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True or False
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1

If a payment agreement between the patient and physician includes more than four payments, it is not regulated by the Truth in Lending Act.
A)True
B)False
2

It is becoming more common that medical practices do not accept any insurance.
A)True
B)False
3

It may be considered fraud to consistently not collect co-payments or deductibles.
A)True
B)False
4

A physician would never extend credit to a patient who is unable to pay because of high medical bills.
A)True
B)False
5

The credit card company deducts a percentage of each patient's charge for its collection service.
A)True
B)False
6

Damages are money paid as punishment for intentionally breaking the law.
A)True
B)False
7

Encourage patients to pay by credit card.
A)True
B)False
8

Free treatment for hardship cases is at the physician's discretion.
A)True
B)False
9

To protect the practice from lost income because of nonpayment, the practice may buy accounts receivable insurance.
A)True
B)False
10

There is a growing tendency to determine fees by national rather than regional trends.
A)True
B)False





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