This Information Is Printed on the UB-04 Claim Form to Represent

question 430

Multiple Choice

This information is printed on the UB-04 claim form to represent the cost center (e.g, lab, radiology, cardiology, respiratory, etc.) for the department in which the item is provided. It is used for Medicare billing.

• A) modifier
• B) revenue code
• C) charge code
• D) general ledger key

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Definitions:

Insured

A person or entity covered by an insurance policy, protecting against loss or damage from specific risks or incidents.

Insurance Agent

A professional who sells, solicits, or negotiates insurance policies on behalf of an insurance company or individual.

Loss Occurs

Refers to the moment when a financial loss happens due to an insured event.

Insurable Interest

A requirement that a person seeking to purchase insurance has a sufficient stake in the safety or preservation of the insured item or individual to obtain insurance coverage.