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PAU Insurance Terminology

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PAU Insurance Terminology
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a copayment?

Portion of the cost of service to be paid by the insured (a set dollar amount)

Coordination of benefits

Term of conditions not covered by the insurance company

Provider bill for service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A __________ is any person who has coverage under a health insurance plan.

Payer

Provider

Beneficiary

Guarantor

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount a patient owes after an insurance company pays for their portion of the medical expenses?

Premium

Patient Responsibility

Contractual

Conrate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of out-of-pocket maximum?

The amount of money you pay to your insurance company every month

The deductible you have to pay for insurance

The most a patient pays out of pocket before insurance begins to pay in full

The amount of money your pockets can hold

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the percentage of costs you share between you and your insurance company?

Lifetime Max

Coinsurance

Beneficiary

Copayment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount of money you must pay each year before your insurance company starts paying?

Health Insurance

Deductible

Coinsurance

Copayment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance that provides lost income as a result of an injury on the job.

Product liability insurance

Business interruption insurance

Workers' compensation insurance

Disability income insurance

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