Question

The relative weight for code 69200 is 0.6712. Use the conversion factor ($71.315) to determine the payment rate.

a. $47.84
b. $58.25
c. $48.00
d. $60.43

Answer 1

The payment rate for code 69200 is $47.84.

Step-by-step explanation:

To determine the payment rate, we need to multiply the relative weight for code 69200 (0.6712) by the conversion factor ($71.315).

Payment rate = Relative weight * Conversion factor

Payment rate = 0.6712 * $71.315 = $47.84

Therefore, the payment rate is $47.84, which corresponds to option a.