HIPAA Exam HIO-201 Topic 3 Question 88 Discussion

Actual exam question for HIPAA's HIO-201 exam

Question #: 88
Topic #: 3

Select the correct statement regarding the transaction rule.

AThe Transaction standards apply to electronic transactions.

BERISA plans are exempted from the standard.

CData stored by a covered entity must meet the transaction standards if the covered entity is directly submitting standard transactions.

DA covered entity (e.g. provider, health plan) may submit non-standard transactions to a clearinghouse that converts them into standard transactions. In this case the covered entity still needs to store its data in transaction standard formats.

EState Medicaid programs need not meet the same requirements as private health plans.

Show Suggested Answer

Suggested Answer: B

by Maryann at Jan 23, 2025, 01:34 PM

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Willetta

3 months ago

I'm going with B. ERISA plans are exempted from the standard, so they can do whatever they want, right? Wait, what's an ERISA plan again?

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Merissa

3 months ago

Ha! Option E is clearly a trick question. Of course state Medicaid programs need to meet the same requirements as private health plans. They're not some special snowflake.

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Aja

2 months ago

D) A covered entity (e.g. provider, health plan) may submit non-standard transactions to a clearinghouse that converts them into standard transactions. In this case the covered entity still needs to store its data in transaction standard formats.

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Dick

2 months ago

C) Data stored by a covered entity must meet the transaction standards if the covered entity is directly submitting standard transactions.

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Orville

3 months ago

A) The Transaction standards apply to electronic transactions.

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Lezlie

4 months ago

Option D seems the most reasonable to me. A covered entity can submit non-standard transactions to a clearinghouse, but the covered entity still needs to store its data in transaction standard formats.

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Alecia

3 months ago

Yes, it helps streamline the process for all parties involved.

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Sherita

3 months ago

Clearinghouses play a key role in ensuring data is standardized.

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Apolonia

3 months ago

It's important for data consistency. Non-standard transactions can still be converted.

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Cyndy

3 months ago

I agree, option D makes sense. The covered entity still has to store data in standard formats.

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Lindy

4 months ago

I think option C is the correct answer. The data stored by a covered entity must meet the transaction standards if the covered entity is directly submitting standard transactions.

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