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

Which of the following plans is a hybrid that combines characteristics of both HMOs and PPOs?

Care in a skilled nursing facility beyond 100 days per benefit period is approved and covered by Medicare.

Medicare covers the cost of care in what countries besides the United States?

What can you do to responsibly reduce your personal health care costs?

Dread disease and cancer policies are usually very good values.

Which provision in a health insurance policy states that you will pay a flat dollar amount each time you receive a covered medical service?

Dean Thomas has an insurance policy that cannot be cancelled unless he fails to pay his premium when due.Which provision in his insurance policy would specify this?

Medicare covers the cost of care received outside the United States,Canada,and Mexico.

What are the primary sources of government health care insurance?

A good health insurance plan should offer basic coverage for hospital and doctor bills.

Which medical expense is covered by Medicare?

Which type of health insurance is a poor value?

Medicare covers routine checkups,dental care,most immunizations,cosmetic surgery,routine foot care,eyeglasses,and hearing aids.

Jose Gonzales is purchasing disability income insurance.He should aim for a benefit amount that,when added to other income,will equal _____ percent of his gross pay.

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

Renee Crowgy's health insurance policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter.Her medical bills total $5,500.What amount is she required to pay personally?

____________ is a type of major medical insurance that has a very low deductible amount and is offered without a separate basic plan.

Hospital expense insurance pays part or the full amount of hospital bills for room,board,and other charges.

Basic health insurance coverage includes hospital expense insurance,surgical expense insurance,and physician expense insurance.

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