Free AAMA Certified Medical Assistant (CMA) Practice Question
A patient underwent a procedure that was billed for $2000. The insurance paid $1600 and the patient's co-pay was $200. What is the remaining balance that should be reflected in the patient's accounts receivable?
The correct answer reflects the calculation of the remaining balance after the insurance payment and patient's co-pay have been deducted from the total billed amount. The remaining balance should be the difference between the total charged and the sum of payments received, which in this case is $2000 - ($1600 + $200) = $200.
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This question's topic:
AAMA Certified Medical Assistant (CMA) /
Administrative
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