The Most Cost-Effective Way of Submitting Claims When Submitting Primarily

question 26

Multiple Choice

The most cost-effective way of submitting claims when submitting primarily to one carrier is by using:

• A) direct data entry (DDE).
• B) a claims clearinghouse.
• C) a fiscal intermediary (FI).
• D) United States mail.

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Definitions:

Par Value

The face value of a security as stated by the issuing company, which may or may not reflect its market value.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities.

Book Value Per Share

The equity available to common shareholders divided by the number of outstanding shares.

Dividends

Payments made by a corporation to its shareholder members, representing a portion of the corporate profits distributed among shareholders.