Exam 9: Insuring Your Health

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -[Men | Women] are more likely to need long-term care insurance.

Major medical plans are characterized by deductibles,internal limits,and

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -"Long Term Care" is a term used to describe [nursing home | extended hospital].

Starting in 2014,the Affordable Care Act requires insurance companies to set premiums based on all the following except

Which of the following changes would tend to increase the premium on a disability policy:

Most disabilities are permanent.

Most people do not need protection against

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Physician's expense insurance [would | would not] pay for the cost of a routine office call.

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -About [20 | 50] million Americans lack health insurance.

A comprehensive health insurance usually covers the cost of anesthetics and their administration.

Insurers are required to cover people with pre-existing medical conditions without limiting or setting unrealistically high insurance rates.

Disability income benefits under social security are automatically adjusted periodically for cost of living increases.

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -[Medicare | Workers' compensation] pays for medical expenses that are the result of on-the-job injuries and illnesses.

About ___ million Americans lack health insurance.

Major medical plans will usually cover the cost of nursing home care.

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Medicare would pay [the entire | part of the] hospital bill for a covered person.

Miscellaneous sources of health care coverage include

A managed care plan is a healthcare plan that emphasizes cost control and preventative treatment.

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. -Loss prevention tactics can be [only marginally | very] successful in reducing accidents and illnesses.

The U.S.spends about ___% of our economic output on health care.