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Mda chapter 63 Flashcards | StudBud
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Mda chapter 63
Mda chapter 63
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#financial management
Flashcards
34 cards
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Questions
34
Answers
1
First factor to consider when making financial arrangements with a patient?
Is the patient employed
does the patient have bad credit
have of history of debt with the office
Is the patient able to pay
2
By which means can a person obtain dental insurance?
Employer
Spouse
Education
Individual
3
To determine which carrier is primary carrier when both parents have insurance to cover child
residency rule
who has full custody rule
birthday rule
dependency rule
4
Whats the purpose of a walk out statement?
receipt for payment in full
shows current account balance
amount deducted for taxes
provided to patient who did not provide payment in full
5
who manages all money owed and maintains financial records.
accounts receivable
transaction fee scheduler
business assistant
front office manager
6
The type of fee determined by a percentage of prefilled fees submitted to the insurance company
customary fee
final fee
patient consecutive fee
preliminary fee
7
Whats the purpose of a walk out statement?
provided to patient who did not provide payment in full
shows current account balance
receipt for payment in full
amount deducted for taxes
8
When more than four payment installments are set up what should happen?
patient receives a treatment plan
patient signs and agrees to follow through with the program
patient signs a fee occurrence schedule
truth in lending form given to patient
9
What codes used to simplify dental transaction processing under HIPAA?
(DABA)
(CDT)
Current dental terminology
HIPPA code patient processing (HCPP)
10
Who is considered the carrier that pays the insurance claims and collects the premiums?
The Business assistant
The Dentist
The Patient
The office manager
11
Whats another name for Social Security
W4
SSI
FICA
IRS
12
What codes used to simplify dental transaction processing under HIPAA?
(DABA)
Current dental terminology
HIPPA code patient processing (HCPP)
(CDT)
13
The type of fee determined by a percentage of prefilled fees submitted to the insurance company
final fee
customary fee
patient consecutive fee
preliminary fee
14
All receipts including checks and cash should be deposited when?
weekly
daily
halfway thru each shift
every morning
15
Change fund is for cash paying patient
fal fal fal
tru tru tru
16
What occurs when a patient pays by credit card?
They receive an instant receipt print out
business asst. makes sure limit not exceeded
patient has to call cc provider before transaction final
business assistant verifies its valid
17
To determine which carrier is primary carrier when both parents have insurance to cover child
dependency rule
residency rule
who has full custody rule
birthday rule
18
By which methods can accounts receivable be handled
computer
peg board system
Email correspondence
admin office
19
What occurs when a patient pays by credit card?
They receive an instant receipt print out
patient has to call cc provider before transaction final
business asst. makes sure limit not exceeded
business assistant verifies its valid
20
Who is considered the carrier that pays the insurance claims and collects the premiums?
The office manager
The Business assistant
The Patient
The Dentist
21
Two patient signature boxes on the insurance claim form are necessary for?
assignment of benefits
Avoiding a Fine later
following DANB guidelines
information release
22
In insurance terms what is the correct role of the dentist?
provider
Health professional
carrier
Accounts payable
23
Business expenses that continue consistently regardless of production
fixed costs
rollover expenses
fixed overhead
24
the name of the person on the check who will receive the money is called what?
payee
recipient
employee
patient
25
Two patient signature boxes on the insurance claim form are necessary for?
Avoiding a Fine later
assignment of benefits
following DANB guidelines
information release
26
a charge slip contains what info?
previous balance/treatment
patient name/current charges
all of the above
insurance policy #
27
If a patient has more than one dental coverage under more than one plan its called what?
tri-coverage
dual coverage
split coverage
shifting anual
28
Which forms indicates the number of exemptions an employee is claiming?
W4
1040EZ
1040A
W4EXMP
29
A guarantor is who?
insurance policy
dentist
responsible party
patient
30
On a patient registration form, what info is collected?
name/address
coverage info/id's of all included
phone number/place of employment
All of the above/credit score for trust lending
31
What is most effective method of collection when a patient has long outstanding debit?
submit to credit union for collection
mailed correspondence
ask the dentist
phone call
32
What is most effective method of collection when a patient has long outstanding debit?
mailed correspondence
submit to credit union for collection
phone call
ask the dentist
33
If a patient has more than one dental coverage under more than one plan its called what?
shifting anual
dual coverage
tri-coverage
split coverage
34
What forms dental asst. uses when reporting dental procedures and filing insurance forms?
FICA W6-0128 dental procedures and filed
Code on dental procedures and Nomenclature
Nomenclature and Filing systems/DA
Accounts payable form F150
