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






2. Sending data in a standardized machine readable format to an insurance company via disk - telephone or cable.






3. The term hospitals use to describe the encounter form.






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






5. 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;






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






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






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






9. Any medical condition that was diagnosed and or treated within a specified period of time immediately preceding the enrollee's effective date of coverage.






10. 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.






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






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






13. 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.






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






15. 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






16. A correctly completed standardized claim






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






18. Established by health insurance companies for a health insurance plan; usually has limits of $1000 or $2000; when the patient has reached the limit of an out-of-pocket payment (deductable) for the year - appropriate patient reimbursement to the provi






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






20. 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






21. 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






22. The transmission of claims data (electronical or manually) to payers or clearinghouses for processing.






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






24. System by which payers deposit funds to the providers account electronically.






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






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






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






28. Does not contract with the insurance plan; patient who elects to recieve care from nonPARS will incur higher out-of-pocket expenses.






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






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






31. Form used to report institutional - facility services.






32. The amount owed to a business for services or goods provided






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






34. Theperson eligible to receive healthcare benefits.






35. Shows the status (by date) of outstanding claims from each payer - as well as payments due from patients






36. Medical report substantiating a medical condition






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






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






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






40. The insurance claim form used to report professional services






41. A computerized permanent record of all financial transactions between the patient and the practice;also called patient account record.






42. 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.






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






44. A computerized permanent record of all financial transactions between the patient and the pratice - also called patient ledger.






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






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






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






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






49. 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.






50. Prohibits discrimination on the basis of race - color - religion - national origin - sex - martial status - age - reciept of public assistance - or good faith exercise of any rights under the Cunsumer Credit protection ACT.