Question 1

Long-term care insurance covers nursing home care.

Accepted Answer

A) True 
 B)False

Question 2

An insurance contract made with a business entity that covers its employees under a single policy is called a/an:

Accepted Answer

A)  group contract. 
B)  business contract. 
C)  equilateral contract. 
D)  managed care contract. 
A)  group contract. 
B)  business contract. 
C)  equilateral contract. 
D)  managed care contract.

Question 3

The Affordable Care Act now makes it illegal for health insurance companies to deny coverage to any applicant with a preexisting condition.

Accepted Answer

A) True 
 B)False

Question 4

The "birthday rule" is an informal procedure used to determine which plan is "primary" when individuals are listed as dependents on more than one policy.

Accepted Answer

A) True 
 B)False

Question 5

A special tax shelter set up for the purpose of paying medical bills is a/an:

Accepted Answer

A)  indemnity plan. 
B)  managed care plan. 
C)  tax shelter contract. 
D)  medical savings account. 
A)  indemnity plan. 
B)  managed care plan. 
C)  tax shelter contract. 
D)  medical savings account.

Question 6

The monthly (or periodic)fee paid for health insurance is commonly called a:

Accepted Answer

A)  stipend. 
B)  premium. 
C)  penalty. 
D)  disbursement. 
A)  stipend. 
B)  premium. 
C)  penalty. 
D)  disbursement.

Question 7

When an individual is eligible for coverage under two different health insurance policies,____________________ limits the total benefits an insured individual can receive from both plans to not more than 100% of the allowable expenses.

Accepted Answer

A)  COBRA 
B)  coordination of benefits 
C)  the health reimbursement arrangement 
D)  medical necessity 
A)  COBRA 
B)  coordination of benefits 
C)  the health reimbursement arrangement 
D)  medical necessity

Question 8

SSDI is an insurance program that only individuals older than 65 can qualify for.

Accepted Answer

A) True 
 B)False

Long-term care insurance covers nursing home care.

An insurance contract made with a business entity that covers its employees under a single policy is called a/an:

The Affordable Care Act now makes it illegal for health insurance companies to deny coverage to any applicant with a preexisting condition.

The "birthday rule" is an informal procedure used to determine which plan is "primary" when individuals are listed as dependents on more than one policy.

A special tax shelter set up for the purpose of paying medical bills is a/an:

The monthly (or periodic)fee paid for health insurance is commonly called a:

When an individual is eligible for coverage under two different health insurance policies,____________________ limits the total benefits an insured individual can receive from both plans to not more than 100% of the allowable expenses.

SSDI is an insurance program that only individuals older than 65 can qualify for.

The Origins of Health Insurance

Tools of the Trade: A Career as a Health (Medical)Insurance Professional

The Legal and Ethical Side of Medical Insurance

Claim Submission Methods

Traditional Fee For Service/Private Plans

Unraveling the Mysteries of Managed Care

Understanding Medicaid

Conquering Medicare’s Challenges

Military Carriers

Miscellaneous Carriers: Workers’ Compensation and Disability Insurance

Diagnostic Coding

Procedural, Evaluation and Management, and HCPCS Coding

The Patient

Keys to Successful Claims Management

The Role of Computers in Health Insurance

Reimbursement Procedures: Getting Paid

Hospital Billing and the UB-04

Filters

Exam 4: Types and Sources of Health Insurance

Long-term care insurance covers nursing home care.

An insurance contract made with a business entity that covers its employees under a single policy is called a/an:

The Affordable Care Act now makes it illegal for health insurance companies to deny coverage to any applicant with a preexisting condition.

The "birthday rule" is an informal procedure used to determine which plan is "primary" when individuals are listed as dependents on more than one policy.

A special tax shelter set up for the purpose of paying medical bills is a/an:

The monthly (or periodic)fee paid for health insurance is commonly called a:

When an individual is eligible for coverage under two different health insurance policies,____________________ limits the total benefits an insured individual can receive from both plans to not more than 100% of the allowable expenses.

SSDI is an insurance program that only individuals older than 65 can qualify for.

The Origins of Health Insurance

Tools of the Trade: A Career as a Health (Medical)Insurance Professional

The Legal and Ethical Side of Medical Insurance

Claim Submission Methods

Traditional Fee For Service/Private Plans

Unraveling the Mysteries of Managed Care

Understanding Medicaid

Conquering Medicare’s Challenges

Military Carriers

Miscellaneous Carriers: Workers’ Compensation and Disability Insurance

Diagnostic Coding

Procedural, Evaluation and Management, and HCPCS Coding

The Patient

Keys to Successful Claims Management

The Role of Computers in Health Insurance

Reimbursement Procedures: Getting Paid

Hospital Billing and the UB-04

Filters