Question 1

An individual receiving health care:

Accepted Answer

A)  is allowed to receive a one-time payment only from his/her insurance company for this care.
B)  is allowed to receive multiple payments from only two insurance companies for this care.
C)  is allowed to receive multiple payments from more than one insurance company for this care.
D)  is allowed to receive either compensation from the employer or a one-time payment from only one insurance company for this care.
E)  is allowed to receive payments from his/her employer only twice in his/her lifetime.F) B) and D)
G) A) and D)

Question 2

A preferred provider organization has characteristics of both an individual practice association (IPA)and an indemnity plan.

Accepted Answer

A) True 
 B)False

Question 3

Medicare is a government-sponsored health care plan composed of Part A and Part B.Part A provides ___________. ​

Accepted Answer

A)  prescription drug coverage
B)  services of physicians and surgeons
C)  inpatient hospital services
D)  home health servicesE) B) and C)
F) All of the above

Question 4

Millions of Americans are not covered by health insurance.

Accepted Answer

A) True 
 B)False

Question 5

Advances in medical technology,drug prescriptions,and treatments have substantially reduced the cost of health care in recent decades.

Accepted Answer

A) True 
 B)False

Question 6

Some employers providing health insurance as an employee benefit offer only one plan and pay _____.

Accepted Answer

A)  the entire health care cost for employees
B)  the entire health care cost for dependents of employees
C)  the entire health care premium only for dependents of employees
D)  either all or part of the health care insurance premiums
E)  the entire cost of the additional insurance benefit desired by employeesF) B) and C)
G) B) and D)

Question 7

An elimination period is the number of days that must pass before disability policies pay the benefits.

Accepted Answer

A) True 
 B)False

Question 8

An insured individual's right to continue a health insurance policy if he or she chooses is known as:

Accepted Answer

A)  policy exclusion.
B)  co-insurance.
C)  co-payment.
D)  benefits duration
E)  renewability.F) A) and C)
G) B) and D)

Question 9

The insurance designed to help with nursing home or in-home care due to chronic illness is called:

Accepted Answer

A)  Medicare.
B)  major medical plan.
C)  comprehensive major medical plan.
D)  nursing home care.
E)  long-term care.F) All of the above
G) C) and D)

Exam 9: Insuring Your Health

An insured individual's right to continue a health insurance policy if he or she chooses is known as:

Correct Answer
verified

A preferred provider organization has characteristics of both an individual practice association (IPA)and an indemnity plan.

Correct Answer
verified

An individual receiving health care:

Correct Answer
verified

The insurance designed to help with nursing home or in-home care due to chronic illness is called:

Correct Answer
verified

Millions of Americans are not covered by health insurance.

Correct Answer
verified

An elimination period is the number of days that must pass before disability policies pay the benefits.

Correct Answer
verified

Medicare is a government-sponsored health care plan composed of Part A and Part B.Part A provides ___________.

Correct Answer
verified

Advances in medical technology,drug prescriptions,and treatments have substantially reduced the cost of health care in recent decades.

Correct Answer
verified

Some employers providing health insurance as an employee benefit offer only one plan and pay _____.

Correct Answer
verified

Exam 9: Insuring Your Health

An insured individual's right to continue a health insurance policy if he or she chooses is known as:

Correct AnswerverifiedShow Answer

A preferred provider organization has characteristics of both an individual practice association (IPA)and an indemnity plan.

Correct AnswerverifiedShow Answer

An individual receiving health care:

Correct AnswerverifiedShow Answer

The insurance designed to help with nursing home or in-home care due to chronic illness is called:

Correct AnswerverifiedShow Answer

Millions of Americans are not covered by health insurance.

Correct AnswerverifiedShow Answer

An elimination period is the number of days that must pass before disability policies pay the benefits.

Correct AnswerverifiedShow Answer

Medicare is a government-sponsored health care plan composed of Part A and Part B.Part A provides ___________. ​

Correct AnswerverifiedShow Answer

Advances in medical technology,drug prescriptions,and treatments have substantially reduced the cost of health care in recent decades.

Correct AnswerverifiedShow Answer

Some employers providing health insurance as an employee benefit offer only one plan and pay _____.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Medicare is a government-sponsored health care plan composed of Part A and Part B.Part A provides ___________.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified