under the us medicare system ,nonparticipating providers are asked to prepare a financial statement for pateints who will be receiving elective surgery where the costs exceeds
a.300
b.500
c.200
d.400
my answer is b
can someone please help
You are asking questions about the administration of Medicare in the US ... however, there's no one here that I know of who has ever worked Medicare on the inside!
You'll need to go back to your text and do your best.
To determine the correct answer, you need to understand the requirements for nonparticipating providers under the US Medicare system when preparing a financial statement for patients receiving elective surgery.
Under the US Medicare system, nonparticipating providers are generally required to prepare a financial statement, also known as an Advance Beneficiary Notice (ABN), for patients when the estimated cost of their elective surgery exceeds a specified amount. This notice informs patients that Medicare is not likely to cover the full cost of the procedure and allows them to make an informed decision about whether they would like to proceed with the surgery and assume financial responsibility.
Now we need to identify the specific amount that triggers the requirement for nonparticipating providers to prepare a financial statement. According to the given options, we have:
a. $300
b. $500
c. $200
d. $400
Comparing these amounts, we can determine that the correct answer is b. $500. When the estimated cost of elective surgery for a Medicare patient exceeds $500, nonparticipating providers are asked to prepare a financial statement (ABN) for the patient.
Therefore, based on the information provided, the correct answer is b. $500.