Health Insurance

What health insurance plan is sponsored by a large company who forms a contract with certain health agencies to provide certain types of health care at reduced rates?

• HMO

• PPO

• Indemnity Plans

• Out of Pocket

If a person has 80/20 co-insurance, what percent does the insurance company pay?

What health insurance plan is designated for military personnel and their families?

• PPOs

• Medicaid

• TRICARE

• Medicare

Managed care networks are required to provide quality care at the:

• lowest cost possible

• highest cost possible

• fastest rate possible

• slowest rate possible

What type of Medicare plan covers outpatient services which usually require paying a premium and deductible?

• Type A

• Type B

• Type C

• Type D

John must pay $10 for each visit to his physician. What term describes the $10 payment?

• Deductible

• Co-Insurance

• Premium

• Co-Payment

What type of Medicare plan covers prescription medications?

• Type A

• Type B

• Type C

• Type D

True or False? You must be enrolled in Medicare Plan C to be eligible for Medicare Plan D.

• True

• False

What type of health insurance is available for low income families, children needing assistance or the disabled?

What do the initials PPO stand for?

• Preferred Provider Option

• People's Preferred Option

• Preferred Provider Organization

• Partial Practice Organization