Prior to the Enactment of the Balanced Budget Act (BBA)

question 159

Multiple Choice

Prior to the enactment of the Balanced Budget Act (BBA) of 1997, payment for Medicare-covered primary and acute care services was based on the adjusted average per capita cost (AAPCC) . The AAPCC is defined as the

• A) average cost of services delivered to all patients living in a specified geographic region
• B) actuarial value of the deductible and coinsurance amounts for basic Medicare-covered benefits
• C) fee-for-service amount that the Centers for Medicaid and Medicare Services (CMS) would pay for a Medicare beneficiary, adjusted for age, sex, and institutional status
• D) average fixed monthly fee paid by all Medicare enrollees in a specified geographic region

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Definitions:

MBCA

Model Business Corporation Act, a set of model laws implemented by some states to regulate the affairs of corporations.

Guth V. Loft

A notable court case dealing with corporate opportunity doctrine, establishing parameters for fiduciary duty and conflicts of interest within corporations.

Pepsi-Cola Syrup

A concentrated formula used to make Pepsi-Cola beverage, often mixed with carbonated water.

Usurped

The act of taking someone's power or property by force or without legal right.