Health Insurances

What is the primary purpose of health insurance?

• To provide financial protection against medical costs

• To increase medical costs

• To avoid paying taxes

• To invest in stocks.

Which of the following is typically covered by health insurance? A) Grocery bills B) Medical expenses C) Travel expenses D) Entertainment costs.

• Grocery bills

• Medical expenses

• Travel expenses

• Entertainment costs

What is a deductible in health insurance?

• The amount you pay for covered health care services before your insurance plan starts to pay

• A type of insurance plan

• A government subsidy

• A hospital fee

In co-insurance, what percentage does the patient pay if the insurance covers 80%?

• 10%

• 20%

• 30%

• 40%

Which of the following is a type of healthcare plan?

• PPO

• HMO

• Medicare

• All of the above.

Which healthcare plan is designed for military personnel and their families?

• TRICARE

• Medicare

• Medicaid

• HMO

What does Medicare Type D cover?

• A) Hospital stays

• B) Doctor visits

• C) Cost of medications

• D) Dental care

How is Medicaid funded?

• By private donations

• By the federal government only

• Jointly by the federal and state government

• By state taxes only

TRICARE provides health insurance to which group?

• Only active duty soldiers

• Military personnel, survivors, and retired members

• Only retired military personnel

• Only military families.

TRICARE is a program associated with which of the following?

• Education

• Military

• Agriculture

• Technology