Bernie Ashby Travels Throughout the Country Representing the Cosgate Corporation

question 38

True/False

Bernie Ashby travels throughout the country representing the Cosgate Corporation Advertising Agency. He visits with major corporate accounts and has the authority to negotiate binding sales contracts. If Bernie creates a crime while pursuing his duties, the Cosgate Corporation will be held legally responsible for his actions even if they did not approve or support his illegal actions.

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Definitions:

Insurance Policy

A contract between an individual or entity and an insurance company, detailing the terms for the payment of claims in the case of loss or damage.

Balance Billing

Billing a patient for the difference between a higher usual fee and a lower allowed charge.

Allowed Charge

The amount that is the most the payer will pay any provider for each procedure or service.

Copayment

A fixed amount that a healthcare beneficiary pays for covered medical services, usually at the time of receiving the service.