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grin007 [14]
3 years ago
12

How does your current ( or future) employment affect your Social Security or Medicare benefits?

Business
1 answer:
lord [1]3 years ago
5 0

Answer:

Social Security benefits may be affected by a variety of factors, but your earned income is one of the most important. Your benefits in retirement are largely dependent on the wages you received while working since the Social Security taxes taken out of your paycheck are based on that amount. If you are still working and at retirement age, you can receive benefits while earning other income; depending on your age, you can also reduce and delay your Social Security payouts. Other important factors for determining Social Security benefits include inflation and the formula used by the Social Security Administration in its calculations.

Explanation:

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What do you believe are the two most significant components of the medical billing workflow?
monitta

Answer:

Explanation:

Six critical components for medical calculation (the first two are the most important):

1: Eliminate confusion that it is really an invoice.

Insured patients often receive two service-related communications - a certificate of benefit from an insurance company (EOB) and an invoice from a health care professional. EOBs usually include service history, work done, who the provider is, the amounts allowed under the insurance plan, adjustments, deductions and patient liability.

2: Make sure the patients know what the invoice is.

For recurrent patients, there may be confusion as to what service or design the bill is about. Specify the date of service, medical care, and services provided so that the patient can see the amount paid.

3: Provide clear line items showing prepaid patient payments (co-payments) and contributions from the insurance company.

Explain to patients what credits are already used in the invoice. This can help insurers understand what they contribute, personal responsibility, and promote timely payments.

4: Provide invoices as patients wish to receive.

For some patients, paper invoices may be the method they choose to consult with health care providers. For others, electronic invoices may be more appropriate. Paper sheets can offer patients the opportunity to pay by check, write their payment card information, or use an online portal that supports one-time guest payments. Electronic invoices can reduce the cost of printing and shipping paper invoices, eliminate delays in document invoices, and provide direct access to online portals where they can edit and manage their billing practices.

5: Provide patients with different options to pay.

As patients prefer paper or electronic invoices, they have choices about how they want to pay. Some love the convenience of paying with a credit card, while others may opt for cash, check or debit card transactions. From billing solutions that support multiple payment methods and payment channels to credit card transactions on mobile devices, one billing solution can increase your ability to pay on time.

6: Help patients along the way.

No matter how much a health worker strives to meet the needs of his patients, patients will have questions regarding referral reports. Useful support professionals (both online and by phone) can provide easy access, help patients better understand their laws and encourage their timely payment.

5 0
3 years ago
Sage Inc. owns shares of Pronghorn Corporation stock. At December 31, 2020, the securities were carried in Sage’s accounting rec
OleMash [197]

Answer:

The Journal entry was recorded for Sage Inc, in the explanation section below

Explanation:

Journal Entries

Date                     Account Title and                  Debit $         Credit $

                                  Explanation

21st Sept-21            Equity Investments

                          ( $1,397,000-  $1,030,000,)      $367,000

                           To unrealized holding gain

                                       or loss                                                  $367,000

21st Sept-21         The retained earnings            $1,397,000

                      To Property Dividends payable                          $1,397,000

08- Oct-21                       No entry

23- Oct-21             Property Dividends payable  $1,397,000

                           To Equity Investments                                    $1,397,000

8 0
3 years ago
Before going into a prospect's office, the secretary advised the new salesperson that her boss likes facts and figures and is su
Nookie1986 [14]

Answer: ANALYTICALS/ ANALYTICAL THINKERS

Explanation:

Analytical thinkers are known to use knowledge and facts to get to a decision. They prefer to know all they can about a subject before they comment on it and as such rarely jump to conclusions. They are usually introverted as well and prefer not to deal with others.

This is why it stands to reason that the prospect is an Analytical.

4 0
3 years ago
Read 2 more answers
Which of the following are possible electrocution hazards?
makvit [3.9K]
Anything that contains, and or supplies electricity. (e.g. Fuse box/Breaker Box, Industrial Battery Terminals, Power Outputs(Outlets,Switches,Lights etc.)<span />
5 0
4 years ago
According to the BRANDZ model of brand strength, brand building involves people progressing through a sequential series of steps
Rasek [7]

Answer:

<u>A) Presence</u>

Explanation:

A brand is simply an identifying mark of a particular product manufactured by particular company.

The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.

By knowing how long a product brand has been in existence people can the question what do I know about it?

4 0
3 years ago
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