Health Maintenance Organization (HMO) Act

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Questions and Answers

What is the primary purpose of the Security Rule established by HIPAA of 1996?

  • To provide national standards for requesting payment for medical services
  • To establish codes for dental services
  • To provide national standards for protecting and transmitting patient data (correct)
  • To maintain codes for medical procedures and physician services

Which code set is used to report procedures for inpatient hospital services?

  • ICD-10-PCS (correct)
  • ICD-10-CM
  • CPT
  • NDC

Which organization maintains the National Drug Codes (NDC)?

  • HHS (correct)
  • CMS
  • ADA
  • AMA

What is the purpose of Place of Service Codes?

<p>To denote the setting in which the service was provided (D)</p> Signup and view all the answers

Which code set is used for dental services?

<p>CDT (C)</p> Signup and view all the answers

Which of the following is NOT maintained by the Centers for Medicare and Medicaid Services (CMS)?

<p>CPT (B)</p> Signup and view all the answers

What was the outcome of the Act in terms of HMO enrollment?

<p>An increase from 3 million to over 80 million (C)</p> Signup and view all the answers

What is a characteristic of Preferred Provider Organizations (PPOs)?

<p>Offering members more flexible options for healthcare (C)</p> Signup and view all the answers

Why have hospitals, clinics, and private physician practices had to adapt?

<p>Due to the complexity in the business of medicine (B)</p> Signup and view all the answers

What is a key challenge for medical billers?

<p>Distinguishing between different regulatory requirements (C)</p> Signup and view all the answers

What is a consequence of the Act overriding state laws?

<p>Employers with 25 or more employees had to offer an HMO option (B)</p> Signup and view all the answers

What has contributed to the growth of medical professionals with business skills?

<p>The expansion of healthcare plans (B)</p> Signup and view all the answers

What is required for knowledge of existence of a fact to be established in an offense?

<p>Awareness of a high probability of its existence (D)</p> Signup and view all the answers

What is the penalty range per claim for violating the FCA?

<p>$5,500 to $11,000 (B)</p> Signup and view all the answers

What is the term for a person who brings a civil action on behalf of themselves and the U.S. government?

<p>Relator (A)</p> Signup and view all the answers

What is the primary responsibility of the government in a Qui Tam action?

<p>Prosecuting the action (D)</p> Signup and view all the answers

What is a requirement for reduced penalties (mitigation) under the FCA?

<p>Self-disclosure and meeting other requirements (C)</p> Signup and view all the answers

What is the term for intentionally ignoring a fact when one has every reason to believe about its existence?

<p>Deliberate ignorance (A)</p> Signup and view all the answers

What is the primary purpose of the Consumer Credit Protection Act of 1968?

<p>To protect consumers in their dealings with lenders or creditors (A)</p> Signup and view all the answers

What is the condition for a practice to be considered a creditor under the TILA?

<p>If the practice regularly extends credit which is payable by agreement in more than four installments (C)</p> Signup and view all the answers

What is the requirement for disclosing finance charges on statements?

<p>The finance charge must be disclosed as an annual percentage rate (C)</p> Signup and view all the answers

What is an example of a deceptive practice related to billing services?

<p>Biling for services that were not provided (A)</p> Signup and view all the answers

What is the main purpose of assessing finance charges on statements?

<p>To inform consumers of the total cost of credit (B)</p> Signup and view all the answers

What is the primary goal of the Health Insurance Portability and Accountability Act of 1996?

<p>To make it easier for people to keep health insurance (D)</p> Signup and view all the answers

What is the main characteristic of a Preferred Provider Organization (PPO)?

<p>It is a network of healthcare providers who agree to provide healthcare at reduced rates (D)</p> Signup and view all the answers

What is included in Protected Health Information (PHI)?

<p>Individually identifiable health information, including demographic data, medical history, and payment information (D)</p> Signup and view all the answers

What is the purpose of the CPT code?

<p>To classify medical procedures (D)</p> Signup and view all the answers

What is the main benefit of HIPAA for healthcare providers?

<p>Reduced administrative costs (D)</p> Signup and view all the answers

What is the primary focus of HIPAA?

<p>Protecting patient privacy (B)</p> Signup and view all the answers

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