Under Medicare Part B, All of the Following Statements Are

question 1553

Multiple Choice

under Medicare Part B, all of the following statements are true and are applicable to nonparticipating physician providers, EXCEPT

• A) providers must file all Medicare claims.
• B) nonparticipating providers have a higher fee schedule than that for participating providers.
• C) fees are restricted to charging no more than the "limiting charge" on nonassigned claims.
• D) collections are restricted to only the deductible and coinsurance due at the time of service on an assigned claim.

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Definitions:

Subscriptions Receivable-Common Stock

The amount owed to a company from subscribers who have committed to buy its common stock but have not yet paid.

Common Stock Subscribed

Temporary stockholders’ equity account that records at par value stock that has been subscribed to but not fully paid for.

Organization Expense

These are initial costs incurred in the process of starting a business, such as legal fees, state fees, and promotional expenses, which may be expensed or capitalized over time.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership share in a corporation.