Asked by ??????? ???????????? on Apr 29, 2024
Verified
One advantage of submitting claims electronically is ____.
A) it increases the time between submission and payment
B) patients can submit their own claims easily
C) electronic claims cannot be rejected
D) the practice can receive larger payments
E) electronic submissions are cost-efficient
Electronic Claims
Submission of insurance claims using electronic means, typically through specialized software or web-based services, to expedite processing and reimbursement.
Cost-Efficient
A term describing a process or product that minimizes cost while maximizing effectiveness, often used in financial and operational planning.
- Recognize the advantages of submitting claims electronically.
Verified Answer
ES
Ekkanat SuvannapongMay 06, 2024
Final Answer :
E
Explanation :
Electronic submissions are cost-efficient because they reduce the need for paper and postage, and they can be processed more quickly than manual submissions, leading to cost savings for the practice.
Learning Objectives
- Recognize the advantages of submitting claims electronically.
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