When It Is Likely That Medicare Will Not Pay for a Service

question 50

Multiple Choice

When it is likely that Medicare will not pay for a service or procedure that Medicare ordinarily covers but is likely to be denied on this particular occasion,the patient should be asked to sign a/an:

• A) ABN.
• B) CMS-1500.
• C) release of information.
• D) assignment of benefits.

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Definitions:

Matched By Employer

Contributions made by an employer towards a benefit scheme (e.g., pension, health insurance) that match the contributions made by employees.

Warranty Expense

The cost that a company anticipates or incurs to repair, replace, or compensate for a faulty product under warranty.

Warranty Repairs

Services offered for free by manufacturers or sellers to fix defects or issues in sold products within a specified period.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period, illustrating the company's financial performance.