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Questions and Answers
Which of the following is the number one cause for bankruptcy?
Which of the following is the number one cause for bankruptcy?
- Large medical bills
- Chronic conditions
- Healthcare costs (correct)
- Health insurance
What does health insurance protect your life savings from?
What does health insurance protect your life savings from?
- Chronic diseases
- Major accidents
- Medical emergencies
- All of the above (correct)
What is the purpose of a monthly premium in health insurance?
What is the purpose of a monthly premium in health insurance?
- To pay for out-of-pocket maximum
- To cover all medical expenses
- To determine eligibility
- To count towards the deductible (correct)
Which type of health plan allows you to choose your own primary care doctor?
Which type of health plan allows you to choose your own primary care doctor?
What percentage of the remaining $3,000 would the person in the example have to pay if they have a $1,000 deductible and a 10% coinsurance?
What percentage of the remaining $3,000 would the person in the example have to pay if they have a $1,000 deductible and a 10% coinsurance?
Which type of health plan usually has a percentage of the premium paid by the employer?
Which type of health plan usually has a percentage of the premium paid by the employer?
Which of the following terms refers to the maximum amount an individual has to pay in a health insurance plan year, excluding premiums?
Which of the following terms refers to the maximum amount an individual has to pay in a health insurance plan year, excluding premiums?
What is the purpose of a deductible in health insurance?
What is the purpose of a deductible in health insurance?
If someone has a $40 co-pay for office visits, where does this payment go towards?
If someone has a $40 co-pay for office visits, where does this payment go towards?
Which of the following is NOT an example of a government health plan?
Which of the following is NOT an example of a government health plan?
What is the main difference between an HMO and a PPO?
What is the main difference between an HMO and a PPO?
What is the purpose of a deductible in health insurance?
What is the purpose of a deductible in health insurance?
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