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15 questions
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- Multiple ChoicePlease save your changes before editing any questions.
A regular payment each month to the insurance company is called
Deductible
Premium
Coinsurance
- Multiple ChoicePlease save your changes before editing any questions.
A specific amount paid each time someone visits the primary physician is called
Co-Pay
Premium
Deductible
- Multiple ChoicePlease save your changes before editing any questions.
Which is an example of group health insurance?
Employer-Paid
Catastrophic
Supplemental
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following adequately describes the main difference between group health insurance and individual health insurance?
Those enrolled in a group health insurance plan pay less in premiums than those in an individual plan
Those enrolled in a group health insurance plan pay more in premiums than those in an individual plan
Those enrolled in a group health insurance plan receive less coverage than those in an individual plan
- Multiple ChoicePlease save your changes before editing any questions.
Of the groups listed below, which would most likely purchase an individual health insurance plan?
Union worker
Self-employed
Municipal employee
- Multiple ChoicePlease save your changes before editing any questions.
In health insurance, what is meant by the term "network"?
Hospitals owned by the same company
Health care professionals that are part of a health plan's group of provider's
Physicians who charge the same rate for the same type of procedure
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following might not be considered a primary care provider?
Cardiologist (a doctor who specializes in the study or treatment of heart diseases and heart abnormalities)
Internist (a doctor who provides long-term, comprehensive care and manage both common and complex diseases)
Pediatrician (a medical doctor who specializes in children)
- Multiple ChoicePlease save your changes before editing any questions.
What is the health insurance plan that DIRECTLY employs or contracts with selected, or pre-approved, physicians and other medical professionals to provide health care services in exchange for a fixes, prepaid monthly premium?
Health maintenance organization (HMO)
Preferred provider organization (PPO)
Point-of-service (POS) plan
- Multiple ChoicePlease save your changes before editing any questions.
A type of life insurance that pays less to the beneficiary as time passes.
Conversion term
Decreasing term
Level term
- Multiple ChoicePlease save your changes before editing any questions.
Which terms describes what you must pay each year before your health plan begins paying?
Deductible
Rider
Co-Payment
- Multiple ChoicePlease save your changes before editing any questions.
The individual who takes out the life insurance policy is called...
Beneficiary
Dependant
Policyholder
- Multiple ChoicePlease save your changes before editing any questions.
What is term life insurance?
Insurance for the terminally ill
Insurance that expires after a specified period of time
Insurance that allows you to set all of the terms of the contract
- Multiple ChoicePlease save your changes before editing any questions.
A whole life policy is _______ than a term life policy.
More expensive
Less expensive
Easier to apply for
- Multiple ChoicePlease save your changes before editing any questions.
Which is NOT one of the major types of life insurance?
Universal life
Guaranteed-issue life
Whole life
- Multiple ChoicePlease save your changes before editing any questions.
Permanent life insurance:
Combines a death benefit with a tax-sheltered savings plan
Features rates that change annually with the cost of living
Can be converted to term life at the request of the policy holder