CSPR - CERTIFIED SPECIALIST PAYMENT REP (HFMA) |
TOP SCORES MADE SIMPLE | TRUSTED TEST
SOLUTIONS!
QUALITY CONTENT YOU CAN RELY ON!
Steps used to control costs of managed care include: Answer: Bundled codes
Capitation
Payer and Provider to agree on reasonable payment
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
Identify the various types of private health plan coverage Answer: HMO
Conventional
PPO and POS
HDHP/SO plans - high-deductible health plans with a savings option; Private - Include
higher patient out-of-pocket expenditures for treatments that can serve to reduce
utilization/costs.
Managed care organizations (MCO) exist primarily in four forms: Answer: Health
Maintenance Organizations (HMO)
Preferred Provider Organizations (PPO)
Point of Service (POS) Organizations
Exclusive Provider Organizations (EPO)
Identify the various types of government‐sponsored health coverage: Answer: Medicare -
Government; Beneficiaries enrolled in such plans, but, participation in these
plans is voluntary.
Medicaid
Medicaid Managed Care - Medicaid beneficiaries are required to select and enroll in a
managed care plan.
Medicare Managed Care (a.k.a. Medicare Advantage Plans)
1
APPHIA - Crafted with Care and Precision for Academic Excellence.
,Identify some key drivers of increasing healthcare costs Answer: Demographics
Chronic Conditions
Provider payment systems - Provider payment systems that are designed to reward volume
rather than quality, outcomes, and prevention
Consumer Perceptions
Health Plan pressure
Physician Relationships
Supply Chain
Health Maintenance Organizations (HMO) Answer: Referrals
PCP
Patients must use an in-network provider for their services to be covered.
Reimbursement - majority of services offered are reimbursed through capitation payments
(PMPM)
Medicare is composed of four parts: Answer: Part A - provides inpatient/hospital, hospice,
and skilled nursing coverage
Part B - provides outpatient/medical coverage
Part C - an alternative way to receive your Medicare benefits (known as Medicare
Advantage)
Part D - prescription drug coverage
HMO Act of 1973 Answer: The HMO Act of 1973 gave federally qualified HMOs the right to
mandate that employers offer their product to their employees under certain conditions.
Mandating an employer meant that employers who had 25 or more employees and were
for‐profit companies were required to make a dual choice available to their employees.
Which of the following statements regarding employer-based health insurance in the
United States is true? Answer: The real advent of employer-based insurance came through
Blue Cross, which was started by hospital associations during the Depression.
The Health Maintenance Organization (HMO) Act of 1973 gave qualified HMOs the right to
"mandate" an employer under certain conditions, meaning employers: Answer: Would
have to offer HMO plans along side traditional fee-for-service medical plans.
2
APPHIA - Crafted with Care and Precision for Academic Excellence.
, Which of the following is an anticipated change in the relationships between consumers
and providers? Answer: Providers will face many new service demands and consumers will
have virtually unfettered access to those services
What transition began as a result of the March 2010 healthcare reform legislation? Answer:
A transition toward new models of health care delivery with corresponding changes system
financing and provider reimbursement.
Which statement is false concerning ABNs? Answer: ABN began establishing new
requirements for managed care plans participating in the Medicare program.
Which Statement is TRUE concerning ABNs? Answer: -ABNs are not required for services
that are never covered by Medicare.
-An ABN form notifies the patient before he or she receives the service that it may not be
covered by Medicare and that he or she will need to pay out of pocket.
-Although ABNs can have significant financial implications for the physician, they also
serve an important fraud and abuse compliance function.
What is the overall function of Medicaid? Answer: The pay for medical assistance for
certain individuals and low-income families
Medical Cost Ratio (MCR) or Medical Loss Ratio (MLR) is defined as: Answer: Total Medical
Expenses divided by Total Premiums
Provider service organizations (PSOs) function like health maintenance organizations
(HMOs) in all of the following ways, EXCEPT: Answer: Ties to the healthcare delivery
industry rather than the insurance industry
Provider service organizations (PSOs) function like health maintenance organizations
(HMOs) in all of the following ways: Answer: -Risk pooling
-Capitalization
-Network management
Which of the following is a service provided by a well-managed third-party administrator
(TPA)? Answer: -Administrative
-Utilization review (UR)
-Claims processing
3
APPHIA - Crafted with Care and Precision for Academic Excellence.
