Which of the Following Is a Payment Sent to the Provider

question 34

Multiple Choice

Which of the following is a payment sent to the provider after a claim has been adjudicated?

• A) Remittance
• B) Remittance advice
• C) Reimbursement
• D) Disbursement
• E) Contract allowance

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Definitions:

Push Approach

A business strategy in which a company attempts to take (push) its products to consumers, often even if the consumers are not actively seeking those products.

Brand Awareness

The degree to which customers recognize and understand the unique attributes or reputation of a specific brand's products or services.

Price-Oriented Promotions

Marketing strategies focused on attracting customers primarily through lower prices or discounts.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over competing ones, often influenced by positive experiences and perceptions.