
The maximum amount of money third-party payers will pay for a specific procedure or service is called the
A) benefit.
B) allowable amount.
C) allowed service.
D) incurred amount.
Correct Answer:
Verified
Q4: Which of the following expenses would be
Q5: Entities that make payment on an obligation
Q6: Which part of Medicare covers prescription drug
Q7: The federal- and state-sponsored health insurance program
Q8: Organizations that fund their own insurance programs
Q10: Which of the following individuals would not
Q11: The amount payable by an insurance company
Q12: Which of the following is not a
Q13: The amount of money the policyholder pays
Q14: Health insurance benefits are determined by
A) indemnity
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