Which of the Following Is NOT Required for Each Charge

question 32

Multiple Choice

Which of the following is NOT required for each charge on an insurance claim form?

• A) Procedure code
• B) Time of service
• C) Place of service
• D) Date(s) of service

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Definitions:

Syndicate

A group of individuals or organizations combined to promote some common interest, often in business or finance.

Joint Stock Company

A form of business organization in which capital is divided into shares owned by shareholders, who enjoy limited liability and whose investment in the company can be bought and sold.

Manager-Managed

A management structure typically used in a Limited Liability Company (LLC) where one or more appointed managers are responsible for the company's day-to-day operations, as opposed to being member-managed.

Limited Liability Company

A business organization strategy that harmonizes the limited liability advantage of a corporation with the taxation simplicity of a partnership or sole proprietorship.