AES Insurance QUESTIONS AND CERTIFIED TRUE DETAILED ANSWERS 2023/2024

AES Insurance QUESTIONS AND CERTIFIED TRUE DETAILED ANSWERS 2023/2024 What level of government administers Medicare? - correct answer Federal With fee-for-service plans, patients are reimbursed for health care expenses after out-of-pocket payments are made. - correct answer True Why do HMOs encourage their clients to practice healthy lifestyles and to seek preventive care? - correct answer It is cheaper to prevent an illness than to treat an illness. If an insurance carrier agrees to pay 75% of the cost of a service and requests the patient pay the remaining 25%, this is what kind of expenses? - correct answer Coinsurance When a patient signs an Assignment of Benefits form, who is the patient authorizing to receive the benefits? - correct answer The physician If an individual is enrolled in an insurance plan through a benefits package at work, what kind of enrollment is this? - correct answer Group Which of the following definitions best describes health insurance? - correct answer A contract protecting patients from financial loss in case of illness Which type of managed care plan does NOT require patients to pay a deductible for in-network visits? - correct answer Point of Service Plan (POS) Which of the following is an advantage to choosing a fee-for-service plan? - correct answer The patient can receive care from any provider.