Match Each Term with the Correct Phrase Below

question 44

Multiple Choice

Match each term with the correct phrase below.

-hemophilus influenza B vaccine

• A)DtaP
• B)IPV
• C)HBIg
• D)OPV
• E)DT
• F)HiB
• G)MMRV
• H)MMR
• I)Td
• J)DTP

Distinguish between different forms (CMS-1450, CMS-1500) and their specific uses in the healthcare industry.

Comprehend the fees associated with using a clearinghouse for claims processing.

Familiarize with the terminology related to healthcare payment models, including third-party reimbursement.

Gain knowledge on how to file a third-party claim and the requirements for completing the CMS-1500 form accurately.

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Definitions:

Monthly Compounded

Refers to the process of adding interest to the principal sum of a loan or deposit, recalculated on a monthly basis. This is a repeat of Compounded Monthly with a new definition focusing on recalculating interest increase.

Compounded Monthly

Compounded monthly refers to the process where the interest earned on an investment is added to the principal sum each month, causing the principal amount to grow at an increasing rate.

Effective Rate

The actual interest rate an individual pays or earns on a loan or investment, taking into account the effects of compounding.

Compounded Semiannually

Refers to the process of calculating and adding interest to the principal balance of an investment or loan twice a year.