The Overall Purpose of HIPAA Transactions and Code Set Rule

question 32

Multiple Choice

The overall purpose of HIPAA Transactions and code set Rule is to:

• A) require that all claims be submitted in exactly the same electronic format.
• B) limit the number of methods that can be used for file encryption.
• C) standardize the electronic exchange of protected health information (PHI).
• D) authorize certain organizations to act as claims clearinghouses.

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Definitions:

Entitlement

A right granted by law or contract, especially to financial benefits from the government.

Bonus

An incentive payment that is supplemental to the base wage.

Base Wages

The initial or fundamental salary paid to an employee before any bonuses, benefits, or overtime are accounted for.

Lump-sum Merit Pay

A one-time payment given to an employee as a reward for performance, rather than a continuous salary increase.