Multiple Choice
Match the term with the correct definition.
-Open formulary
A) Reference book listing NDC numbers, manufacturers, and average wholesale pricing of drug products
B) Electronic insurance billing for medication payment
C) Number assigned to health care provider; used for the purpose of standardizing health data transmissions
D) A list that is essentially unrestricted in the types of drug choices offered or that can be prescribed and then reimbursed under the health provider plan or pharmacy benefit plan
E) Medication use is tightly restricted to those medications provided on the list
F) Sets limitations on payments
G) A list of preapproved medications that are covered under a prescription plan or within an institution
H) Similar to a preauthorization form but is the process used for Medicare and Medicaid
I) Information sheets supplied to the pharmacy from the manufacturer of chemical products that list hazards and how to handle them if exposed to the chemicals
J) Ten-digit number given to all drugs for identification purposes; in health and drug databases
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Brand name drugs generally have between 17
Q11: PPO is preferred provider organization.
Q12: Match the term with the correct definition.<br>-Adjudication<br>A)Reference
Q13: Match the term with the correct definition.<br>-Red
Q15: HMO stands for Homeopathic Medicinal Organization.
Q16: Match the term with the correct definition.<br>-Formulary<br>A)A
Q16: Third-party billing refers to the portion of
Q17: A significant change was made in _
Q18: Following Health Insurance Portability and Accountability Act
Q19: Formulary drugs are as effective as the