which of the following statements about fee-for-service reimbursement is incorrect? group of answer choices a. payment may be cost based. b. payment may be charge based. c. payment may be on a prospective basis (specified beforehand). d. payment may be based on the number of covered lives. e. payment may be on a per visit basis.

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21-10-2022
Business

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which of the following statements about fee-for-service reimbursement is incorrect? group of answer choices a. payment may be cost based. b. payment may be charge based. c. payment may be on a prospective basis (specified beforehand). d. payment may be based on the number of covered lives. e. payment may be on a per visit basis.

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qworange qworange · Answer 1 · 2022-10-25T09:31:45-04:00

The correct option will be D) Payment may be based on the number of covered lives.

FFS is a payment model in which doctors, hospitals, and medical practises charge separately for each service provided. The patient or insurance company is responsible in this model for paying whatever the healthcare provider charges for the service.

Although fee-for-service models are not completely out of the healthcare industry, value-based care models are making inroads. Patients can expect to see VBC models becoming more popular as a result of government support as a result of Medicare and ACA regulations (via the Centers for Medicare & Medicaid Services, or CMS).

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