Question 1

Joe Johnson needs surgery for appendicitis.Which part of his basic health insurance coverage should help pay for the surgeon's fees?

Accepted Answer

A) Hospital expense 
B) Surgical expense 
C) Physician expense 
D) Major medical expense 
E) Medicare Part B 
A) Hospital expense 
B) Surgical expense 
C) Physician expense 
D) Major medical expense 
E) Medicare Part B

Question 2

Which one of the following would be your best selection if you could only choose one of the following types of insurance?

Accepted Answer

A) A basic plan combined with a major medical expense plan 
B) Combined dental and vision plan 
C) Dread disease and cancer plan 
D) Long-term care 
E) Accident 
A) A basic plan combined with a major medical expense plan 
B) Combined dental and vision plan 
C) Dread disease and cancer plan 
D) Long-term care 
E) Accident

Question 3

A good health insurance plan should:

Accepted Answer

A) impose unreasonable exclusions. 
B) provide at least a $2 million lifetime maximum for each family member. 
C) pay 100 percent for out-of-hospital expenses. 
D) provide at least 120 days' hospital room and board in full. 
E) limit your out-of-pocket expenses to no more than $1,000 per year. 
A) impose unreasonable exclusions. 
B) provide at least a $2 million lifetime maximum for each family member. 
C) pay 100 percent for out-of-hospital expenses. 
D) provide at least 120 days' hospital room and board in full. 
E) limit your out-of-pocket expenses to no more than $1,000 per year.

Question 4

Renee Carson's health insurance policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter.Her medical bills total $7,000.What amount is she required to pay personally?

Accepted Answer

A) $1,800 
B) $500 
C) $1,300 
D) $5,000 
E) $7,000 
A) $1,800 
B) $500 
C) $1,300 
D) $5,000 
E) $7,000

Question 5

Sophie Bennett is required to pay 20 percent of her medical costs after the deductible has been paid.What is this requirement called?

Accepted Answer

A) Coordination of benefits 
B) Deductible 
C) Coinsurance 
D) Stop-loss provision 
E) Waiver of premium 
A) Coordination of benefits 
B) Deductible 
C) Coinsurance 
D) Stop-loss provision 
E) Waiver of premium

Question 6

Because you feel young and healthy now,you may overlook the very real need for which type of insurance?

Accepted Answer

A) Disability income 
B) Automobile 
C) Dental 
D) Vision care 
E) Liability 
A) Disability income 
B) Automobile 
C) Dental 
D) Vision care 
E) Liability

Joe Johnson needs surgery for appendicitis.Which part of his basic health insurance coverage should help pay for the surgeon's fees?

Which one of the following would be your best selection if you could only choose one of the following types of insurance?

A good health insurance plan should:

Renee Carson's health insurance policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter.Her medical bills total $7,000.What amount is she required to pay personally?

Sophie Bennett is required to pay 20 percent of her medical costs after the deductible has been paid.What is this requirement called?

Because you feel young and healthy now,you may overlook the very real need for which type of insurance?

Personal Finance Basics and the Time Value of Money

Financial Aspects of Career Planning

Money Management Strategy: Financial Statements and Budgeting

Planning Your Tax Strategy

Financial Services: Savings Plans and Payment Accounts

Introduction to Consumer Credit

Choosing a Source of Credit: the Costs of Credit Alternatives

Consumer Purchasing Strategies and Legal Protection

The Housing Decision: Factors and Finances

Property and Motor Vehicle Insurance

Life Insurance

Investing Fundamentals

Investing in Stocks

Investing in Bonds

Investing in Mutual Funds

Investing in Real Estate and Other Investment Alternatives

Starting Early: Retirement Planning

Estate Planning

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

Joe Johnson needs surgery for appendicitis.Which part of his basic health insurance coverage should help pay for the surgeon's fees?

Which one of the following would be your best selection if you could only choose one of the following types of insurance?

A good health insurance plan should:

Renee Carson's health insurance policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter.Her medical bills total $7,000.What amount is she required to pay personally?

Sophie Bennett is required to pay 20 percent of her medical costs after the deductible has been paid.What is this requirement called?

Because you feel young and healthy now,you may overlook the very real need for which type of insurance?

Personal Finance Basics and the Time Value of Money

Financial Aspects of Career Planning

Money Management Strategy: Financial Statements and Budgeting

Planning Your Tax Strategy

Financial Services: Savings Plans and Payment Accounts

Introduction to Consumer Credit

Choosing a Source of Credit: the Costs of Credit Alternatives

Consumer Purchasing Strategies and Legal Protection

The Housing Decision: Factors and Finances

Property and Motor Vehicle Insurance

Life Insurance

Investing Fundamentals

Investing in Stocks

Investing in Bonds

Investing in Mutual Funds

Investing in Real Estate and Other Investment Alternatives

Starting Early: Retirement Planning

Estate Planning

Filters