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Health Insurance Basics Formative Assessment

Health Insurance Basics Formative Assessment

Assessment

Flashcard

Social Studies

10th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

You have reached your deductible of $2000, but you have not reached your maximum out-of-pocket limit of $4000 and your co-insurance begins. Your co-insurance is 20%. How much do you have to pay if you go to the doctor and the visit is $150?

Back

$30

2.

FLASHCARD QUESTION

Front

You have reached your $5000 out-of-pocket limit. You need to go to the emergency room and it cost $1700. How much will your insurance pay?

Back

$1700

3.

FLASHCARD QUESTION

Front

a fixed amount you pay for a service

Back

co-pay

4.

FLASHCARD QUESTION

Front

The amount you owe before your health insurance begins to reimburse a claim.

Back

deductible

5.

FLASHCARD QUESTION

Front

Co-payment

Back

Portion of the cost of service to be paid by the insured (a set dollar amount)

6.

FLASHCARD QUESTION

Front

What does a $1,500 deductible mean for a 30 year woman who broke her arm and went to the ER for treatment?

Back

She is responsible for paying $1,500 of her medical expenses before her insurance starts to pay.

7.

FLASHCARD QUESTION

Front

What is the definition of out-of-pocket maximum?

Back

Maximum money you can pay out of pocket before insurance pays the rest

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