Match the Following -The Amount a Covered Person Is Required to Pay at to Pay

question 101

Multiple Choice

Match the following
-The amount a covered person is required to pay at the time of service

• A) copayment
• B) participating provider
• C) capitation
• D) contracted services
• E) payer
• F) benefit plan
• G) coordination of benefits
• H) covered services
• I) nonparticipating provider
• J) covered person

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Definitions:

White Knight

A person or company making a favorable investment in or purchase of a company as a strategic defense against a hostile takeover.

Tender Offer

A public, open offer or invitation by a prospective acquirer to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a certain time.

Hostile Takeover

An acquisition attempt by one company of another that is resisted by the target company's management and board of directors.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with the care of money or property.