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






2. Also called a day sheet - a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day.






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






4. A correctly completed standardized claim






5. Contract out






6. Form used to report institutional - facility services.






7. 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.






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






9. The percentage the patient pays for covered services after the deductible has been met and the copayment has been paid.






10. 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






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






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






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






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






15. 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;






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






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






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






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






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






21. 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






22. 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






23. 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






24. Organization that accredits clearinghouses






25. 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.






26. The insurance claim form used to report professional services






27. 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.






28. Person responsible for paying healthcare fees






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






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






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






32. 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;






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






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






35. 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.






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






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






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






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






40. A check made out to the patient and the provider.






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






42. Computer to computer data exchange between payer and provider






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






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






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






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






47. Theperson eligible to receive healthcare benefits.






48. 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






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






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