Markup divided by cost, multiplied by 100%, equals markup rate. If a medication costs $93.25 and the selling price is $113.98, what is the markup rate?

A. 12%
B. 22%
C. 23%
D. 25%


Answer: B

Health Professions

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A) Wrong route error B) Wrong dose error C) Wrong dosage form error D) Wrong drug error

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The medical office specialist can learn about an insurance carrier's appeals process through:

A) an administrative manual. B) newsletters from the carrier. C) phone calls to the carrier. D) all of the above.

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What will be an ideal response?

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Fill in the blank(s) with the appropriate word(s).

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