Question 1

Which country has the highest per capita medical expenditures of any industrialized country in the world?

Accepted Answer

A)  Australia
B)  Britain
C)  Canada
D)  Denmark
E)  U.S.A.F) B) and E)
G) C) and D)

Question 2

Hospital expense insurance pays part or all of the hospital bills for room,board,and other charges.

Accepted Answer

A) True 
 B)False

Question 3

Harry Mayhue gets a bad case of the flu and ends up in the hospital for three days.Which part of his basic insurance coverage should help pay for this stay?

Accepted Answer

A)  hospital expense
B)  surgical expense
C)  physician expense
D)  major medical
E)  Medicare Part BF) A) and E)
G) C) and D)

Question 4

John Gleason is permanently disabled while on the job.Which of the following is the most likely source of disability income for John?

Accepted Answer

A)  his employer
B)  social security
C)  worker's compensation
D)  an individual insurance policy
E)  his health insurance policyF) B) and D)
G) C) and D)

Question 5

Medical insurance is which part of Medicare?

Accepted Answer

A)  Part A
B)  Part B
C)  Part C
D)  Part D
E)  Part EF) B) and D)
G) A) and C)

Question 6

Karen Blumenthall was seriously injured in a car accident and is paralyzed from the waist down.Luckily,she has an insurance policy that will pay for someone to come in and help with her day-to-day activities such as bathing,dressing,and household chores.What type of insurance policy is this likely to be?

Accepted Answer

A)  comprehensive major medical
B)  hospital indemnity
C)  long-term care
D)  cancer
E)  disability incomeF) B) and C)
G) A) and B)

Question 7

Individual health insurance covers either one person or a family.

Accepted Answer

A) True 
 B)False

Question 8

Which one of the following is not a provider of health insurance?

Accepted Answer

A)  fraternal organizations
B)  trade unions
C)  government programs such as Medicare
D)  Health Insurance Industry Association
E)  Blue Cross and Blue ShieldF) B) and E)
G) All of the above

Question 9

Why are a growing number of students without health insurance?

Accepted Answer

A)  insurance companies refuse to insure them
B)  students are young and healthy
C)  students don't need health insurance
D)  students don't care if they get sick
E)  older students are not covered by family policiesF) B) and E)
G) A) and C)

Question 10

Which of the following is not a way that you can reduce your personal health care cost?

Accepted Answer

A)  Ask your physician and pharmacist if a less expensive generic drug is available.
B)  Save time and do not review billing statements from medical providers.
C)  Practice preventative care and stay well.
D)  Consider participating in a flexible spending account if your employer offers it.
E)  Ask your physician if you can follow up by phone instead of visiting the officE.F) C) and D)
G) B) and D)

Question 11

A coinsurance provision requires the policyholder to share the expenses beyond the deductible amount.

Accepted Answer

A) True 
 B)False

Question 12

Darren Chase has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year.What provision in his insurance policy would specify this?

Accepted Answer

A)  eligibility
B)  assigned benefits
C)  benefit limits
D)  guaranteed renewable
E)  exclusionsF) A) and B)
G) B) and E)

Question 13

Public opinion polls consistently show that Americans are happy with the nation's health care system.

Accepted Answer

A) True 
 B)False

Question 14

Why are the costs of health insurance and health care increasing?

Accepted Answer

Among the reasons for high and rising he...

Question 15

Identify the main private sources of health care insurance.

Accepted Answer

Health insurance and health care is avai...

Question 16

Which of the following statements is correct about Medicaid?

Accepted Answer

A)  The Social Security Act created Medicaid in 1965.
B)  Medicaid is a program of medical assistance to certain low-income individuals and families.
C)  Medicaid is administered by each state within certain federal guidelines.
D)  Medicaid is financed by both state and federal funds.
E)  All of the statements are correct.F) B) and D)
G) All of the above

Question 17

What are some things that you can do to reduce your personal health care costs?

Accepted Answer

The best way to avoid the high cost of i...

Question 18

Very few members of the Medicaid population are also covered by Medicare.

Accepted Answer

A) True 
 B)False

Question 19

Hospital insurance (Part A) of Medicare is financed from part of the ____________ tax.

Accepted Answer

A)  state income
B)  federal excise
C)  individual income
D)  corporate income
E)  Social SecurityF) None of the above
G) A) and C)

Question 20

What are the five basic types of health insurance? What are their benefits and limitations?

