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Select the correct statement about the 820-Payment Order/Remittance advice transaction.

HIPAA HIO-201 Full Course Access
HIPAA HIO-201 View All Questions

Select the correct statement about the 820-Payment Order/Remittance advice transaction.

A.

It can be used for the payment of provider claims.

B.

It can be used to pay for insurance products (either individual or group premiums).

C.

It can function solely as a remittance advice.

D.

Electronic Funds Transfer is fully supported.

E.

This transaction can carry either summary or detailed remittance information.

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