ECONOMICS Helathcare--freshman
Flashcard
•
Life Skills
•
9th - 12th Grade
•
Practice Problem
•
Hard
Wayground Content
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7 questions
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1.
FLASHCARD QUESTION
Front
flat fee paid each time they receive healthcare
Back
co-pay
2.
FLASHCARD QUESTION
Front
monthly amount paid to insurance company for health insurance coverage
Back
premium
3.
FLASHCARD QUESTION
Front
the money a person pays before the insurance policy provides benefits
Back
deductible
4.
FLASHCARD QUESTION
Front
Bill $1000--Deductible $500. Insurance pays?
Back
$500
5.
FLASHCARD QUESTION
Front
Is usually a 80/20 split
Back
co-insurance
6.
FLASHCARD QUESTION
Front
The higher the premium
Back
the better the insurance
7.
FLASHCARD QUESTION
Front
no deductible means
Back
the higher the premium
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