Accepted Answer

Five basic types of health insurance are...

Exam 11: Health, Disability, and Long-Term Care Insurance

Medical insurance is which part of Medicare?

Correct Answer
verified

What are the five basic types of health insurance? What are their benefits and limitations?

Correct Answer
verified
Five basic types of health insurance are...
View Answer

Very few members of the Medicaid population are also covered by Medicare.

Correct Answer
verified

Individual health insurance covers either one person or a family.

Correct Answer
verified

Hospital expense insurance pays part or all of the hospital bills for room,board,and other charges.

Correct Answer
verified

Which of the following statements is correct about Medicaid?

Correct Answer
verified

Darren Chase has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year.What provision in his insurance policy would specify this?

Correct Answer
verified

Which one of the following is not a provider of health insurance?

Correct Answer
verified

John Gleason is permanently disabled while on the job.Which of the following is the most likely source of disability income for John?

Correct Answer
verified

What are some things that you can do to reduce your personal health care costs?

Correct Answer
verified
The best way to avoid the high cost of i...
View Answer

Hospital insurance (Part A) of Medicare is financed from part of the ____________ tax.

Correct Answer
verified

Which country has the highest per capita medical expenditures of any industrialized country in the world?

Correct Answer
verified

A coinsurance provision requires the policyholder to share the expenses beyond the deductible amount.

Correct Answer
verified

Why are the costs of health insurance and health care increasing?

Correct Answer
verified
Among the reasons for high and rising he...
View Answer

Which of the following is not a way that you can reduce your personal health care cost?

Correct Answer
verified

Correct Answer
verified

Harry Mayhue gets a bad case of the flu and ends up in the hospital for three days.Which part of his basic insurance coverage should help pay for this stay?

Correct Answer
verified

Identify the main private sources of health care insurance.

Correct Answer
verified
Health insurance and health care is avai...
View Answer

Public opinion polls consistently show that Americans are happy with the nation's health care system.

Correct Answer
verified

Why are a growing number of students without health insurance?

Correct Answer
verified

Exam 11: Health, Disability, and Long-Term Care Insurance

Medical insurance is which part of Medicare?

Correct AnswerverifiedShow Answer

What are the five basic types of health insurance? What are their benefits and limitations?

Correct AnswerverifiedFive basic types of health insurance are...View AnswerShow Answer

Very few members of the Medicaid population are also covered by Medicare.

Correct AnswerverifiedShow Answer

Individual health insurance covers either one person or a family.

Correct AnswerverifiedShow Answer

Hospital expense insurance pays part or all of the hospital bills for room,board,and other charges.

Correct AnswerverifiedShow Answer

Which of the following statements is correct about Medicaid?

Correct AnswerverifiedShow Answer

Darren Chase has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year.What provision in his insurance policy would specify this?

Correct AnswerverifiedShow Answer

Which one of the following is not a provider of health insurance?

Correct AnswerverifiedShow Answer

John Gleason is permanently disabled while on the job.Which of the following is the most likely source of disability income for John?

Correct AnswerverifiedShow Answer

What are some things that you can do to reduce your personal health care costs?

Correct AnswerverifiedThe best way to avoid the high cost of i...View AnswerShow Answer

Hospital insurance (Part A) of Medicare is financed from part of the ____________ tax.

Correct AnswerverifiedShow Answer

Which country has the highest per capita medical expenditures of any industrialized country in the world?

Correct AnswerverifiedShow Answer

A coinsurance provision requires the policyholder to share the expenses beyond the deductible amount.

Correct AnswerverifiedShow Answer

Why are the costs of health insurance and health care increasing?

Correct AnswerverifiedAmong the reasons for high and rising he...View AnswerShow Answer

Which of the following is not a way that you can reduce your personal health care cost?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Harry Mayhue gets a bad case of the flu and ends up in the hospital for three days.Which part of his basic insurance coverage should help pay for this stay?

Correct AnswerverifiedShow Answer

Identify the main private sources of health care insurance.

Correct AnswerverifiedHealth insurance and health care is avai...View AnswerShow Answer

Public opinion polls consistently show that Americans are happy with the nation's health care system.

Correct AnswerverifiedShow Answer

Why are a growing number of students without health insurance?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
Five basic types of health insurance are...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The best way to avoid the high cost of i...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Among the reasons for high and rising he...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Health insurance and health care is avai...
View Answer

Correct Answer
verified

Correct Answer
verified