Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

insurance claims

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Term
Definition
accept assignment   provider accepts as payment in full whatever is paid on the claim by the payer  
🗑
accounts receivable   the amount owed to a business for services or goods provided  
🗑
accounts receivable aging report   shows the status of outstanding claims from each payer, as well as payments due from patients  
🗑
accounts receivable management   assists providers in the collection of appropriate reimbursement for services rendered; such as insurance verifications/eligibility and preauthorization of services  
🗑
allowed charges   the maximum amount the payer will reimburse for each procedure or service, according to the patient's policy  
🗑
ANSI ASC X12   an electronic format standard that uses a variable length file format to process transactions for institutional, professional, dental, and drug claims  
🗑
appeal   documented as a letter, signed by the provider, explaining why a claim should be reconsidered for payment  
🗑
assignment of benefits   the provider receives reimbursement directly from the payer  
🗑
bad debt   account receivable that cannot be collected by the provider or a collection agency  
🗑
beneficiary   the person eligible to receive health care benefits  
🗑
birthday rule   determines coverage by primary and secondary policies when each parent subscribes to a different health insurance plan  
🗑
chargemaster   document contains computer generated list of procedures, services, and supplies with charges for each; chargemaster data are entered in the facility's patient account system, and charges are automatically posted to the patient's bill(UB-04)  
🗑
claims adjudication   comparing a claim to payer edits and the patient's health plan benefits to verify that the required information is available to process the claim; claim's not a duplicate; payer rules and procedures have been followed; procedures performed. services prov  
🗑
claims attachment   medical report substantiating a medical condition  
🗑
claims processing   sorting claims upon submission to collect and verify information about the patient and provider  
🗑
claims submission   the transmission of claims data to payers or clearinghouses for processing  
🗑
clean claim   a correctly completed standardized claim (CMS 1500 claim)  
🗑
clearinghouse   performs centralized claims processing for providers and health plans  
🗑
closed claim   claims for which all processing, including appeals, has been completed  
🗑
coinsurance   also called coinsurance payment, the percentage the patient pays for covered services after the deductible has been met and the copayment has been paid  
🗑
common data file   abstract of all recent claims file on each patient  
🗑
Consumer Credit Protection Plan Act of 1968   considered landmark legislation, launched truth in lending disclosures that required creditors to communicate the cost of borrowing money in common language, consumers could figure out charges, compare cost, shop for best credit deal  
🗑
coordination of benefits (COB)   provisions in health insurance policies that prevents multiple insurers from paying benefits covered by other policies; also specifies that coverage will be provided in a specific sequence when more than one policy covers the claim  
🗑
covered entity   private sector health plans, managed care organizations, ERISA covered health benefit plans, and governmental health plans, clearinghouses, and all health care providers that choose to submit/receive transactions electronically  
🗑
day sheet   called manual daily accounts receivable journal; chronically summary of all transactions posted to individual patient ledgers/ accounts on a specific day  
🗑
deductible   amount for which the patient is financially responsible before an insurance policy provides coverage  
🗑
delinquent account   account that has not been paid in a certain time frame  
🗑
delinquent claim   claim more that n 120 days past due  
🗑
delinquent claim cycle   advances through various aging periods  
🗑
downcoding   assigning lower level codes than documented in the record  
🗑
electronic data interchange (EDI)   computer to computer exchange of data between provider and payer  
🗑
electronic flat file format   series of fixed length records submitted to payers to bill for health care services  
🗑
electronic funds transfer (EFT)   system by which payers deposit funds to the provider's account electronically  
🗑
Electronic Funds Transfer Act   established the rights, liabilities , and responsibilities, of participants in electronic funds transfer system  
🗑
Electronic Healthcare Network Accreditation Commission (EHNAC)   organization that accredits clearinghouses  
🗑
electronic media claim   series of fixed self records submitted to payers to bill for health care services  
🗑
electronic remittance advice ( ERA)   remittance advice that is submitted to the provider electronically and contains same information as a paper based remittance advice; providers receive ERA more quickly  
🗑
encounter form   financial record source document used by providers and other personnel to record treated diagnoses and services rendered to the patient during the current encounter  
🗑
Equal Credit Opportunity Act   prohibits discrimination on the basis of race, color, religion, national origin, sec, marital status, age, receipt of public assistance, or good faith exercise of any rights under the Consumer Credit Protection Plan  
🗑
guarantor   person responsible for paying health care fees  
🗑
litigation   legal action to recover a debt; usually last resort for a medical practice  
🗑
manual daily accounts receivable journal   also called the day sheet; a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day  
🗑
noncovered benefit   any procedure or service reported on a claim that is not included on the payer's master benefit list, resulting in denial of the claim; also called noncovered procedure or uncovered benefit  
🗑
nonparticipating provider   does not contract with the insurance plan; patients who elect to receive care from nonPARs will incur higher out of pocket expenses  
🗑
open claim   submitted to the payer, but processing is not complete  
🗑
out of pocket payment    
🗑
outsource    
🗑
participating provider    
🗑
past due account    
🗑
patient account record   -  
🗑
patient ledger    
🗑
pre existing condition    
🗑
primary insurance    
🗑
secondary insurance    
🗑
source document    
🗑
superbill    
🗑
suspense    
🗑
two party check    
🗑
unassigned claim    
🗑
unauthorized service    
🗑
unbundling    
🗑
value added network    
🗑
   
🗑
   
🗑
   
🗑
   
🗑
   
🗑
   
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
To hide the entire table, click on the "Hide All" button.
 
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
 
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.

 
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: watson14
Popular Medical sets