Medicare pays the r Study guides, Class notes & Summaries

Traditional Medicare is... - correct answer Secondary coverage Traditional Medicare includes - correct answer VA, Black Lung, Workman's Comp, auto accident, end stage renal ALL OF THE ABOVE Medicare supplement insurance should always be registered after.. - correct answer Medicare H code on an insurance card? - correct answer ...

The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that coverage begins immediately if the application is approved. What kind of receipt was used? Conditional A life insurance arrangement which circumvents insurable interest statutes is called: Investor-Originated...

XCEL FL TEST STUDY GUIDE VERIFIED ANSWERS Which of the following types of health coverage frequently uses a deductible? ️ Major Medical policy. What kind of Accidental Death and Dismemberment (AD&D) insurance beneficiary requires consent when a change of beneficiary is made? ️ Irrevocable beneficiary. If a 10-Year Term Life policy includes a Renewability provision, the policy will renew: ️ Without evidence of insurability. Under Florida law, how often must a variable ...

APC - Answer ambulatory payment classification; a payment methodology in which services paid under the prospective payment system are classified into groups that are similar clincially and in terms of the resources they require; a payment rate is est. for each APC APR - Answer annual percentage rate; one of the elements of disclosure required by the Truth in lending act ASSIGNMENT OF BENEFITS - Answer a written authorization, signed by the policyholder(or the patient, in the absence of the...

Gross Domestic Product -:- The total value of all the goods and services produced in the United States in a year; a measure of the size of the U.S. economy. Tax Burden -:- whoever has to pay the larger amount of the tax has this The rich -:- Who pays more in a progressive tax? The poor -:- Who pays more in a regressive tax? Magnet Schools -:- Schools emphasizing instruction in particular areas in an effort to improve quality and attract students. Charter Schools 2 | P a g e |...

The Payroll Source CPP Practice Exam 82 Questions with Verified Answers Which of the following features is LEAST likely to be considered when looking at the security of a new payroll system? a. regular data back-up and storage b. protection against computer viruses c. limited system access d. system edits - CORRECT ANSWER d. system edits Company deadlines for payroll data input documents are essential for: a. timely processing of the payroll b. accurate entry of data c. guaranteeing...

"hold harmless clause" - Answer * found in some non-Medicare health plan contracts * prohibits billing to patient for anything beyond deductibles and co-pays. A compliance plan may offer several benefits, including: - Answer * more accurate payment of claims * fewer billing mistakes * improved documentation and more accurate coding * less chance of violating self-referral and anti-kickback status A healthcare clearing house is a - Answer entity that processes nonstandard health infor...

CPSS Study Guide Exam 433 Questions with Verified Answers What does an Excludes1 note mean in ICD-10? - CORRECT ANSWER The code excluded should never be used. What is used at the end of an ICD-10 diagnosis code to indicate additional digits are required? - CORRECT ANSWER Dashes When coding services for eyelids, and the condition affects all four eyelids, separate codes must be assigned for all four eyelids. - CORRECT ANSWER False In the Alphabetic Index, ______ are used to identify m...

CPP Certified Payroll Professional Exam 140 Questions with Verified Answers 2019 Counseling is appropriate when: a. salaries have been frozen. b. introducing a new procedure. c. explaining tax law changes. d. orienting new employees. - CORRECT ANSWER a. salaries have been frozen. In addition to the accuracy-related penalty for underpayment of taxes, if the underpayment of taxes is due to fraud, the IRS may asses an additional penalty of: - CORRECT ANSWER 75% If an employer's total...

CPP Practice Exam 208 Questions with Verified Answers From what taxes are cafeteria plan contributions generally exempt? A. SS, Medi, FIT, and FUTA B. FIT and SIT C. SS, Medi, FUTA, and SUI D. SS, Medi, FIT, and SIT - CORRECT ANSWER A. Social Security, Medicare, FIT, and FUTA Reference 4.5 Cafeteria Plans In which boxes on the W-2 would you report the adoption assistance? A. Boxes 3, 4, 5, 6 B. Boxes 1, 2, 3, 4, 5, 6, 12 - Code T C. Boxes 3, 4, 5, 6, 12 - Code A D. Boxes 3...