Before Certain Procedures or Visits Can Be Made, Some Insurance

question 7

Multiple Choice

Before certain procedures or visits can be made, some insurance policies require which of the following?

• A)Preauthorization
• B)Predetermination  
• C)Preregistration
• D)Claim review

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Definitions:

Interest Rates

The percentage charged on a loan or paid on savings, effectively the price of capital.

Microeconomics

The study of economic behavior and decision-making by individuals and firms, focusing on the mechanisms that govern the allocation of resources.

Individual Consumers

Individuals who purchase goods and services for personal use from the market.

Interest Rates

The percentage of a sum of money charged for its use, reflecting the cost of borrowing or the return on savings.