Barter Is

question 155

Multiple Choice

Barter is

• A) another type of money.
• B) printing too much money.
• C) the exchange of goods and services directly for other goods and services.
• D) the exchange of goods and services for any type of money.

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Definitions:

Authorized Person's Signature

The signature of an individual who has been officially empowered to perform a particular action or represent a certain authority.

Administrative Simplification Compliance Act (ASCA)

Identifies limited situations where paper claim forms may be submitted for payment (rather than electronic submission); signed into law on December 27, 2001, as Public Law 107-105.

CMS-1500

A standard form used in the United States to submit healthcare claims to Medicare and Medicaid, as well as many private insurers and managed care organizations.

Third-Party Reimbursers

Entities that provide payment for healthcare services on behalf of beneficiaries, such as insurance companies.