The Statement Mailed to the Patient Summarizing How the Insurance

question 31

Multiple Choice

The statement mailed to the patient summarizing how the insurance carrier determined the reimbursement is known as what?

• A)(COB) coordination of benefits
• B)(SOB) statement of benefits  
• C)(DOB) determinant of benefits
• D)(EOB) explanation of benefits

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Definitions:

Expected NPV

Projected Net Present Value; an estimation of a project's current value based on expected future cash flows discounted at the project's cost of capital.

Efficient Market

A financial market theory suggesting that asset prices fully reflect all available information, making it impossible to consistently achieve higher than average returns.

Insider Trading Laws

Regulations that prohibit the trading of a company's stocks or other securities by individuals with access to non-public, material information about the company.

Market Efficiency

The degree to which stock prices and other securities prices fully reflect all available information and are accurate reflections of the true value of investments.