Waivers and Discounts: What are they and When do They Apply
Understanding Waivers and Discounts
Test your knowledge about waivers and discounts in healthcare settings with our comprehensive quiz. This quiz covers the essentials of waivers and discounts, their legal implications, and how they can affect both providers and patients.
- Learn about the differences between waivers and discounts.
- Explore important legal regulations such as the Anti-kickback statute and the False Claims Act.
- Discover how documentation plays a crucial role in these financial terms.
A waiver, by contrast, is when a Provider unintentionally decides not to pursue collecting a debt or payment from a patient
True
False
Which of the following is an example of a discount?
Essentially, any mechanism or action that reduces the amount owed.
Not billing for a patient because you believe you won't be able to collect money.
Seeing both a parent and their child and only billing for the visit for the parent, is an example of:
Waiver
Discount
Anti-kick back statute is illegal to knowingly and willfully pay "renumeration" to induce or reward individuals for patient referrals or for the generation of business.
True
False
Waivers and Discounts are most commonly discovered by whistle blowers.
True
False
Documentation is required to consider discounts or waivers.
True
False
A discount is a reduction in the amount owed to a provider by a patient.
True
False
The False Claims Act is a law that determines if a waiver or discount is legal.
True
False
Are financial hardship discounts or waivers found to be safe/legal for providers?
Yes
No
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