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- What is the difference in the reimbursement cycle among long-term care facilities as compared to most other healthcare facilities?Describe the differences between the federal Medicare program and the Medicaid program in massachussetts and how they impact financial reimbursement from the perspective of the healthcare systemWhat is the rationale for exempting a firm’s contribution to its workers’ health insurance from taxation as worker income? What is the impact of this exemption on allocative efficiency in the health care industry?
- You take out a 35-year mortgage loan for $634000. The annual interest rate of the loan that you pay is 3.4%, and you make monthly payments. In addition to the required monthly payment, you decide to add an extra $410 to your payment to pay the loan off early. After how many payments will the loan be paid off completely? (Note: the last payment you make may not be for the normal amount you would pay, but it still counts as a payment.)If a participating provider submits a claim in excess of the maximum allowed in the fee schedule, the provider Can bill MCO for the balance Can bill the member a. b. C. Agrees not to collect the difference from either the MCO or member d. Agrees not to collect until the member pays the deductibleDescribe payor sources, reimbursement entities and how reimbursement is influenced by organizations responsible for reimbursement