Exam (elaborations)
Health Insurance – Questions & Solutions
- Course
- HEALTH INSURANCE
- Institution
- HEALTH INSURANCE
Health Insurance – Questions & Solutions
[Show more]
Content preview
Health Insurance – Questions & SolutionsA deductible is paid on a yearly basis. Correct Ans - True
What is a health insurance premium? Correct Ans - The amount
paid to an insurance agency for an insurance policy
In which type of insurance policy does the person being insured pay the
entire premium? Correct Ans - Individual
In which type of insurance policy is the premium split between an
employer and the person being insured? Correct Ans - group
Medical insurance is an important benefit of employment. Correct Ans
- true
With indemnity insurance, patients are reimbursed for medical expenses
after out-of-pocket payments are made. Correct Ans - true
What is the goal of managed care insurance? Correct Ans - To
reduce medical expenses by maintaining healthy lifestyles
Doctors may charge any amount for the services they provide. Correct
Ans - true
Insurance agencies must reimburse doctors for the full amount that was
charged to the patient. Correct Ans - false
Many HMOs require the insured person to select one primary care
physician. Correct Ans - true
Why do HMOs encourage their clients to practice healthy lifestyles?
Correct Ans - Because it is cheaper to prevent an illness than to treat an
illness.
PPOs require the insured person to choose one primary care physician.
Correct Ans - false
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LeCrae. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$11.54. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now