Question 1

Hospital insurance (Part A)of Medicare is financed from part of the ____________ tax.

Accepted Answer

A) state income 
B) federal excise 
C) individual income 
D) corporate income 
E) Social Security 
A) state income 
B) federal excise 
C) individual income 
D) corporate income 
E) Social Security

Question 2

Public opinion polls consistently show that Americans are happy with the nation's health care system.

Accepted Answer

A) True 
 B)False

Question 3

Identify the main private sources of health care insurance.

Accepted Answer

Health insurance and health care is avai

Question 4

Harry Mayhue gets a bad case of the flu and ends up in the hospital for three days.Which part of his basic insurance coverage should help pay for this stay?

Accepted Answer

A) hospital expense 
B) surgical expense 
C) physician expense 
D) major medical 
E) Medicare Part B 
A) hospital expense 
B) surgical expense 
C) physician expense 
D) major medical 
E) Medicare Part B

Question 5

Why are the costs of health insurance and health care increasing?

Accepted Answer

Among the reasons for high and rising he

Question 6

Which one of the following is not a provider of health insurance?

Accepted Answer

A) fraternal organizations 
B) trade unions 
C) government programs such as Medicare 
D) Health Insurance Industry Association 
E) Blue Cross and Blue Shield 
A) fraternal organizations 
B) trade unions 
C) government programs such as Medicare 
D) Health Insurance Industry Association 
E) Blue Cross and Blue Shield

Question 7

Darren Chase has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year.What provision in his insurance policy would specify this?

Accepted Answer

A) eligibility 
B) assigned benefits 
C) benefit limits 
D) guaranteed renewable 
E) exclusions 
A) eligibility 
B) assigned benefits 
C) benefit limits 
D) guaranteed renewable 
E) exclusions

Question 8

Why are a growing number of students without health insurance?

Accepted Answer

A) insurance companies refuse to insure them 
B) students are young and healthy 
C) students don't need health insurance 
D) students don't care if they get sick 
E) older students are not covered by family policies 
A) insurance companies refuse to insure them 
B) students are young and healthy 
C) students don't need health insurance 
D) students don't care if they get sick 
E) older students are not covered by family policies

Question 9

Very few members of the Medicaid population are also covered by Medicare.

Accepted Answer

A) True 
 B)False

Question 10

A coinsurance provision requires the policyholder to share the expenses beyond the deductible amount.

Accepted Answer

A) True 
 B)False

Question 11

Medical insurance is which part of Medicare?

Accepted Answer

A) Part A 
B) Part B 
C) Part C 
D) Part D 
E) Part E 
A) Part A 
B) Part B 
C) Part C 
D) Part D 
E) Part E

Question 12

What are the five basic types of health insurance? What are their benefits and limitations?

Accepted Answer

Five basic types of health insurance are

Question 13

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

Accepted Answer

A) Australia 
B) Britain 
C) Canada 
D) Denmark 
E) U.S.A. 
A) Australia 
B) Britain 
C) Canada 
D) Denmark 
E) U.S.A.

Question 14

What are some things that you can do to reduce your personal health care costs?

Accepted Answer

The best way to avoid the high cost of i

Question 15

Which of the following is not a way that you can reduce your personal health care cost?

Accepted Answer

A) Ask your physician and pharmacist if a less expensive generic drug is available. 
B) Save time and do not review billing statements from medical providers. 
C) Practice preventative care and stay well. 
D) Consider participating in a flexible spending account if your employer offers it. 
E) Ask your physician if you can follow up by phone instead of visiting the officE. 
A) Ask your physician and pharmacist if a less expensive generic drug is available. 
B) Save time and do not review billing statements from medical providers. 
C) Practice preventative care and stay well. 
D) Consider participating in a flexible spending account if your employer offers it. 
E) Ask your physician if you can follow up by phone instead of visiting the officE.

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

John Gleason is permanently disabled while on the job.Which of the following is the most likely source of disability income for John?

Accepted Answer

A) his employer 
B) social security 
C) worker's compensation 
D) an individual insurance policy 
E) his health insurance policy 
A) his employer 
B) social security 
C) worker's compensation 
D) an individual insurance policy 
E) his health insurance policy

Question 18

Individual health insurance covers either one person or a family.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following statements is correct about Medicaid?

Accepted Answer

A) The Social Security Act created Medicaid in 1965. 
B) Medicaid is a program of medical assistance to certain low-income individuals and families. 
C) Medicaid is administered by each state within certain federal guidelines. 
D) Medicaid is financed by both state and federal funds. 
E) All of the statements are correct. 
A) The Social Security Act created Medicaid in 1965. 
B) Medicaid is a program of medical assistance to certain low-income individuals and families. 
C) Medicaid is administered by each state within certain federal guidelines. 
D) Medicaid is financed by both state and federal funds. 
E) All of the statements are correct.

Question 20

Karen Blumenthall was seriously injured in a car accident and is paralyzed from the waist down.Luckily,she has an insurance policy that will pay for someone to come in and help with her day-to-day activities such as bathing,dressing,and household chores.What type of insurance policy is this likely to be?

Accepted Answer

A) comprehensive major medical 
B) hospital indemnity 
C) long-term care 
D) cancer 
E) disability income 
A) comprehensive major medical 
B) hospital indemnity 
C) long-term care 
D) cancer 
E) disability income

Hospital insurance (Part A)of Medicare is financed from part of the ____________ tax.

Public opinion polls consistently show that Americans are happy with the nation's health care system.

Identify the main private sources of health care insurance.

Harry Mayhue gets a bad case of the flu and ends up in the hospital for three days.Which part of his basic insurance coverage should help pay for this stay?

Why are the costs of health insurance and health care increasing?

Which one of the following is not a provider of health insurance?

Darren Chase has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year.What provision in his insurance policy would specify this?

Why are a growing number of students without health insurance?

Very few members of the Medicaid population are also covered by Medicare.

A coinsurance provision requires the policyholder to share the expenses beyond the deductible amount.

Medical insurance is which part of Medicare?

What are the five basic types of health insurance? What are their benefits and limitations?

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

What are some things that you can do to reduce your personal health care costs?

Which of the following is not a way that you can reduce your personal health care cost?

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

John Gleason is permanently disabled while on the job.Which of the following is the most likely source of disability income for John?

Individual health insurance covers either one person or a family.

Which of the following statements is correct about Medicaid?

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

Hospital insurance (Part A)of Medicare is financed from part of the ____________ tax.

Public opinion polls consistently show that Americans are happy with the nation's health care system.

Identify the main private sources of health care insurance.

Harry Mayhue gets a bad case of the flu and ends up in the hospital for three days.Which part of his basic insurance coverage should help pay for this stay?

Why are the costs of health insurance and health care increasing?

Which one of the following is not a provider of health insurance?

Darren Chase has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year.What provision in his insurance policy would specify this?

Why are a growing number of students without health insurance?

Very few members of the Medicaid population are also covered by Medicare.

A coinsurance provision requires the policyholder to share the expenses beyond the deductible amount.

Medical insurance is which part of Medicare?

What are the five basic types of health insurance? What are their benefits and limitations?

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

What are some things that you can do to reduce your personal health care costs?

Which of the following is not a way that you can reduce your personal health care cost?

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

John Gleason is permanently disabled while on the job.Which of the following is the most likely source of disability income for John?

Individual health insurance covers either one person or a family.

Which of the following statements is correct about Medicaid?

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