INSURANCE STUDY GUIDE CHAPTER 5 INSURANCE
COURSE 2025/2026 | VERIFIED QUESTIONS AND
ANSWERS GRADED A+ | INSURANCE PRINCIPLES &
POLICY STUDY GUIDE | GUARANTEED SUCCESS
Routine annual physical examinations are reported using which type of E/M
codes? - CORRECT ANSWER - Preventative Medicine Services codes
Codes in CPT's Anesthesia section generally cover:
Preoperative evaluation and planning | Care during the procedure | Routine
postoperative care - CORRECT ANSWER - All of these
CPT codes from the Anesthesia section have two types of modifiers: -
CORRECT ANSWER - Standard CPT modifiers and physical status modifiers
Which section of CPT codes is the physical status modifier, such as P1 for
normal, healthy patient, exclusively used with? - CORRECT ANSWER -
Anesthesia
Under CPT guidelines, all services related to a surgical procedure are not
additionally reimbursed: - CORRECT ANSWER - During the global period
What was set up to give healthcare providers a coding system that describes
specific products, supplies, and services that patients receive? - CORRECT
ANSWER - HCPCS
Durable medical equipment (DME) such as wheelchairs covered by the
Medicare program are reported using? - CORRECT ANSWER - HCPCS
codes
, HCPCS Level II codes have: - CORRECT ANSWER - Five characters
HCPCS Level II codes begin with: - CORRECT ANSWER - An alphabetic
character
The following group identifies services for which new HCPCS level II codes
are needed: - CORRECT ANSWER - CMS HCPCS Workgroup
When a medical practice receives a revised edition of CPT, what activities
should follow?
Update encounter forms | Update patient billing software | Educate medical
professional staff - CORRECT ANSWER - All of these
Level I codes in HCPCS are: - CORRECT ANSWER - The CPT codes
Select the correct modifier: The physician performed a carpal tunnel release on
the right and left median nerves during the same operative session. -
CORRECT ANSWER - -50 Bilateral services
Select the correct modifier: A graft was performed 10 days following an
allograft application to allow the underlying tissues time to heal. The surgeon
knows at the time of the allograft that the grafting will be performed within 10
to 15 days. - CORRECT ANSWER - -58 Staged procedure
Select the correct modifier: The chest X-ray was performed before placing a
chest tube and then again after the chest tube placement to verify the position. -
CORRECT ANSWER - -76 Repeat procedure
Select the correct modifier: A radiologist reads and prepares a written report for
a frontal and lateral chest X-ray. - CORRECT ANSWER - -26 Professional
component
COURSE 2025/2026 | VERIFIED QUESTIONS AND
ANSWERS GRADED A+ | INSURANCE PRINCIPLES &
POLICY STUDY GUIDE | GUARANTEED SUCCESS
Routine annual physical examinations are reported using which type of E/M
codes? - CORRECT ANSWER - Preventative Medicine Services codes
Codes in CPT's Anesthesia section generally cover:
Preoperative evaluation and planning | Care during the procedure | Routine
postoperative care - CORRECT ANSWER - All of these
CPT codes from the Anesthesia section have two types of modifiers: -
CORRECT ANSWER - Standard CPT modifiers and physical status modifiers
Which section of CPT codes is the physical status modifier, such as P1 for
normal, healthy patient, exclusively used with? - CORRECT ANSWER -
Anesthesia
Under CPT guidelines, all services related to a surgical procedure are not
additionally reimbursed: - CORRECT ANSWER - During the global period
What was set up to give healthcare providers a coding system that describes
specific products, supplies, and services that patients receive? - CORRECT
ANSWER - HCPCS
Durable medical equipment (DME) such as wheelchairs covered by the
Medicare program are reported using? - CORRECT ANSWER - HCPCS
codes
, HCPCS Level II codes have: - CORRECT ANSWER - Five characters
HCPCS Level II codes begin with: - CORRECT ANSWER - An alphabetic
character
The following group identifies services for which new HCPCS level II codes
are needed: - CORRECT ANSWER - CMS HCPCS Workgroup
When a medical practice receives a revised edition of CPT, what activities
should follow?
Update encounter forms | Update patient billing software | Educate medical
professional staff - CORRECT ANSWER - All of these
Level I codes in HCPCS are: - CORRECT ANSWER - The CPT codes
Select the correct modifier: The physician performed a carpal tunnel release on
the right and left median nerves during the same operative session. -
CORRECT ANSWER - -50 Bilateral services
Select the correct modifier: A graft was performed 10 days following an
allograft application to allow the underlying tissues time to heal. The surgeon
knows at the time of the allograft that the grafting will be performed within 10
to 15 days. - CORRECT ANSWER - -58 Staged procedure
Select the correct modifier: The chest X-ray was performed before placing a
chest tube and then again after the chest tube placement to verify the position. -
CORRECT ANSWER - -76 Repeat procedure
Select the correct modifier: A radiologist reads and prepares a written report for
a frontal and lateral chest X-ray. - CORRECT ANSWER - -26 Professional
component
