Medicare payments can be automatically deposited into a provider's designated bank account using:
A) money orders.
B) cashier's checks.
C) certified deposits.
D) electronic funds transfers.

Question

Quizplus · Accepted Answer

Electronic funds transfers are the most efficient and secure method for Medicare payments to be automatically deposited into a provider's designated bank account. Other options such as money orders, cashier's checks, and certified deposits may be prone to human error, theft, or fraud. Electronic funds transfers eliminate the need for physical payments to be mailed or delivered, reducing the risk of delays, lost payments, or theft.

Medicare Payments Can Be Automatically Deposited into a Provider's Designated