Quiz on Paying for Health Services

What is the main topic of chapter 3 in Stanfield's Introduction to Health Professions?

• History of Medicine

• Categories of Health Services

• Aging, Health, and Long Term Care

• Paying for Health Services

Why is it important to understand how to pay for health services?

• It is not important to understand how to pay for health services

• Only wealthy people need to worry about paying for health services

• Health services are always free, so payment is not a concern

• To make informed decisions about healthcare options and avoid unexpected costs.

What are some common methods of paying for health services?

• Bartering with the healthcare provider

• Donating blood in exchange for medical treatment

• Using a credit card to pay for services

• Insurance, out-of-pocket payments, government programs, and employer-sponsored health plans.

What is the purpose of health insurance?

• To cover the cost of cosmetic procedures

• To increase the cost of medical expenses

• To limit access to healthcare services

• To provide financial protection against medical expenses and ensure access to quality healthcare services.

What is a deductible in health insurance?

• The amount of money that the insured person must pay out of pocket before the insurance company starts covering the costs.

• The amount of money that the insured person must pay after the insurance company covers the costs.

• The maximum amount of money that the insured person can pay out of pocket for medical expenses.

• The amount of money that the insurance company pays to the insured person before the coverage starts.

What is a copayment in health insurance?

• A copayment is a percentage of the total cost of medical services that an insured person pays.

• A copayment is a fixed amount that an insured person pays for covered medical services.

• A copayment is a payment made by the insured person to the insurance company to maintain coverage.

• A copayment is a fee that is paid by the insurance company to the insured person for using medical services.

What is Medicaid?

• A program that offers free healthcare to all individuals

• A private health insurance plan

• A government program that provides retirement benefits

• Health coverage program for low-income individuals

What is Medicare?

• A type of car insurance

• Federal health insurance program

• A government housing assistance program

• A private health insurance program