Which of the following statements describes a major trend in the healthcare industry today?

Lesson 1 Quiz Review Insurance Billing & Coding

Quiz
•
Health Sciences
•
9th Grade
•
Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is an increase in hospital visits
Insurance companies are covering more services
There is a shift of payment responsibility from employers and insurance companies to patients
Employers are paying more for employee insurance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the work of insurance specialists an increasingly complex job?
Providers deal with only one type of insurance
Healthcare practices do not have to follow any regulations
The work is simple and straightforward
Healthcare practices work with managed care contracts, providers must follow federal and state regulations, and providers deal with many health plans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A practice's operating expenses are called __________.
Accounts receivable
Accounts payable
Revenue
Net income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the person who is the holder of the insurance policy?
Beneficiary
Provider
Policyholder
Insured party
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payments for covered services made to providers by health plans are called __________.
Co-pays
Premiums
Benefits
Deductions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A(n) __________ is an electronic or paper document that is filed to receive benefits.
Invoice
Prescription
Healthcare claim
Medical record
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount the insured must pay before a health plan's payment begins is called a(n) __________.
Premium
Co-pay
Deductible
Benefit
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