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

Which provision in a health insurance policy prevents you from collecting benefits from two or more group policies that would in total exceed the actual charges?

Medicare hospital insurance is financed from a portion of the Social Security tax.

According to the Government Accountability Office,fraud and abuse account for nearly ________ percent of all dollars spent on health care.

One way to reduce your own medical costs is to stay well.

Blue Shield plans provide hospital care benefits on essentially a "service type" basis.

According to The Center for Medicare and Medicaid Services,health insurance includes both medical expense insurance and:

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

Because Medicaid coverage is very limited,people using it need to purchase supplemental insurance.

Group health insurance plans comprise about ________ percent of all the health insurance issued by health and life insurance companies.

Dread disease and cancer policies are usually very good values.

Which type of insurance protects your ability to earn income?

The Wilson family has health insurance coverage that pays 50 percent of out-of-hospital expenses after a $1,200 deductible per person.Mrs.Wilson incurred doctor and prescription medication expenses of $3,850.What amount would the insurance company pay and what amount will the Wilson family pay?

Medigap insurance,intended to supplement Medicare,is sold and serviced by the federal government.

Most insurers limit disability benefits from all sources of insurance to no more than ________ percent of your take-home pay.

Which of the following groups has undertaken innovative activities to contain the costs of health care?

Which of the following is true regarding the difference between a reimbursement policy and an indemnity policy for health insurance provisions?

Which of the following is not a key provision of the Patient Protection and Affordable Care Act of 2010?

You should look for a disability income policy that waives premium payments while you are disabled.

Most private insurance companies sell health insurance policies to ________,who in turn offer them as fringe benefits.

If you are 35 years old now,your chances of experiencing a three-month or longer disability before you reach age 65 are _____percent,according to the National Association of Insurance Commissioners.