Out of pocket payment Study guides, Class notes & Summaries
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AHIP 2023 Final QUESTIONS AND ANSWERS
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AHIP 2023 Final QUESTIONS AND ANSWERS 
 
 
 
Mr. Lopez, who is fairly well-off financially, would like to enroll in a Medicare prescription drug plan you represent and simply give you a check to cover his premiums for the entire year. What should you tell him? - ANSWERE He will need to mail in his payment with his enrollment form. 
 
Mrs. Chou likes a Private Fee-for-Service (PFFS) plan available in her area that does not include drug coverage. She wants to enroll in the plan and enroll in a s...
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Adjuster Pro - Florida Certified Adjuster Glossary Exam Questions and Answers
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Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...
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Michigan Life Insurance State Exam Solved 100% Correct
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Under a traditional IRA, interest is taxed: 
 
Only if withdrawn prior to age 59 1/2 
 
According to the capital gains rate 
 
Upon distribution 
 
During the accumulation phase - ANSWER-Upon distribution 
 
Which of these statements concerning Traditional IRAs is CORRECT? 
 
Earnings are not taxable when withdrawn 
 
Earnings are taxable when withdrawn 
 
Contribution are never tax deductible 
 
Contributions are always made by the employer - ANSWER-Earnings are taxable when withdrawn 
 
Wh...
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Test Bank for Dewits Medical Surgical Nursing Concepts and practice 4th Edition Stromberg all chapters 1-49 latest 2022-2023
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1.	Which statement accurately describes the primary purpose of the state nurse practice act (NPA)? 
a.	To test and license LPN/LVNs. 
b.	To define the scope of LPN/LVN practice. 
c.	To improve the quality of care provided by the LPN/LVN. 
d.	To limit the LPN/LVN employment placement. 
ANS: B 
While improving quality of care provided by the LPN/LVN may be a result of the NPA, the primary purpose of the NPA of each state defines the scope of nursing practice in that state. 
 
PTS: 1 	DIF:...
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MEDICAL SURGICAL NURSING CONCEPT & PRACTICE 4th EDITION DeWit TEST BANK | Chapter 1 - 55 | VERIFIED 2023-2024
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Chapter 01: Caring for Medical-Surgical Patients 
deWit: Medical-Surgical Nursing: Concepts & Practice, 4th Edition 
MULTIPLE CHOICE 
1. Which statement accurately describes the primary purpose of the state nurse practice act 
(NPA)? 
a. To test and license LPN/LVNs. 
b. To define the scope of LPN/LVN practice. 
c. To improve the quality of care provided by the LPN/LVN. 
d. To limit the LPN/LVN employment placement. 
ANS: B 
While improving quality of care provided by the LPN/LVN may be a result...
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CEBS GBA 2 Practice Exam 2023/2024 with 100% correct answers
- Exam (elaborations) • 33 pages • 2023
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According to the RAND Health Insurance Experiment, which variable has the greatest power in explaining health expenditures? 
 
A.) Welfare eligibility 
 B.) Prior utilization 
 C.) Physical health (based on self-reported measures) 
 D.) General health (based on self-reported measures) 
 E.) Mental health (based on self-reported measures) - correct answer B.) Prior utilization 
 
A provision in some group life insurance plans that provides for the payment of all or part of the death benefit...
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CSPR - Certified Specialist Payment Rep (HFMA) questions with correct answers
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CSPR - Certified Specialist Payment Rep (HFMA) questions with correct answers 
 
1.	Steps used to control costs of managed care include :Answer: Bundled codes Capitation 
Payer and Provider to agree on reasonable payment 
2.	DRG is used to classify:Answer: Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred 
3.	Identify the various types of private health plan coverage:Answer: HMO Conven...
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CSPR - Certified Specialist Payment Rep (HFMA) Questions With Complete Solutions
- Exam (elaborations) • 32 pages • 2023
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Steps used to control costs of managed care include: correct answer: Bundled codes 
Capitation 
Payer and Provider to agree on reasonable payment 
 
DRG is used to classify correct answer: Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred 
 
Identify the various types of private health plan coverage correct answer: HMO 
Conventional 
PPO and POS 
HDHP/SO plans - high-deductible hea...
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CRCR EXAM WITH CORRECT CHOICES, CERTIFIED AND VERRIFIED 2023-2024
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CRCR EXAM WITH CORRECT CHOICES, 
CERTIFIED AND VERRIFIED 
What are collection agency fees based on? - CORRECT ANSWER-A percentage of 
dollars collected 
Self-funded benefit plans may choose to coordinate benefits using the gender rule or 
what other rule? - CORRECT ANSWER-Birthday 
In what type of payment methodology is a lump sum or bundled payment negotiated 
between the payer and some or all providers? - CORRECT ANSWER-Case rates 
What customer service improvements might improve the patie...
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CEBS GBA 2 Practice Exam Questions
- Exam (elaborations) • 25 pages • 2023
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According to the RAND Health Insurance Experiment, which variable has the greatest power in explaining health expenditures? 
 
A.) Welfare eligibility 
 B.) Prior utilization 
 C.) Physical health (based on self-reported measures) 
 D.) General health (based on self-reported measures) 
 E.) Mental health (based on self-reported measures) - Answer- B.) Prior utilization 
 
A provision in some group life insurance plans that provides for the payment of all or part of the death benefit in the e...
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