Choose the Word or Phrase in [ ] Which Will

question 45

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-A coordination of benefits provision in a health care policy would [aid | prohibit] collecting more than 100 percent of covered charges by collecting benefits in multiple payments for health care.

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Definitions:

Profit

The financial gain derived from a transaction or the operation of a business after subtracting expenses.

Inter-Entity Transactions

Transactions that occur between two divisions within the same company, often used for the purpose of allocating costs or revenues between those divisions.

NCI Adjustment

Adjustments made to account for the non-controlling interest's share in the equity of a subsidiary.

Profit

The financial benefit realized when revenue generated from business activities exceeds the expenses and costs.