Health Insurance Quiz

What is a deductible?

• The monthly fee you pay to an insurance company

• The specific amount of money a patient pays for a particular service

• The amount of money an individual must pay before insurance will pay 100% of expenses for the remainder of the year

• The amount that must be paid by the patient for medical services before the policy begins to pay

What is a co-pay?

• The monthly fee you pay to an insurance company

• The specific amount of money a patient pays for a particular service

• The amount of money an individual must pay before insurance will pay 100% of expenses for the remainder of the year

• The amount that must be paid by the patient for medical services before the policy begins to pay

What is an insurance premium?

• The monthly fee you pay to an insurance company

• The specific amount of money a patient pays for a particular service

• The amount of money an individual must pay before insurance will pay 100% of expenses for the remainder of the year

• The amount that must be paid by the patient for medical services before the policy begins to pay

What is the out of pocket maximum?

• The monthly fee you pay to an insurance company

• The specific amount of money a patient pays for a particular service

• The amount of money an individual must pay before insurance will pay 100% of expenses for the remainder of the year

• The amount that must be paid by the patient for medical services before the policy begins to pay

What requires that specific percentages of expenses are shared by the patient and insurance company?

• Deductible

• Out of pocket maximum

• Co-insurance

• Co-payment

What is known as the monthly fee you pay to an insurance company?

• Deductible

• Out of pocket maximum

• Co-insurance

• Premium

What is an HMO?

• A health insurance plan that does not cover preventative care

• A health insurance plan that requires a deductible and co-payment

• A health insurance plan that may only use HMO affiliated health care providers

• A health insurance plan that contracts with certain health care agencies to provide reduced rates

What is a PPO?

• A health insurance plan that covers preventative care

• A health insurance plan that requires a deductible and co-payment

• A health insurance plan that may only use HMO affiliated health care providers

• A health insurance plan that contracts with certain health care agencies to provide reduced rates

What is Medicare?

• A federal government program that provides healthcare for almost all individuals over the age of 65

• A medical assistance program that pays for the health care of individuals with low incomes

• A health insurance plan providing treatment for workers injured on the job

• A US government health insurance plan for all military personnel

What is Medicaid?

• A federal government program that provides healthcare for almost all individuals over the age of 65

• A medical assistance program that pays for the health care of individuals with low incomes

• A health insurance plan providing treatment for workers injured on the job

• A US government health insurance plan for all military personnel