| Vocabulary | Health Care Plans | Insurance in General | Working in the Medical Insurance Field | Mixture | 
|---|---|---|---|---|
| 
					  What is a Schedule of benefits					 
					 What is a list of the medical services covered by an insurance policy | 
					  After					 
					 What is a fee for service payment made before or after services are provided? | 
					  Before patient visit					 
					 When is capitation payed? | 
					  Office manager					 
					 Who commonly heads administrative staff? | 
					  Collection process					 
					 If a patient payment is later than permitted under the financial policy of the practice what may be started | 
| 
					  Electronic health record (EHR)					 
					 A computerized lifelong healthcare record for an individual that incorporates data from all sources that provide treatment for the individual | 
					  Indemnity Managed Care 
					 What are the two types of health care plans? | 
					  1. Clinics 2. Practices 3. Insurance Companies 4. Hospitals 5. Nursing Homes 
					 Medical insurance specialists are employed mostly in what five places? | 
					  Pleasant tone, friendly attitude, helpful manner					 
					 What skills do effective communicators posses? | 
					  Percentage of a charge					 
					 Coinsurance is calculated based on: | 
| 
					  Preferred provider organization (PPO)					 
					 What is a managed care network of providers under contract to provide services at discounted fees | 
					  1. Medically necessary 2. Premium 3. Deductible 4. Coinsurance 
					 What four conditions must be met before the insurance company makes a payment for an indemnity claim? | 
					  Combine financing and delivery of healthcare services.					 
					 What is the goal of a managed care plan? | 
					  The movement of monies into or out of a business					 
					 What does it mean to manage cash flow? | 
					  After the encounter and after the payers payment is posted					 
					 When a patient has insurance coverage for which the practice will create a claim, the patients bill is due when? | 
| 
					  Indemnity					 
					 What is a health plan that protects beneficiaries against losses | 
					  1. health maintenance organization 2. point of service plan 3. preferred provider organization 4. consumer driven health plans 
					 List the four basic types of managed care plans. | 
					  1. Analyze charges and coverages 2. Process payments 3. Collect payments 
					 Three main job functions of medical insurance specialists are: | 
					  Nearly 20; some with more than 80					 
					 How many health plans does the average practice work? | 
					  TRICARE, CHAMVA, Medicare, and Medicade					 
					 The major government sponsored health programs are: | 
| 
					  Coinsurance					 
					 What is the percentage of each claim that an insured person must pay | 
					  1. Restricting patients choice 2. Requiring pre-authorization for services 3. Controlling the use of services 4. Controlling drug costs 5. Cost sharing 
					 What five methods does an HMO use to contain cost? | 
					  Payments remain the same regardless of services rendered.					 
					 How are charges payed in the capitated rate payment system? | 
					  Systems that record, store and manage patient information					 
					 Name three types of health information technology. | 
					  Consumer driven health plan (CDHP)					 
					 Which of the following combines a health plan that has a high deductible and low premiums with a special savings account that is used to pay medical bills before the deducible has been met? |