Thryve Digital
10+ Kapsons Worldwide Interview Questions and Answers
Q1. What are ur plans in thryve digital?
My plans in Thryve Digital involve utilizing my process analysis skills to optimize workflows and improve efficiency.
Identifying bottlenecks in current processes
Developing and implementing solutions to streamline workflows
Collaborating with cross-functional teams to ensure smooth operations
Continuously monitoring and analyzing processes to identify areas for improvement
Leveraging data and analytics to make data-driven decisions
Providing regular reports and updates on process ...read more
Q2. what is Medicare Advantage Plan Or MAPD? What is EOB?
Medicare Advantage Plan (MAPD) is a type of Medicare health plan offered by private companies approved by Medicare. EOB stands for Explanation of Benefits.
MAPD is an alternative to Original Medicare and provides additional benefits like prescription drug coverage, dental, vision, and hearing services.
Private insurance companies administer MAPD plans and must follow Medicare guidelines.
EOB is a statement sent by health insurance companies to explain what medical treatments and...read more
Q3. Explain managedcare products which I have worked in previous org ?
Managed care products involve coordinating healthcare services to improve quality and control costs.
Managed care products focus on coordinating healthcare services for members
They often involve networks of providers who agree to provide services at a discounted rate
Examples include HMOs, PPOs, and EPOs
Utilization management and care coordination are key components of managed care products
Q4. Explain a scenario in processing claims from top to down approach ?
Processing claims from top to down approach involves prioritizing high-value claims and resolving them first.
Claims are sorted based on their value and urgency
High-value claims are given priority and processed first
Claims are reviewed for completeness and accuracy before processing
Claims are processed in a timely manner to ensure customer satisfaction
Claims are closed once they are resolved or denied
Q5. What is copay, coinsurance, deductible?
Copay, coinsurance, and deductible are terms used in health insurance to describe the amount a patient pays for medical services.
Copay is a fixed amount paid by the patient for a specific medical service, such as a doctor's visit or prescription medication.
Coinsurance is a percentage of the cost of a medical service that the patient is responsible for paying, after the deductible has been met.
Deductible is the amount the patient must pay out of pocket before the insurance com...read more
Q6. Explain business flow for claim product development?
Claim product development involves identifying customer needs, designing products, pricing, marketing, and handling claims.
Identify customer needs and market trends
Design products that meet customer requirements
Price products competitively in the market
Develop marketing strategies to promote products
Establish processes for handling claims efficiently
Q7. What is your current test environment management tool and how does this help in your daily activities
Our current test environment management tool is Jenkins, which helps automate our testing processes and streamline our daily activities.
Jenkins allows us to schedule and run automated tests, saving time and effort.
It provides detailed reports on test results, helping us identify and fix issues quickly.
We can integrate Jenkins with other tools like Jira for seamless workflow management.
Q8. What information are in EOB?
EOB contains information about medical claims and payments.
EOB stands for Explanation of Benefits.
It includes details about medical services provided, charges, and payments.
It also shows the patient's responsibility for payment, such as deductibles or co-pays.
EOBs are typically sent to patients after their insurance company processes a claim.
They can be used to verify that the insurance company paid the correct amount for services rendered.
Q9. Explain about the swift payment flows. Explain any one end to end payment flows
Swift payment flows refer to the process of transferring funds quickly and securely between financial institutions globally.
Swift payment flows involve the sender initiating a payment instruction through their bank.
The instruction is then sent to the recipient's bank via the SWIFT network.
The recipient's bank verifies the payment details and credits the recipient's account.
An example of an end-to-end payment flow is when a company in the US sends a wire transfer to a supplier...read more
Q10. Are you aware of JIRA or any ticketing tools
Yes, I am aware of JIRA and have experience using ticketing tools in previous projects.
Yes, I have used JIRA extensively in previous projects for tracking tasks and issues.
I am familiar with creating, assigning, and tracking tickets in JIRA.
I have also used other ticketing tools like Trello and Asana for project management.
Q11. 1. What is agile testing 2. What is regression testing? 3. Waterfall model and v model
Agile testing is a software testing methodology that follows the principles of agile software development. Regression testing is the process of testing changes to ensure that previously developed and tested software still performs correctly. Waterfall model and V model are software development models.
Agile testing involves continuous testing throughout the software development lifecycle
Regression testing ensures that changes to software do not affect previously developed and ...read more
Q12. Leave manegement during peak
Effective leave management during peak requires planning, communication and flexibility.
Plan ahead and communicate clearly with team members about leave policies and expectations.
Encourage team members to prioritize their workload and take time off when necessary.
Be flexible and willing to adjust schedules or delegate tasks to ensure coverage during peak periods.
Consider offering incentives or rewards for team members who are able to work during peak periods.
Monitor leave req...read more
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