Has anyone taken the ARM 54 (Associate contained by Risk Management) exam? What can I expect? How difficult is it?
I went to decree school (briefly) and am working towards my MBA. I hold been contained by the insurance industry for about 6 years.Answers: ARM 54 is approaching a single undergraduate college course (although they seem to believe it is graduate level). They spoon-feed you the material next to the Course Guide, giving you an outline, objectives, and sample question. The exam is extremely similar to the sample question. They really want you to pass.
I similar to the ARM series because it gives you the perspective of the insurance buyer, whose wisest use of funds is not necessarily to buy insurance. As an insurance company member of staff, you don't normally acquire that perspective from the job.
If you are taking MBA rank classes, you will find ARM to be reasonably jammy.
I agree wholeheartedly with the first answerer. If you own a MBA, the ARM courses won't seem difficult to you at adjectives.
Need Dianosis and Procedure Codes for Hernia Repair?
Had surgery in MX (in 2003), necessitate followup, insurance co. said will pay if MX doc provides codes. MX doc does not transport insurance or use codes, but willing to serve if I can find the codes for him. Are there codes for procedures and consequently codes if it is more complicated? I had knees band surgery. Now hold hernia through the band. Doc here won't do surgery because leash is not US approved. Also, can you tell me what the approved cost is for the code used?Thanks!
Monica
Answers: You're better rotten obtaining this information from a medical bureau familiar beside your specific medical condition.
It sounds like you don't clearly take what you're asking for, which means that you won't carry a reliable answer here.
The procedure code is what defines the procedure you're have done. The specific type of surgery you're having will own a specific procedure code.
The diagnosis code is what defines your actual condition - anything reason it is that you're have the surgery.
The information you're giving isn't specific enough to hand over an accurate answer. There are multiple procedure codes for a hernia repair, depending on the type of hernia, etc. And there could be multiple diagnosis codes could be applicable for the surgery, but one and only a medical office up to date with your specific armour would know which one applies to you.
Not using the correct codes could result in your claim one underpaid...or even rejected outright. I'd definitely consult beside a medical provider more specifically familiar beside your case.
One entity you can do is call your home doctor and see if someone in their billing department can find you the codes you're looking for. If they can't back you, call a surgeon's bureau and see if they can help. As for what the approved costs is, that will alter due to whatever insurance company you use. Each company have different contracts that pay different rates, so you'd hold to find this information out from your insurance company once you have the ICD9 codes. They should also be capable of tell you what your portion of the bill will cost.
What is a cafeteria plan?
Answers: A Cafeteria plan is a non-standard term, unfortunately. There are a number of different plans that are referred to by that moniker in California alone. Most frequently, I hear it used to describe either the Section 125 POP, a Flexible Spending Account or a multi-plan offering from a Carrier. All of these refer to Group-Sponsored plans.
The multiplan offerings through a Carrier are just that: you can pick and chose from a variety of plans within the carrier, or in cases like the extinct Pac Advantage and the still operating Cal Choice, you can select from a variety of Carriers as well.
Flexible Spending Accounts (FSA) allow you to take pre-tax deductions from your paycheck to pay for your qualified medical expenses. This is the Use It Or Lose It plan, however, as any fund allocated into you FSA that are unused at the end of the year are returned to the EmployER. These are best used to suppliment a medical plan, and can be used to pay for and medical bills you may incur.
Section 125 POP is a plan designed to help you pay for your monthly insurance premium with pre-tax dollars. I'm not certain why this one is called a cafeteria plan by some people, as it doesn't have much in the way of options...
I hope this was helpful.
u pick a plan during lunch