The Maximum Amount of Money Third-Party Payers Will Pay for a Specific

question 26

Multiple Choice

The maximum amount of money third-party payers will pay for a specific procedure or service is called the

• A) benefit.
• B) allowable amount.
• C) allowed service.
• D) incurred amount.

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Definitions:

Common Language

A language used by various groups as a means of communication, bridging linguistic differences.

Data Management

The practice of collecting, keeping, and using data securely, efficiently, and cost-effectively.

Talking Title

A headline or title that effectively communicates the main message or subject in a conversational manner.

Descriptive Title

A succinct and informative title that describes the content or main theme of a document, presentation, or work.