Health Insurance Terms

A regular payment each month to the insurance company is called

• Deductible

• Premium

• Coinsurance

A specific amount paid each time someone visits the primary physician is called

• Co-Pay

• Premium

• Deductible

Which is an example of group health insurance?

• Employer-Paid

• Catastrophic

• Supplemental

In health insurance, what is meant by the term "network"?

• Hospitals owned by the same company

• Health care professionals that are part of a health plan's group of provider's

• Physicians who charge the same rate for the same type of procedure

What is the health insurance plan that DIRECTLY employs or contracts with selected, or pre-approved, physicians and other medical professionals to provide health care services in exchange for a fixes, prepaid monthly premium?

• Health maintenance organization (HMO)

• Preferred provider organization (PPO)

• Point-of-service (POS) plan

Which terms describes what you must pay each year before your health plan begins paying?

• Deductible

• Rider

• Co-Payment

What type of services are considered for coverage by Medicare Part A?

• Hospital care

• Skilled Nursing Facility care

• Hospice and Home Health care

• All of the above

What type of services are considered for coverage by Medicare Part B?

• Acupuncture

• Physician office visits

• Hearing aids

• Most dental services

A federally funded government program to give healthcare to people over age 65

• Medicare

• Medicaid

• Workmen's compensation

A state funded government program to give healthcare to people who are low-income.

• Medicare

• Medicaid

• Workmen's compensation