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Health Insurance

Total questions: 12

Worksheet time: 3hrs 0mins

Name
Class
Date
1.

This is what you pay at the beginning of the month for health insurance.

a)

Deductible

b)

Premium

c)

Out of pocket maximum

d)

Co-pay

2.

Your health care policy starts over every year.

a)

True

b)

False

3.

Once you pay your deductible, you will have to pay this...

(a)  

4.

You will keep paying the coinsurance until you have met this...

(a)  

5.

The most you will pay for the year is...

a)

Premium + Deductible

b)

Premium + Out of Pocket Max

c)

Deductible + Out of Pocket Max

d)

Co-pay + Deductible

6.

You have met your deductible. The bill is $300 and your coinsurance is 30%. What will you pay?

(a)  

7.

Your deductible is $550. So far this year you have paid $300 towards your deductible. If your medical bill is $100, how much will you pay?

(a)  

8.

Who pays the medical bills in the first stage of health insurance?

a)

You

b)

You and the Insurance Company

c)

The Insurance Company

9.

You have met your deductible. How much will you pay on a bill if your coinsurance is 25% and your bill is $2,850?

(a)  

10.

Premium: $80 Deductible: $500 Copay: $25 Out of Pocket Maximum: $2,500. What is the most you will pay for a year?

(a)  

11.

Your deductible is $600. Copay is 25%. So far this year you have paid $200 towards your deductible. If your medical bill is $150, how much will you pay?

(a)  

12.

A(n) _________ is the amount of money you must pay each year before your insurance company starts paying

a)

life

b)

beneficiary

c)

deductible

d)

health