HSM543 Quiz Week 2

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HSM543 Quiz Week 2
(TCO C) The practice of setting charges relative to the market leader is called…

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HSM543 Quiz Week 2

HSM543 Quiz Week 2

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(TCO C) A method of providing coverage where the employer assumes risk is

Managed care

Point of service

Closed panel HMO

Direct contracting

(TCO C) Managed care organizations (MCOs) do all the following except

Manage the cost of healthcare

Manage the quality of healthcare

Be called commercial indemnity plans

Manage access to healthcare

(TCO C) Which law established a physician fee schedule?

Medicare Title XVIII

OBRA

TEFRA

The Social Security Amendments of 1983

(TCO C) The practice of setting charges relative to the market leader is called

Predatory pricing

Phaseout pricing

Follower pricing

Skim pricing

(TCO C) Although the United States does not have a universal health coverage plan, such plans have been discussed and introduced into legislation over the years. The earliest attempt for compulsory health insurance was included in

the Clinton health plan.

1945 Truman’s health plan.

Roosevelt’s 1935 Social Security Act.

enactment of Medicare in the 1960s.

None of the above

(TCO C) The methods of payment used by third-party payers include all except

Cost

Charges

Discount from charges

Capitation

All of the above

(TCO C) The objective of accounts receivable management should be to

Increase revenue through extending credit.

Allow patients to pay their medical bills over an extended time period.

Reduce the collection period.

Increase the days in A/R.