Miscellaneous
Insurance Terminology
Medicare
Medicaid MCO's
Medicaid
100

This form is used to submit charges for outpatient services to health insurance companies

What is CMS 1500

100

A written recommendation to a specialist

What is referral

100

The age a patient becomes eligible for Medicare

What is 65

100

How many MCO'S does Medicaid have

What is four

100

Requirement to qualify for Medicaid

What is low income

200

Assigning a code that deliberately results in higher payment

What is upcoding

200

This written statement from an insurance company that summarizes the costs of a medical service or treatment

What is an Explanation of Benefits (EOB)

200

Medicare allows this amount of time for providers to bill claims

What is 365 days

200

This contains important information about the patient's insurance details needed to verify eligibility

What is an insurance card

200

How is Medicaid funded

What is federal and state government

300

Law states that physicians are not allowed to refer patients to a facility with whom they have a financial relationship

What is Stark Law

300

The amount of money that you pay before your insurance company starts paying for covered expenses

What is deductible

300

This Medicare plan is offered by private insurance companies, often having extra benefits included

What is Medicare Part C or Medicare Advantage

300

The Medicaid MCO's for Nevada

What is Anthem Medicaid, Silver Summit, HPN, Molina

300

What does CMS stand for

What is Centers for Medicare and Medicaid Services

400

Doctor's visits that help prevent or detect serious diseases and medical problems before they become major, often allowed once per year

What is preventive care

400

Process of requesting approval for a service or procedure by providing medical history to the insurance

What is preauthorization

400

A program created to assist with amounts left over after Medicare pays

What is Medicare Supplement or Medigap

400

The private health insurance company that contracts with states to provide Medicaid health care services

What is Managed Care Organization (MCO)

400

This type of Medicaid program provides health insurance to pregnant women and children in families with incomes up to a certain threshold, often higher than the regular Medicaid eligibility limits.

What is the Children's Health Insurance Program (CHIP)

500

Reviewing claims for accuracy and completeness

What is auditing

500

When someone intentionally deceives an insurance company or agent to receive money or benefits they are not entitled to

What is fraud

500

When a claim is automatically sent to the secondary insurance

What is crossover claim

500

The audit program that reviews Medicaid claims, and identifies overpayments

What is Medicaid Integrity Contractor (MIC)

500

The annual income threshold below which a household is considered to be in poverty

What is Federal Poverty Level (FPL)

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