Which of the following statements about coding is incorrect?

a. Coding is the first step in the reimbursement process.
b. ICD codes are used to classify diseases and injuries.
c. CPT codes are used to specify medical procedures (treatments).
d. Coders typically are registered nurses who receive special training.
e. Codes typically are assigned on the basis of a clinician's notes.

Ans: d. Coders typically are registered nurses who receive special training.

Business

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An individual investor is trying to decide between a bank C.D. and an insurance company annuity. They both pay the same interest rate on an equal principal amount invested over the same period of time. Which one will be worth the most total dollars at the end of that period of time?

A. The C.D. and the annuity will both be the same, even after considering the taxes paid over the years. B. The C.D. will be worth more because of the FDIC. C. The annuity will be worth more because of its tax deferred characteristics. D. The C.D. will be worth more because the insurer issuing the annuity will have paid commissions to the writing agent that must be deducted.

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Examples of Company-driven marketing technique follow, EXCEPT:

A. Publicity B. Point of Purchase Displays C. Social Media Websites D. Sales Promotion E. Dedicated Sales Force

Business