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MDAST 322 Chapter 12 Exam Graded A+

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MDAST 322 Chapter 12 Exam Graded A+ Nearly all of the provider's income is derived from the insurance payments received for services rendered. - Answer- True. Nearly all of the provider's income is derived from the insurance payments received for services rendered. Which part of Medicare covers prescription drug services? - Answer- D. Part D offers Medicare recipients the option of choosing, at a reduced cost, a plan that pays for prescription drugs with just a small copayment from the patient. Health insurance typically covers services and procedures considered medically necessary. Most insurance policies also cover "elective" procedures, such as certain cosmetic surgeries, that are not considered medically necessary. - Answer- False. Most health insurance plans do not cover "elective" procedures. An order from a primary care provider for the patient to see a specialist is a(n): - Answer- referral The amount of money the policyholder pays per claim before the insurance company will pay on the claim is known as the: - Answer- deductible A designated person who receives funds from an insurance policy is: - Answer- beneficiary A formal request for payment from an insurance company for services provided is: - Answer- claim Which of the following is not a disadvantage of managed care? - Answer- Authorized services usually are covered. Which of the following referrals can be approved online when it is submitted through the provider's web portal to the utilization review department? - Answer- STAT referral Organizations that fund their own insurance programs offer their employees: - Answer- self-funded plans The federal- and state-sponsored health insurance program for the medically indigent is called: - Answer- Medicaid Which type of referral is usually processed immediately? - Answer- STAT A review of individual cases by a committee to make sure that services are medically necessary is called a(n): - Answer- utilization review If Mr. Jones's insurance has a $500 deductible and then pays 80% of the charges, how much will his policy pay on his bill of $4,359? - Answer- $3087.20 There are no government managed care plans. - Answer- False Under which of the following Medicare plans for primary care and specialists' services is the patient required to pay a monthly premium? - Answer- Part B A provider can choose whether to accept Medicaid patients. Correct! - Answer- True The provider who enters into a contract with an insurance company and agrees to certain rules and regulations is called a ______ provider. - Answer- participating Which of the following managed care plans require preauthorization for medical services such as surgery? - Answer- All are correct A certain percentage of the allowed amount that the policyholder is responsible for is: - Answer- co-insurance. A type of insurance that protects workers from loss of wages after an industrial accident that happened on the job is called: - Answer- workers' compensation In some managed care plans referrals to a specialist must be approved by the: - Answer- gatekeeper A list of the fixed fees for services is a: - Answer- fee schedule A process required by some insurance carriers in which the provider obtains permission to perform certain procedures or services is: - Answer- preauthorization

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Institution
MDAST 322
Course
MDAST 322

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MDAST 322 Chapter 12 Exam Graded
A+
Nearly all of the provider's income is derived from the insurance payments received for
services rendered. - Answer- True. Nearly all of the provider's income is derived from
the insurance payments received for services rendered.

Which part of Medicare covers prescription drug services? - Answer- D. Part D offers
Medicare recipients the option of choosing, at a reduced cost, a plan that pays for
prescription drugs with just a small copayment from the patient.

Health insurance typically covers services and procedures considered medically
necessary. Most insurance policies also cover "elective" procedures, such as certain
cosmetic surgeries, that are not considered medically necessary. - Answer- False. Most
health insurance plans do not cover "elective" procedures.

An order from a primary care provider for the patient to see a specialist is a(n): -
Answer- referral

The amount of money the policyholder pays per claim before the insurance company
will pay on the claim is known as the: - Answer- deductible

A designated person who receives funds from an insurance policy is: - Answer-
beneficiary

A formal request for payment from an insurance company for services provided is: -
Answer- claim

Which of the following is not a disadvantage of managed care? - Answer- Authorized
services usually are covered.

Which of the following referrals can be approved online when it is submitted through the
provider's web portal to the utilization review department? - Answer- STAT referral

Organizations that fund their own insurance programs offer their employees: - Answer-
self-funded plans

The federal- and state-sponsored health insurance program for the medically indigent is
called: - Answer- Medicaid

Which type of referral is usually processed immediately? - Answer- STAT

A review of individual cases by a committee to make sure that services are medically
necessary is called a(n): - Answer- utilization review

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MDAST 322

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