Free Medical Insurance Billing Question and Answers

Question 1

A periodic payment made to keep an insurance coverage active is referred to as ________.

Accepted Answer

Premium

Answer

Time limit

Answer

Fee-for-service

Answer

Coinsurance

Question 2

An amount that the insured must pay before receiving policy benefits is referred to as _________.

Accepted Answer

Deductible

Answer

Extended benefits

Answer

Catastrophic

Answer

Indemnity

Question 3

The_________________ is the person who speaks on behalf of either party in an insurance claim.

Accepted Answer

Adjuster

Answer

Provider

Answer

Doctor

Answer

Subscriber

Question 4

To properly code in the section, you will need to be familiar with the information in these.

Accepted Answer

Guidelines

Answer

Glossary

Answer

Notes

Answer

Appendices

Question 5

A(n)_______________ is a person or organization that provides medical care.

Accepted Answer

Provider

Answer

Insurance agent

Answer

Adjuster

Answer

Third-party payer

Question 6

A(n)_______________ is the name of the request for payment made under an insurance contractor bond.

Accepted Answer

Claim

Answer

Insurance application

Answer

Total disability

Answer

Dual choice request

Question 7

A(n)_______________ is the name of a company that provides health insurance for a set monthly cost with little to no deductible and through a primary care physician.

Accepted Answer

Health maintenance organization

Answer

Private health provider

Answer

Member physician

Answer

Preferred provider