Ch 15: True and False Flashcards
Keys to Successful Claims Management
T/F: Ultimately, it is the patient’s responsibility to know when and how to notify the insurance company for preauthorization or precertification
True
T/F: Medicare (fee-for-service) does not need prior authorization to provide covered services
True
T/F: It is the health insurance professional’s responsibility to document appropriate comments in the patient’s medical record that pertain to his or her health
False
T/F: One of the main changes in the revised CMS-1500 (02/12) claim form is the expansion from 4 diagnostic codes to 12 in Block 21
True
T/F: All major government payers have the same guidelines for completing the CMS-1500 claim form
False
T/F: The medical practice should have a mechanism in place for tracking claims
True
T/F: Claims follow-up does not warrant high priority in a busy medical office
False
T/F: When dealing with Medicare and Medicaid, claims inquiries must be in writing
True
T/F: The third-party payer sends an EOB only if a payment accompanies the document
False
T/F: EOBs can be in electronic or paper format
True
T/F: When an insurance claim is denied, the health insurance professional cannot pursue the claim further
False
T/F: Often, if a claim is reduced or rejected, the problem lies with the provider’s office
True
T/F: Coding accurately and knowing which coding systems payers use help avoid payment errors on claims
True
T/F: If the claims adjuster changes a valid procedure code that was submitted on the claim, the health insurance professional must accept the change
False
T/F: Correct code initiative edits are intended to reduce overpayments that result from improper coding
True
T/F: All participating (PAR) providers are allowed to bill the patient for any balance the insurance carrier does not pay
False
T/F: The provider cannot waive Medicare co-payments unless financial hardship has been established and documented
True
T/F: All third-party payers have a 30-day time limit for claims to be submitted if they are to be considered for payment
False
T/F: Government payers usually will pay a claim even if the time limit for claim submission has been exceeded
False
T/F: The time limit for filing appeals varies from carrier to carrier
True
T/F: When a patient has other insurance coverage primary to Medicare, the other insurer’s payment information must be included on the Medicare claim
True
T/F: The total amount of money collected divided by the total amount charged is referred to as the collection ratio
True
T/F: HIPAA requires all payers to use the applicable healthcare claims status category codes and claim status codes
True
T/F: One way of optimizing the billing and claims process is to ask patients to wait to pay until they receive a statement in the mail
False
T/F: If all efforts of appeal are exhausted without success, a remaining option is to contact the state insurance commissioner’s office
True