. Submitting multiple CPT codes when one code could of been submitted.






5. Remittance advice submitted by Medicare to providers that includes payment information about a claim.






6. Federal law passed in 1975 that helps consumers resolve billing issues with card issuers; protects important credit rights - including rights to dispute billing errors - unauthorized use of account - and charges for unsatisfactory goods and services;






7. Services that are provided to a patient without proper authorization or that are not covered by a current authorization.






8. A correctly completed standardized claim






9. Claims for which all processing - including appeals - has been completed.






10. Legal action to recover a debt; usually a last resort for a medical practice.






11. A routing slip - charge slip - encounter form - or suberbill from which the insurance claim was generated.






12. Form used to report institutional - facility services.






13. Assists providers in the collection of appropriate reimbursement for services rendered; includes functions such as insurance verfication/eligibility and preauthorization of services






14. The maximum amount a payer will reimburse for each procedure or service - according to the patient's policy.






15. The landmark legislation because it launched truth in lending disclosures that reguired creditors to communicate the cost of borrrowing money in a common language so that consumers could figure out the charges - compare cost - and shop for the best c






16. Is a past due account; one that has not been paid within a certain time frame.






17. Series of fixed length records submitted to payers to bill for health care services.






18. Submitted to the payer - but processing is not complete






19. Abstract of all recent claims filed on each patient.






20. Also called manual daily accounts receivable journal; cronological summary of all transactions posted to individual patient legers/accounts on a specific day.






21. When the provider agrees to accept what the insurance company allows or aproves as payment in full for the claim






22. Is a public or private entity that processes of facilitates the processing of nonstandard data elements into standard data elements.






23. Financial record source document used by providers and other personnel to record treated diagnoses and services rendered to the patient during the current encounter.






24. Assigning lower-level codes then documented in the record.






25. Amended the Truth in Lending Act - requiring credit and charge card issuers to provide certain disclosures in direct mail - telephone - and any other application and solicitations for open-end credit and charge accounts and under other circumstances;






26. One that has not been paid within a certain time frame; also called delinquent account






27. Series of fixed length records submitted to payers to bill for health care services.






28. Amount for which the patient is financially responsible before an insurance company provides coverage.






29. Associated with how an insurance plan is billed-the insurance plan responsible for paying healthcare insurance claims first is considered primary.






30. Specifies what a collection source may or may not do when pursuing payment on past due accounts.






31. Term used for the encounter form in the physicians's office.






32. Organization that accredits clearinghouses






33. The insurance claim form used to report professional services






34. Are organized by year; generated for providers who do not accept assignment; includes all unassigned claims for which the provider is not obligated to perform any follow-up work.






35. The provider receives reimbursement directly from the payer.






36. Determines coverage by primary and secondary policies when each parent subscribes to a different health insurance plan.






37. Any procedure or service reported on a claim that is not included on the payers master benefit list - resulting in denial of the claim; also called noncovered procedure or uncoverd benefit.






38. Remittance advice that is submitted to the provider electronically and contains the same information as a paper-based remittance advice; providers receive ERA more quickly.






39. Sorting claims upon submission to collect and verify information about a patient and provider.






40. Protects information collected by consumers reporting agencies such as credit bureaus - medical information companies and tenant screening services; organizations that provide information to consumer reporting agencies also have specific legal obliga






41. Uses a variable-length file format to process transactions for institutional - professional - dental - and drug claims.






42. A claim that is usually more than 120 days past due; some practices establish time frames that are less than 120 days.






43. Comparing a claim to payer edits and the patient's health plan benefits to verify that the required information is available to process the claim; the claim is not a duplicated; payer rules and procedures have been followed; and procedures performed






44. Advances through various aging periods( 30 -60 -90 -120) with practices typically focusing internal recovery efforts on older delinquent accounts.






45. Contract out






46. Contracts with a helath insurance plan and accepts whatever the plan pays for procedures or services performed.






47. Establishes the rights. liabilites - and rsponsibilities of participants in electronic funds transfer systems.






48. Computer to computer data exchange between payer and provider






49. Accounts receivable that cannot be collected by the provider or a collect agency.






50. Health plans - healthcare clearinghouses - government health plans - and any health providers that choose to submit or receive transactions electronically.