Exam (elaborations)
Health Insurance – Questions & Solutions
- Course
- HEALTH INSURANCE
- Institution
- HEALTH INSURANCE
Health Insurance – Questions & Solutions
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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
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