TOP SCORES MADE SIMPLE | TRUSTED TEST
SOLUTIONS!
QUALITY CONTENT YOU CAN RELY ON!
Steps used to control costs of managed care include: Answer: Bundled codes
Capitation
Payer and Provider to agree on reasonable payment
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
Identify the various types of private health plan coverage Answer: HMO
Conventional
PPO and POS
HDHP/SO plans - high-deductible health plans with a savings option; Private - Include
higher patient out-of-pocket expenditures for treatments that can serve to reduce
utilization/costs.
Managed care organizations (MCO) exist primarily in four forms: Answer: Health
Maintenance Organizations (HMO)
Preferred Provider Organizations (PPO)
Point of Service (POS) Organizations
Exclusive Provider Organizations (EPO)
Identify the various types of government‐sponsored health coverage: Answer: Medicare -
Government; Beneficiaries enrolled in such plans, but, participation in these
plans is voluntary.
Medicaid
Medicaid Managed Care - Medicaid beneficiaries are required to select and enroll in a
managed care plan.
Medicare Managed Care (a.k.a. Medicare Advantage Plans)
1
APPHIA - Crafted with Care and Precision for Academic Excellence.
,Identify some key drivers of increasing healthcare costs Answer: Demographics
Chronic Conditions
Provider payment systems - Provider payment systems that are designed to reward volume
rather than quality, outcomes, and prevention
Consumer Perceptions
Health Plan pressure
Physician Relationships
Supply Chain
Health Maintenance Organizations (HMO) Answer: Referrals
PCP
Patients must use an in-network provider for their services to be covered.
Reimbursement - majority of services offered are reimbursed through capitation payments
(PMPM)
Medicare is composed of four parts: Answer: Part A - provides inpatient/hospital, hospice,
and skilled nursing coverage
Part B - provides outpatient/medical coverage
Part C - an alternative way to receive your Medicare benefits (known as Medicare
Advantage)
Part D - prescription drug coverage
HMO Act of 1973 Answer: The HMO Act of 1973 gave federally qualified HMOs the right to
mandate that employers offer their product to their employees under certain conditions.
Mandating an employer meant that employers who had 25 or more employees and were
for‐profit companies were required to make a dual choice available to their employees.
Which of the following statements regarding employer-based health insurance in the
United States is true? Answer: The real advent of employer-based insurance came through
Blue Cross, which was started by hospital associations during the Depression.
The Health Maintenance Organization (HMO) Act of 1973 gave qualified HMOs the right to
"mandate" an employer under certain conditions, meaning employers: Answer: Would
have to offer HMO plans along side traditional fee-for-service medical plans.
2
APPHIA - Crafted with Care and Precision for Academic Excellence.
, Which of the following is an anticipated change in the relationships between consumers
and providers? Answer: Providers will face many new service demands and consumers will
have virtually unfettered access to those services
What transition began as a result of the March 2010 healthcare reform legislation? Answer:
A transition toward new models of health care delivery with corresponding changes system
financing and provider reimbursement.
Which statement is false concerning ABNs? Answer: ABN began establishing new
requirements for managed care plans participating in the Medicare program.
Which Statement is TRUE concerning ABNs? Answer: -ABNs are not required for services
that are never covered by Medicare.
-An ABN form notifies the patient before he or she receives the service that it may not be
covered by Medicare and that he or she will need to pay out of pocket.
-Although ABNs can have significant financial implications for the physician, they also
serve an important fraud and abuse compliance function.
What is the overall function of Medicaid? Answer: The pay for medical assistance for
certain individuals and low-income families
Medical Cost Ratio (MCR) or Medical Loss Ratio (MLR) is defined as: Answer: Total Medical
Expenses divided by Total Premiums
Provider service organizations (PSOs) function like health maintenance organizations
(HMOs) in all of the following ways, EXCEPT: Answer: Ties to the healthcare delivery
industry rather than the insurance industry
Provider service organizations (PSOs) function like health maintenance organizations
(HMOs) in all of the following ways: Answer: -Risk pooling
-Capitalization
-Network management
Which of the following is a service provided by a well-managed third-party administrator
(TPA)? Answer: -Administrative
-Utilization review (UR)
-Claims processing
3
APPHIA - Crafted with Care and Precision for Academic Excellence.
