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Review 2

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Group based plan that provides quality health coverage with three distinct benefit levels.

a)

PPO

b)

Blue Select

c)

Blue Options

d)

Blue Options 1-2-3

2.

Primary Care and Preventive Services are available at what benefit Level?

a)

1

b)

2

c)

3

d)

All of the above

3.

Blue Options 1-2-3 product is available at what group sizes?

a)

Small

b)

Medium

c)

Small and Medium

d)

Medium and Large

4.

For Medium groups, Blue Options 123 offers a benefit rich package with a lower price point. In this case it functions like a traditional copay plan.

a)

Both statements are correct

b)

1st statement is True. Second statement is False

c)

Both statements are false

d)

1st statement is False. Second statement is True

5.

For Large group, Blue Options 123 offers employers and employees an intermediate option between a copay plan and a fund based CDHP.

a)

Both statements are incorrect.

b)

1st statement is True. 2nd statement is False.

c)

1st statement is False. 2nd statement is True

d)

Both statements are correct.

6.

Many employers are interested in the CDHP but are not yet ready to move employees into a fund based CDHP. Blue Select is designed to meet the needs of this group.

a)

True

b)

False

7.

Which of these are benefits of Blue Options 123 product.

a)

Assists employers in helping employees make smarter decisions.

b)

Meet the needs of groups who are not yet ready to move to a fund based CDHP.

c)

Encourage member engagement

d)

All of the above.

8.

For Blue Options 123, coverage for acute care like admitted hospital stays are available at what benefit level?

a)

1

b)

2

c)

3

d)

None

9.

For Blue Options 123, office-based specialist services and non- preventive services are available at what benefit level?

a)

1

b)

2

c)

3

d)

4

10.

For Blue Options 123, preventive care services at level 1 copay only applies to grandfathered policies. Non-grandfathered policies have preventive services covered at 100%.

a)

False

b)

True

11.

Large group employers must offer minimal essential coverage (pay at least 60% of the coverage cost) or they will be subject to a penalty.

a)

True

b)

False

12.

PPACA law was passed by Congress and signed by President Bush on March 23, 2010.

a)

False

b)

True

13.

In the Health Care Reform, the purpose of the exchange are the following: (Select the one that does not apply)

a)

Allow individuals and groups to search, compare and purchase health plans.

b)

Provides standardized information about benefit coverage and pricing.

c)

Determine eligibility and connecting purchasers to potential financial assistance.

d)

Enable members to file complaints against discrimination

14.

Minimum Essential Coverage DOES NOT INCLUDE:

a)

Disability insurance

b)

Employer-sponsored insurance plan

c)

Individual plan through on and off exchange

d)

Grandfathered and Transitional Plans

15.

Tax credits are only available for coverage purchased through the Health Insurance Market place. Any member wishing to claim tax credit must purchase coverage through the exchange.

a)

True

b)

False