Copayment Study guides, Class notes & Summaries

All Practice Exam Questions - Life, Accident and Sickness - GA State License with 100% Correct Solutions 100% - Correct Answer ️️ -How much participation does a Noncontributory plan require? constructive delivery - Correct Answer ️️ -The insured hands control of the policy to another person (usually the agent) beneficiary change can be made by doing what? - Correct Answer ️️ -Filing a request with the insurer - Recording Method, or by endorsement Entire Contract Provision - C...

What is the term for the total amount of covered medical expenses a policyholder must pay each year out-of-pocket before the health insurance company begins to pay any benefits? A. Copayment B. Deductible C. Secondary Payment D. Coinsurance - correct answer B. Deductible Which type of insurance covers physicians and other healthcare professionals for liability as to claims arising from patient treatment? A. Business liability B. Bonding C. Medical malpractice D. Workers...

All Practice Exam Questions - Life, Accident and Sickness - GA State License Exam Questions and Answers How much participation does a Noncontributory plan require? - Correct Answer ️️ - 100% The insured hands control of the policy to another person (usually the agent) - Correct Answer ️️ -constructive delivery Filing a request with the insurer - Recording Method, or by endorsement - Correct Answer ️️ -beneficiary change can be made by doing what? The application is part of t...

Advance Beneficiary Notice (ABN) A form provided to the patient when the provider believes Medicare will probably not pay for services received Allowed Amount The maximum amount a third-party payer will pay for a particular procedure or service Copayment a small fixed fee paid by the patient at the time of an office visit Coinsurance a provision under which both the insured and the insurer share the covered losses, typically 80:20 deductible specific amount of money a patient must pay out...

HOM 5307 Exam 2 What technique is used by many pharmaceutical companies with health plans and PBMs to increase formulary access and utilization of specific products? A- Rebates for preferred formulary position B- Health economic data, including a growing number of head-to-head clinical trials C- Member copayment coupons to offset copayment D- All the above - D- all of the above T/F Recent legislation encourages separate lifetime limits for behavioral care. - false T/F The...

NHA Pharmacy Exam Question and answers 2024 verified to passCoinsurance - correct answer Patients pay specified percentage of their Rx expenses Deductible - correct answer Patient pays for all of their Rx expenses until a specified dollar amount has been paid for out-of-pocket Copayment - correct answer Patients pay a specified dollar amount for every Rx received DAW code 0 - correct answer No product selection indicated DAW code 1 - correct answer Substitution not allowed ...

which oft he following is a characteristic of preferred provider org (PPO) A: prearranged costs for services rendered B: providers receive a flat montlyh amount for each user C: ability to receive care at the same cost from any provider D: emergency treatment is restricted to pre-select hospitals - Answer- A: prearranged costs for services rendered how do most disability policies handle the case of a recurrent disability at least 90 days after the first claim: A: it is handled as a conti...

NC Medicare/LTC Exam Questions and Answers Latest Update 2024/2025 | 100% Correct | GRADED A+. Home health care covers occasional visits from who? Registered nurses, licensed practical nurses, community-based professionals (like hospice). **Does NOT cover visits from attending physicians. Programs that are provided to people who are too poor to qualify for Medicaid. State-only Medicaid programs LTC provision that provides a guarantee that certain policy benefits will remain available even i...

Coinsurance - ANSWER Patients pay specified percentage of their Rx expenses Deductible - ANSWER Patient pays for all of their Rx expenses until a specified dollar amount has been paid for out-of-pocket Copayment - ANSWER Patients pay a specified dollar amount for every Rx received DAW code 0 - ANSWER No product selection indicated DAW code 1 - ANSWER Substitution not allowed by prescriber DAW code 2 - ANSWER Substitution allowed - patient requested product DAW code 3 - ANSWER S...