The Universal Health Insurance Paper Form for Submission of Outpatient

question 4

Multiple Choice

The universal health insurance paper form for submission of outpatient services is the:

• A)HCFA-1500
• B)CMS-1400
• C)CMS-1500
• D)CMS-1450 (UB-04)

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Definitions:

Average Fixed Costs

The total fixed expenses of a business divided by the quantity of units produced, decreasing as production increases.

Variable Costs

Variable Costs are expenses that change in direct proportion to the volume of output or activity in a business, such as materials and labor.

Average Fixed Costs

The fixed costs of production (costs that do not change with the level of output) divided by the quantity produced.