1. What is the difference between co-pay and coinsurance? a. They mean the same thing and used by insurance companies interchangebly b. Coinsurance is a percentage and copay is a set amount c. Copay is a percentage and coinsurance is a set amount d. Coinsurance is the term used only for Medicare patients 2. What is capitation? a. Pre-established payments to providers for enrollees over a period of time, whether the patient is seen or not by the provider b. Payment for services rendered by providers and based many times on Medicare fee schedules c. Services that all inclusive for a procedure, typically 10, 30 or 90 days d. Health insurance plans that include preventive services
1. What is the difference between co-pay and coinsurance? a. They mean the same thing and used by insurance companies interchangebly b. Coinsurance is a percentage and copay is a set amount c. Copay is a percentage and coinsurance is a set amount d. Coinsurance is the term used only for Medicare patients 2. What is capitation? a. Pre-established payments to providers for enrollees over a period of time, whether the patient is seen or not by the provider b. Payment for services rendered by providers and based many times on Medicare fee schedules c. Services that all inclusive for a procedure, typically 10, 30 or 90 days d. Health insurance plans that include preventive services
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter15: Preparing Adjusting Entries And A Trial Balance
Section15.1: Planning Adjusting Entries
Problem 4AYU
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