A Basis Point Is ________

question 6

Multiple Choice

A basis point is ________.

• A) 1.00%
• B) 0.10%
• C) 0.01%
• D) none of the above

---

Definitions:

Medical Coder

A health profession responsible for converting diagnoses, procedures, medical services, and equipment into universal medical alphanumeric codes.

Maximum Reimbursement

The highest amount that an insurance plan will pay for a covered healthcare service, after which the patient may be responsible for the remaining costs.

Ophthalmology

The branch of medicine that specializes in the anatomy, functions, and diseases of the eye.

Sonographer

A healthcare professional specialized in using ultrasound equipment to create images or conduct tests for medical diagnostic purposes.