Different types of Letter of Credit:
1) Revocable Letter of Credit
2) Irrevocable Letter of Credit
3) Confirmed Irrevocable Letter of Credit
4) Transferable Letter of Credit
5) Revolving Letter of Credit
6) Credit available by installments
7) Back to Back Letter of Credit
8) Anticipatory Credit or Red Clause
9) Green Clause Letter of Credit
10) Deferred Payment Letter of Credit
11) Standby Letter of Credit
Tell me how do you keep current with insurance and healthcare coverage changes?
Tell me do you know how to run reports? Can you customize reports?
Tell me do you think insurance companies sometimes play games to see if they can avoid paying claims?
Explain me do you know how to submit claims to a clearinghouse? Have you ever set up a provider with a clearinghouse or resolved claim submittal issues with them?
Explain about your most hostile patient-collection case. What was the problem you encountered? Were you able to negotiate payment?
Tell me have you ever been in a situation where you had to bargain with someone? How did you feel about this? What did you do? Give an example?
Basic Medical Billing Specialist interview questions
Explain are you comfortable working with computers? What types of software do you have experience with?
Explain about the last claim you had denied. What happened, and how did you resolve it?
Tell me are you familiar with Electronic Medical Records (EMR) systems? Which ones have you used. How did you use it?
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