The Act That Addresses the Prevention of Healthcare Fraud and Abuse

question 61

Multiple Choice

The act that addresses the prevention of healthcare fraud and abuse of patients eligible for Medicare and Medicaid benefits is the:

• A) Fraud and Abuse Act.
• B) Federal Privacy Act of 1974.
• C) Federal Omnibus Budget Reconciliation Act of 1980.
• D) Tax Equity and Fiscal Responsibility Act of 1982.

---

Definitions:

Strike Price

The pre-determined price at which the holder of an option can buy (in the case of a call option) or sell (in case of a put option) the underlying asset.

Market Price

The prevailing selling or buying price of a service or asset in the market.

Break-Even Price

The price at which total revenues equal total costs, and the business or investor neither makes a profit nor incurs a loss.

Put

An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time.