Health Insurance

______________ insurance provides financial protection against overwhelming medical expenses

• Health

• Car

• Comprehensive

• Medical

a fixed amount you pay for a service

• co-insurance
• co-pay
• premium
• claim

cost of your insurance that you pay each month

• co-pay
• deductible
• premium
• co-insurance

Co-insurance and co-payment refer to the
same thing.

• True
• False

What does "cost containment" mean? 

•  trying to control rising cost of health care
• emphasis on state of being in optimum health
•  need to provide care in the home because of shorter hospital stays
•  increased care for eldery individuals because of longer life spans

What is a copay?

• Is your % share of the costs of a service.
• The amount I pay before the insurance starts paying.
• A fixed amount you pay for services.
• How much I pay each month for the plan.

Health insurance policy

• Insurance which covers your health, teeth and eyes
• A law which allows you insurance even if you lose your job
• A contract between you and an insurance company
• A policy you purchase only for children

Medicaid

• Federal health insurance program administered by the state for people with income below the poverty level
• Federal health insurance for the elderly
• Fee paid for services rendered
• Health insurance for members of the military and their families

The only way to get health insurance coverage is through an employer

• True
• False

You can get health insurance through

• an individual marketplace.
• An employer
• Both a marketplace and employer.  
• Neither a marketplace or employer.