Have an account?
Skip to Content
Build your own quiz
10 questions
Show Answers
See Preview
- 1. Multiple Choice
You will know you have an overpayment when you receive a Medicare demand letter.
True
False
- 2. Multiple Choice
You will have as long as you want to repay National Government Services (NGS), Inc. if you are not on automatic immediate recoupments.
True
False, you have 30 days from the date of the letter, if you are not on automatic immediate recoupments
- 3. Multiple Choice
When you recognize an MSP overpayment, how do you report it?
Complete the MSP Post-Pay Overpayment form.
File a Redetermination.
File a Reopening.
- 4. Multiple Choice
Medicare interest accrues monthly rather than daily.
True
False
- 5. Multiple Choice
The Medicare interest rate is currently?
10.625%
10.25%
9.750%
- 6. Multiple Choice
Interest rate changes yearly.
True
False , changes quarterly
False, changes monthly
False, changes bimonthly
- 7. Multiple Choice
If you are on automatic immediate recoupments, it reduces your office workload.
True
False
- 8. Multiple Choice
Would you void a claim and resubmit a corrected claim?
No, correct the initial claim.
No, file a reopening.
Yes.
- 9. Multiple Choice
For contractor-specific overpayments you have 120 days from the date of the demand letter to submit an appeal.
True
False
- 10. Multiple Choice
You should check Medicare beneficiary eligibility frequently.
True
False
- Answer choicesTagsAnswer choicesTags