Asked by Rafin Kabir on Jun 18, 2024
Verified
Which of the following is not part of Medicare's resource-based relative value scale?
A) The nationally uniform relative value
B) A nationally uniform conversion factor
C) Medigap, to reduce the gap in coverage
D) A geographic adjustment factor
E) Adjustments according to the cost-of-living index
Medigap
Private insurance that Medicare recipients can purchase to reduce the gap in coverage—the amount they would have to pay from their own pockets after receiving Medicare benefits.
Relative Value
A measure of the worth of something in comparison to the price, quantity, or value of another item or measure.
- Pinpoint the diverse factors implicated in setting prices and making payments for health care services, like fee schedules, cost-sharing mechanisms, and capitation models.
Verified Answer
DB
David BonaparteJun 23, 2024
Final Answer :
C
Explanation :
Medigap is not part of Medicare's resource-based relative value scale (RBRVS); it is a separate insurance policy that individuals can purchase to cover costs not covered by Medicare, such as copayments, coinsurance, and deductibles.
Learning Objectives
- Pinpoint the diverse factors implicated in setting prices and making payments for health care services, like fee schedules, cost-sharing mechanisms, and capitation models.