wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

The Basics Of Health Insurance

Total questions: 15

Worksheet time: 4mins

Name
Class
Date
1.
Health insurance policy
a)
Insurance which covers your health, teeth and eyes
b)
A law which allows you insurance even if you lose your job
c)
A contract between you and an insurance company
d)
A policy you purchase only for children
2.
What is the definition of out-of-pocket maximum?
a)
The amount of money your pockets can hold
b)
The deductible you have to pay for insurance
c)
Maximum money you can pay out of pocket before insurance pays the rest
d)
The amount of money you pay to your insurance company every month
3.
PPO
a)
Preferred Plan Operation
b)
Preferred Provider Organization
c)
Preferred Practice Organization
d)
Preferred Participation Operation
4.
Health Insurance
a)
Portion of the cost of service to be paid by the employer
b)
Protection against financial lost by unplanned health related events
c)
Treatments for conditions not covered by insurance policies
d)
Services rendered by providers
5.
HMO
a)
Health Maintenance Organization
b)
Health Managed Organization
c)
Health Maintained Operation
d)
Health Managed Operation
6.
Group Insurance
a)
Insurance coverage offered to employees by the employer
b)
Insurance policy an individual must purchase on their own
c)
Insurance offered by the government
d)
Insurance offered to a special group of people
7.
Insured
a)
The policy holder or subscriber
b)
Fee paid for the health insurance
c)
A person designated to receive the benefits of an insurance policy
d)
The insurance company
8.
The amount you owe before your health insurance begins to reimburse a claim.
a)
deductible
b)
premium
c)
owed amount
9.
a fixed amount you pay for a service
a)
co-insurance
b)
co-pay
c)
premium
d)
claim
10.
cost of your insurance that you pay each month
a)
co-pay
b)
deductible
c)
premium
d)
co-insurance
11.

You have reached your deductible of $2000, but you have not reached your maximum out-of-pocket limit of $4000 and your co-insurance begins. Your co-insurance is 20%. How much do you have to pay if you go to the doctor and the visit is $150?

a)

$150

b)

$30

c)

$120

d)

$0

12.

A 30 year woman broke her arm and went to the ER for treatment. Her health insurance plan has a $1,500 deductible. What does this mean

a)

She can deduct $1,500 from the hospital bill, but must pay the rest

b)

The hospital will only charge her $1,500

c)

She is resoponsible for paying, $1,500 of her medical expenses before her insurance starts to pay

d)

Her insurance company will only pay $1,500 and she must pay the rest

13.

Valerie had to go to the doctor 3 times with the co-payments being $25 each time she went. Her premium is $200. What was her medical bill for the month?

a)

$275

b)

$200

c)

$25

d)

$225

14.

Your health insurance has a $2000 deductible and a $100 per day co-payment for hospital stays. You get sick and are hospitalized for 2 days. The bill comes to $4000. How much of this bill do you have to pay?

a)

$2000

b)

$4000

c)

$2200

d)

$1800

15.

Max has a premium of $180 for his coverage. He broke his foot and had surgery on his foot. The deductible was $1,000. What were his medical expenses for the month?

a)

$180

b)

$1,000

c)

$1,180

d)

$8,000