Match the Following -The Position Whose Duties Include Reading Explanation of Benefits Documents

question 20

Multiple Choice

Match the following

-The position whose duties include reading Explanation of Benefits documents from insurance carriers and posting payments or adjustments to the appropriate accounts

• A) insurance verification representative
• B) cal collector
• C) refund specialist
• D) registered health information technician
• E) cal office assistant
• F) admitting clerk
• G) privacy compliance officer
• H) payment poster
• I) medical biller
• J) medical coder

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Definitions:

Amortization Schedule

a table detailing each periodic payment on an amortizing loan, showing the amount of principal and the amount of interest that comprise each payment so that the loan will be paid off by the end of its term.

Effective Rate

The actual interest rate earned or paid on an investment, loan, or other financial product, taking into account the effect of compounding.

Ordinary Interest

A method for calculating interest based on a 360-day year.

360-Day Year

A 360-day year is an accounting practice that treats each month as having 30 days, simplifying interest calculations in the financial industry.