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Questions and Answers
What is a benefit period?
What is a benefit period?
Time during which medical benefits are available to insurance beneficiaries.
What does the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) provide?
What does the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) provide?
Temporary continuation of health coverage for 18 months after an appointment has ended.
What does a crossover refer to in Medicare?
What does a crossover refer to in Medicare?
Reassignment of gaps in coverage to eliminate the need for beneficiaries to file a separate claim with their medigap insurer.
What is end-stage renal disease (ESRD)?
What is end-stage renal disease (ESRD)?
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What is an electronic remittance advice (ERA)?
What is an electronic remittance advice (ERA)?
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Who are intermediaries in the context of Medicare?
Who are intermediaries in the context of Medicare?
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What is a limiting charge?
What is a limiting charge?
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What does local coverage determination (LCDs) refer to?
What does local coverage determination (LCDs) refer to?
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What qualifies as Medicare abuse?
What qualifies as Medicare abuse?
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What is Medicare Advantage (MA)?
What is Medicare Advantage (MA)?
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What is a Medicare administrative contractor (MAC)?
What is a Medicare administrative contractor (MAC)?
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What is a Medicare development letter?
What is a Medicare development letter?
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What is medical fraud?
What is medical fraud?
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What does Medicare Part A cover?
What does Medicare Part A cover?
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What services are covered under Medicare Part B?
What services are covered under Medicare Part B?
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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 medical remittance notice (MRN)?
What is a medical remittance notice (MRN)?
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What is a Medicare secondary payer (MSP)?
What is a Medicare secondary payer (MSP)?
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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 the meaning of Non-par MFS?
What is the meaning of Non-par MFS?
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What is the role of the Office of Inspector General (OIG)?
What is the role of the Office of Inspector General (OIG)?
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What does PACE stand for?
What does PACE stand for?
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What is a Recovery Audit Contractor (RAC)?
What is a Recovery Audit Contractor (RAC)?
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What is scrubbing in the context of claims processing?
What is scrubbing in the context of claims processing?
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What does the Tax Relief and Health Care Act (TRHCA) emphasize?
What does the Tax Relief and Health Care Act (TRHCA) emphasize?
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What are the three roles of CMS?
What are the three roles of CMS?
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Study Notes
Medicare Key Terms and Concepts
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Benefit Period: Duration medical benefits are available to insurance beneficiaries.
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COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985): Allows temporary health coverage continuation for 18 months after employment ends.
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Crossover: Process that eliminates the need for beneficiaries to file separate claims with Medigap insurers by reassessing coverage gaps.
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End-Stage Renal Disease (ESRD): A condition marked by total or nearly complete kidney failure.
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Electronic Remittance Advice (ERA): Digital notification sent to providers confirming payment acceptance of claims.
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Intermediaries: Private companies contracted by Medicare to process and pay certain Part A and Part B medical bills.
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Limiting Charge: Maximum fee non-participating providers can charge Medicare patients for non-assignment claims.
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Local Coverage Determination (LCDs): Decisions by Medicare intermediaries on the reasonable or necessary nature of specific services.
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Medicare Abuse: Involves improper payments for services or items lacking legal entitlement.
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Medicare Advantage (MA): Offers extended benefits through private health insurance plans like HMOs and PPOs under Medicare's regulations.
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Medicare Administrative Contract (MAC): Entities awarded contracts by CMS to handle claim adjudication and payments, previously known as fiscal intermediaries.
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Medicare Development Letter: Communication sent to providers for additional documentation during claim processing.
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Medical Fraud: Intentional schemes to defraud healthcare benefit programs for financial gain.
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Medicare Part A: Covers hospital expenses for the elderly, disabled individuals, and those with ESRD.
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Medicare Part B: Contributes to physician services, outpatient care, durable medical equipment, and select services not covered by Part A.
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Medicare Part C: Another name for Medicare Advantage, providing extended benefits through contracted private insurance programs.
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Medicare Part D: Program focused on prescription drug coverage.
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Medical Remittance Notice (MRN): Details provided by Medicare contractors on assigned claims, outlining the claims process.
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Medicare Secondary Payer (MSP): Any instance requiring another payer to settle claims before Medicare's involvement.
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Medicare Summary Notice (MSN): Reader-friendly document listing health insurance claim details and services provided.
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Medigap: Private supplemental health insurance policies to cover gaps in Medicare coverage.
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Non-par MFS: Amount applied to unassigned services from physicians and suppliers opting out of Medicare participation.
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Office of Inspector General (OIG): Federal entity focused on fighting healthcare fraud, waste, and abuse, improving Health and Human Services efficiency.
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Programs of All-Inclusive Care for the Elderly (PACE): Medicare-Medicaid hybrid program providing at-home long-term care services.
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Recovery Audit Contractor (RAC): Audits processed claims for coverage accuracy and identifies overpaid claims.
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Scrubbing: Process of ensuring claims data is accurate and cleaned prior to submission by a clearinghouse.
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Tax Relief and Healthcare Act (TRHCA): Aims to facilitate access to health insurance and promote renewable energy resources for Americans.
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Roles of CMS: Establishing reimbursement policies, researching healthcare management and treatments, and assessing healthcare quality.
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Description
Test your knowledge of essential Medicare terminologies and concepts. This quiz covers various key terms such as benefit periods, COBRA, and electronic remittance advice, helping you understand the complexities of Medicare and its provisions. Ideal for students or professionals in the healthcare field.