Medical Coding Practice Test 2025 - Free Medical Coding Practice Questions and Study Guide

Reimbursement for covered services refers to the payment made by the insurance company to healthcare providers for services that are deemed necessary and covered under a patient’s insurance policy. This process is essential in the healthcare system, as it helps ensure that providers are compensated for the care they deliver while also managing costs for patients. Covered services typically encompass a range of medical treatments, procedures, and supplies that fall within the terms of the insurance plan, making it critical for the financial viability of healthcare practices.

The other options focus on aspects that do not accurately represent the essence of reimbursement. Costs incurred by the patient pertains to out-of-pocket expenses not covered by insurance, while discounts on future services are irrelevant in the context of reimbursement for provided care. Additionally, funding for preventative care only is too narrow of a definition, as reimbursement can include a variety of services beyond just preventive measures.