If a Physician's Office Provides Services That Are Excluded from an Insurance

question 44

Short Answer

If a physician's office provides services that are excluded from an insurance policy, the:
A)patient must pay 100% of the cost.
B)insurance carrier will pay 100% of the cost.
C)physician must write off the charges.
D)patient must pay 80% of the cost after a deductible.

• A)patient must pay 100% of the cost.
• B)insurance carrier will pay 100% of the cost.
• C)physician must write off the charges.
• D)patient must pay 80% of the cost after a deductible.

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Definitions:

Client-Visits

Instances where a company's representatives meet with clients or potential clients, often to discuss business, maintain relationships, or sell products and services.

Net Operating Income

The profit generated from a company's operational activities, excluding non-operational revenues and expenses.

Flexible Budget

An evolving budget that adjusts to differences in volume or the degree of activity.

Tenant-Days

A metric used in real estate to measure the total number of days tenants occupy a space, often used in the management of rental properties.