Exam 5: Employer-Sponsored Health-Care Plans

Health insurance became part of the Social Security Act of 1935 during the Great Depression of the 1930s.(Origins of Health-Care Benefits)

Preadmission testing is offered under the inpatient hospitalization benefit of a health-care plan.(Hospitalization Benefits)

Under the Patient Protection and Affordable Care Act,only employers are subject to monetary penalties for failure to provide or carry insurance coverage.(Patient Protection and Affordable Care Act of 2010)

Health care premiums are quite high,often amounting to as much as ______ of annual benefits costs.(Health-Care Coverage and Costs)

Medical care has risen about how much since 1984? (Health Insurance Coverage and Costs)

These types of insurance plans provide protection against health care expenses in the form of cash benefits paid to the insured or directly to the provider after the services are rendered.(Fee-For-Service Plans)