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Health Insurance

HI chp 4

QuestionAnswer
What does the acronym EFT mean? Electronic Funds Transfer
What does the acronym PAR mean? Participating Provider
What does the acronym ERA mean? Electronic Remittance Advice
What does the acronym COB mean? Coordination of Benefits
What does the acronym EDI mean? Electronic Data Interchange
What is a claim called that contains all required data elements needed to process and pay the claim? Clean claim
What is it called when you submit multiple CPT codes when just one code should have been submitted? Unbundling
What is assigning lower-level codes than documented in the record? Downcoding
What means the provider agrees to accept what the insurance company allows or approves as payment in full for the claim? Accept Assignment
What means that the patient and/or insured authorizes the payer to reimburse the provider directly? Assignment of Benefits
Who is the person responsible for paying the charges for the encouter? Guarantor
Who contracts with a health insurance plan and accepts whatever the plan pays for procedures or services performed? PAR-Participating Provider
What is a provision in group health insurance policies intended to keep multiple insurers from paying benefits covered by other policies? COB-Coordination of Benefits
What in the life cycle of a claim is the transmission of claims data (electronically or manually) to payers or clearinghouses for processing? Claims submission
What in a life cycle of a claim involves sorting claims upon submission to collect and verify information about the patient and provider? Claims processing
What in the life cycle of a claim is the process when the claim is compared to payer edits and the patient's health plan benetits to verify various information? Claims adjudication
What is the financial record source document used by health care providers, in their offices, to record treated diagnoses and services rendered to the patient during the current encounter? Encounter form or Superbill
What is known as thepatient account record in a computerized system, is a permanent record of all financial transactions between the patient and the practice? Patient Ledger
What is a financial record source document used in the hospital? Chargemaster
What is the insurance plan responsible for paying healthcare insurance claims first? Primary insurance
What is a public or private entity that processes or facilitates the processing of nonstandard data elements into standard data elements? Clearinghouse
What is any medical condition that was diagnosed and/or treated within a specified period of time immediately preceding the enrollee's effective date of coverage? Pre-existing condition
Created by: YTIMBC on 2011-05-23




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