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Questions and Answers
What does the term 'Advance Beneficiary Notice of Noncoverage (ABN)' refer to?
What does the term 'Advance Beneficiary Notice of Noncoverage (ABN)' refer to?
What are carriers in the context of health insurance?
What are carriers in the context of health insurance?
Health plan; also known as insurance company, payer, or third-party payer.
What is the Correct Coding Initiative (CCI)?
What is the Correct Coding Initiative (CCI)?
Computerized Medicare system of CPT code edits to prevent overpayment for procedures.
What is a crossover claim?
What is a crossover claim?
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What does a fiscal intermediary do?
What does a fiscal intermediary do?
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What is a formulary?
What is a formulary?
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What is hospice?
What is hospice?
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In Medicare, the highest fee that nonparticipating physicians may charge for a particular service is called the ______.
In Medicare, the highest fee that nonparticipating physicians may charge for a particular service is called the ______.
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What is a Local Coverage Determination (LCD)?
What is a Local Coverage Determination (LCD)?
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What is a Medical Savings Account (MSA)?
What is a Medical Savings Account (MSA)?
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What are medically unlikely edits (MUEs)?
What are medically unlikely edits (MUEs)?
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What is Medicare?
What is Medicare?
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What is a Medicare Administrative Contractor (MAC)?
What is a Medicare Administrative Contractor (MAC)?
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What is Medicare Advantage?
What is Medicare Advantage?
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Who is a Medicare beneficiary?
Who is a Medicare beneficiary?
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What is the Medicare Fee Schedule (MFS)?
What is the Medicare Fee Schedule (MFS)?
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What is the Medicare Modernization Act (MMA)?
What is the Medicare Modernization Act (MMA)?
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What is Medicare Part A?
What is Medicare Part A?
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What does Medicare Part B cover?
What does Medicare Part B cover?
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What is Medicare Part C?
What is Medicare Part C?
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What is Medicare Part D?
What is Medicare Part D?
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What is a Medicare Remittance Notice (MRN)?
What is a Medicare Remittance Notice (MRN)?
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What is a Medicare Summary Notice (MSN)?
What is a Medicare Summary Notice (MSN)?
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What is Medigap?
What is Medigap?
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What is a Medi-Medi beneficiary?
What is a Medi-Medi beneficiary?
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What does a national coverage determination (NCD) do?
What does a national coverage determination (NCD) do?
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What is the Original Medicare Plan?
What is the Original Medicare Plan?
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What is the Physician Quality Reporting Initiative (PQRI)?
What is the Physician Quality Reporting Initiative (PQRI)?
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What is a primary payer?
What is a primary payer?
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Study Notes
Medicare Terms and Definitions
- Advance Beneficiary Notice of Noncoverage (ABN): Form informing patients that a service may not be reimbursed by Medicare.
- Carriers: Entities managing health plans, also referred to as insurance companies or third-party payers.
- Correct Coding Initiative (CCI): Medicare system that employs computerized CPT code edits to prevent overpayment for medical procedures.
- Crossover Claim: Claim for services where Medicare is the primary payer, which is transmitted to Medicaid as the secondary payer.
- Fiscal Intermediary (FI): Government contractor processing Medicare claims, specifically for Part A.
- Formulary: A comprehensive list of approved medications and dosages covered by a health plan.
- Hospice: Organizations that provide care for terminally ill individuals and support for their families.
- Limiting Charge: Maximum fee nonparticipating physicians can charge, limited to 115% of the Medicare Fee Schedule.
- Local Coverage Determination (LCD): Medicare policies clarifying issues of medical necessity.
- Medical Savings Account (MSA): Health savings account program established by Medicare.
- Medically Unlikely Edits (MUEs): CMS checks to identify clerical or software billing errors based on service units.
- Medicare: Federal health insurance program catering to individuals aged 65 and older, and certain disabled people.
- Medicare Administrative Contractor (MAC): Entities managing claims for Parts A and B, replacing fiscal intermediaries and Part B carriers.
- Medicare Advantage: Alternative Medicare plans outside the Original Medicare framework.
- Medicare Beneficiary: Individuals who are covered by Medicare insurance.
- Medicare Fee Schedule (MFS): Set of reimbursable fees based on RBRVS for Medicare participating physicians.
- Medicare Modernization Act (MMA): Legislation that includes provisions from the Medicare Prescription Drug, Improvement, and Modernization Act of 2003.
- Medicare Part A: Covers hospitalization, skilled nursing facility care, home health care, and hospice services.
- Medicare Part B: Provides coverage for physician services, outpatient care, durable medical equipment, and supplies.
- Medicare Part C: Medicare Advantage plans providing managed care options to beneficiaries.
- Medicare Part D: Plans designed for prescription drug reimbursement for Medicare beneficiaries.
- Medicare Remittance Notice (MRN): Document providing details on payment determinations for Medicare claims.
- Medicare Summary Notice (MSN): Remittance advice explaining benefit determinations to plan beneficiaries.
- Medigap: Supplemental insurance plans offered by private carriers to enhance Original Medicare coverage.
- Medi-Medi Beneficiary: Individuals eligible for both Medicare and Medicaid benefits.
- National Coverage Determination (NCD): Medicare-issued guidelines to clarify medical necessity.
- Original Medicare Plan: Traditional fee-for-service Medicare program.
- Physician Quality Reporting Initiative (PQRI): CMS program offering potential bonuses to physicians based on quality care measures.
- Primary Payer: The insurance that is billed first for services rendered.
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Description
Test your knowledge with these flashcards on Medicare terminology from Chapter 9. Each card provides a key term along with its definition to help reinforce your understanding of Medicare coverage and policies. Perfect for students and professionals preparing for exams or refreshing their knowledge.