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Insurance Billing
Insurance Billing YCST Chapters 9 and 10 Terms and Abbreviations
Question | Answer |
---|---|
A/R | Accounts receivable |
CMS | Centers for Medicare and Medicaid Services |
EOB | Explanation of Benefits |
FEHBA | Federal Employee Health Benefit Act |
FTC | Federal Trade Commission |
NC | No charge |
NSF | Nonsufficient funds or not sufficient funds |
RA | Remittance advice |
TILA | Truth in Lending Act |
W2 | Wage and tax statement |
What is the total amount of money owed for professional services rendered? | Accounts receivable |
What is a document detailing services billed and describing payment determinations? | EOB |
What is a list of charges or established allowances for specific medical services and procedures? | Fee schedule |
What is a detailed summary of all transactions of a patient's account? | Itemized statement |
What is another word for payment? | Reimbursement |
What is a document detailing services billed and describing payment determination issued to Medicare and Medicaid providers? | Remittance advice |
What is a time limit established for filing lawsuits? | Statute of limitations |
What are assets or debts that have been determined to be uncollectible and are therefore adjusted off the accounting books as a loss? | Write-off |