HCPCS Level II National Codes Are Used in Claims Submitted

question 19

Multiple Choice

HCPCS Level II national codes are used in claims submitted to:

• A) public insurers only.
• B) private insurers only.
• C) public and private insurers.
• D) self-funded plans only.

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Definitions:

Fixed Expenses

Fixed expenses that are unaffected by the volume of manufacturing or sales activities, and include items like rental costs, employee salaries, and premiums for insurance.

Monthly Advertising Budget

The allocated amount of spending for advertising activities planned for a month.

Net Operating Income

The total profit of a company after operating expenses are subtracted from gross profit but before interest and taxes.

Sales Volume

The total number of units of a product or service sold during a specific period.