Match Each Health Insurance Term with Its Definition

question 22

Multiple Choice

Match each health insurance term with its definition.
-Required by Medicare when a service is provided to a beneficiary who is either not covered or the provider is unsure of coverage

• A)advance beneficiary notice (ABN)
• B)carrier
• C)coordination of benefits (COB)
• D)fee disclosure
• E)fee schedule
• F)loss-of-income benefits
• G)participating provider
• H)patient status
• I)relative value units
• J)third-party payer

---

Definitions:

Maturity

Maturity indicates the date on which the principal or final payment is due to be paid on a loan, bond, or other financial instrument.

Sinking Fund

A fund that accumulates cash to pay off bonds when they are retired.

Interest Revenue

Income earned from lending money or investments in interest-bearing financial instruments.

Contract Rate

The interest rate stated in a contract, such as a loan or lease agreement.