11 Questions
What is a key difference between Single Payer and Private Insurance in terms of funding?
Single Payer is funded through taxes, while Private Insurance relies on premiums.
What is the primary method of funding for US private insurance companies like Aetna and United Healthcare?
Premiums paid by individuals or employers
Which Indian public health insurance scheme specifically targets economically vulnerable families for secondary and tertiary hospitalization expenses?
Ayushman Bharat
What is a common challenge faced by private insurers due to fraudulent claims in healthcare?
Increased costs for insurers and policyholders
Which statement accurately describes the coverage provided by private health insurance in India?
Comprehensive coverage includes hospitalization, outpatient care, and critical illness coverage.
In the US healthcare system, who primarily pays the premiums for private insurance coverage?
Individuals or employers
What is the purpose of health insurance?
To mitigate financial risks associated with healthcare costs
What are deductibles in health insurance?
The maximum amount an individual pays out-of-pocket before insurance coverage starts
What does Single Payer Health Insurance entail?
All citizens receive healthcare regardless of income or employment status
How is Private Health Insurance different from Single Payer Health Insurance?
Single Payer Health Insurance is funded through personal and business taxes, unlike Private Health Insurance
What defines Universal Coverage in healthcare?
A system where all citizens receive healthcare regardless of income or job status
Learn about the definition, purpose, premiums, deductibles, coverage limits, and single-payer health insurance with this quiz on health insurance.
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