Question

The resource-based relative value scale ______ was developed for both Medicare and Medicaid services. Other insurance companies seem to follow suit with this.

a) RVU
b) CPT
c) RBRVS
d) ICD-10

Answer 1

The resource-based relative value scale (RBRVS) was developed for both Medicare and Medicaid services. Other insurance companies also tend to follow the RBRVS. The RBRVS is a system that assigns values to medical services based on factors like time, effort, and expertise required to perform them.

Step-by-step explanation:

The resource-based relative value scale (RBRVS) was developed for both Medicare and Medicaid services.

Other insurance companies also tend to follow the RBRVS.

The RBRVS is a system that assigns values to medical services based on factors like time, effort, and expertise required to perform them.