Third-party payers are covered by both state and federal regulations. Two of the federal regulations are:

Question

Quizplus · Accepted Answer

ERISA (Employee Retirement Income Security Act) and HIPAA (Health Insurance Portability and Accountability Act) are two federal regulations that cover third-party payers.

COBRA (Consolidated Omnibus Budget Reconciliation Act) is also a federal regulation but it primarily deals with continuation of health coverage after specific qualifying events, rather than regulating third-party payers. PPO (Preferred Provider Organization) and EPO (Exclusive Provider Organization) are types of health insurance plans, not federal regulations.

ERICA is not a federal regulation and therefore not a valid answer choice.

Third-Party Payers Are Covered by Both State and Federal Regulations