Reference no: EM132737273
Health care organizations that participate in all of the health care plans are reimbursed according to the policy or contract of each health care plan. As discussed in Phase 1 of this course, the following insurance plans each have specific guidelines, rules, and regulations that govern the contracts, coverage, and payment methods made to health care facilities.
Each of the five insurance plans (Medicare, Medicaid, TRICARE, worker's compensation, and commercial insurances) are governed by either federal, state, or local agencies, or they are administered by private organizations and businesses.
List the five insurance plans, identify who governs each plan, and describe what type of reimbursement or payment system each plan uses. Focus your discussion on the following questions:
Why is it important to stay current with the guidelines for each?
Should mandatory training be provided for insurance billing and coding? Explain your answer.
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Prepare the journal entry if any to record the impairment
: Prepare the journal entry (if any) to record the impairment at December 31, 2020. Oriole Company uses special strapping equipment in its packaging business.
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What type of reimbursement or payment system
: List the five insurance plans, identify who governs each plan, and describe what type of reimbursement or payment system each plan uses.
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Determine depreciation expense on the machine for the year
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Two primary information security threats facing wal-mart
: What would you consider to be the two primary information security threats facing Wal-Mart? What should Wal-Mart do to deal with each of them?
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Policy or contract of each health care plan
: Health care organizations that participate in all of the health care plans are reimbursed according to the policy or contract of each health care plan.
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Evaluate how the findings might apply to a clinical setting
: Evaluate how the findings might apply to a clinical setting, such as Alzheimer's disease, anterograde or retrograde amnesia, or a condition such.
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Find and make a journal related to the transaction
: January 1, 2021 and sold to third parties on January 15, 2021 for IDR 3.5 million per head, make a journal related to the transaction during 2021!
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What would be Y adjusted net income for the year
: Assume that Y Inc. reported an after-tax net income of $20,000 in 2020, what would be Y's adjusted net income for the year
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Regulations for these five health insurance plans
: What are the consequences of not following the rules and regulations for these five health insurance plans?
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