Understanding the US Healthcare System

A federal health insurance program for Americans 65 & up is called:

• Medicaid

• Medicare

• Affordable Care Act

A state-administered program to provide healthcare to people with low incomes or limited resources:

• Medicare

• Medicaid

• Affordable Care Act

The Affordable Care Act, signed into law in 2010, aimed to make health care more affordable and accessible to more Americans.

• True

• False

Private healthcare facilities are taxpayer funded and operated by government

• True

• False

Healthcare agencies that are supported by donations, membership fees, and grants are called:

• Public

• Private

• Non-profit agencies

The cost to buy insurance is called the:

• Premium

• Deductible

• Copayment or coinsurance

• Out-of-pocket maximum

How much you have to spend before your insurance pays anything is called the:

• Premium

• Deductible

• Copayment or coinsurance

• Out-of-pocket maximum

The payments you make each time you get a medical service after reaching your deductible is called the:

• Premium

• Deductible

• Copayment or coinsurance

• Out-of-pocket maximum

The most you have to pay for health services in a year through insurance is called:

• Premium

• Deductible

• Copayment or coinsurance

• Out-of-pocket maximum