click below
click below
Normal Size Small Size show me how
Insurance Billing
Insurance Billing YCST Chapters 9 and 10 Terms and Abbreviations
| Question | Answer |
|---|---|
| A/R | Accounts receivable |
| CMS | Centers for Medicare and Medicaid Services |
| EOB | Explanation of Benefits |
| FEHBA | Federal Employee Health Benefit Act |
| FTC | Federal Trade Commission |
| NC | No charge |
| NSF | Nonsufficient funds or not sufficient funds |
| RA | Remittance advice |
| TILA | Truth in Lending Act |
| W2 | Wage and tax statement |
| What is the total amount of money owed for professional services rendered? | Accounts receivable |
| What is a document detailing services billed and describing payment determinations? | EOB |
| What is a list of charges or established allowances for specific medical services and procedures? | Fee schedule |
| What is a detailed summary of all transactions of a patient's account? | Itemized statement |
| What is another word for payment? | Reimbursement |
| What is a document detailing services billed and describing payment determination issued to Medicare and Medicaid providers? | Remittance advice |
| What is a time limit established for filing lawsuits? | Statute of limitations |
| What are assets or debts that have been determined to be uncollectible and are therefore adjusted off the accounting books as a loss? | Write-off |