WorksheetsWrap Up Insurance Questions
Total questions: 30
Worksheet time: 40mins
Name
Class
Date
1.
In recents news, a 9 yr old at summer camp had over $100,000 in medical bills when bitten by:
a)
A black bear
b)
A mountain Lion
c)
A copperhead snake
d)
A fruit bat
2.
What was the largest cost item in the $143,000 medical bill?
a)
Antivenin to treat snake bite
b)
Ambulance emergency transport
c)
Hospital stay for several days
d)
Rehabilitation after hospital stay
3.
True or false. You can negotiate your medical bills.
a)
True
b)
False
4.
Of the $143,000 bill, the young girl's family paid _______ in out-of-pocket costs.
a)
About $3,500
b)
About $34,543
c)
About $79,327
d)
About $100,045
5.
Why did the girl's family pay so much less than the total cost of her medical services?
a)
They sued the summer camp
b)
They left the country to get treatment
c)
They got donations on GoFundMe
d)
Their health insurance covered this emergency
6.
The Centers for Medicare & Medicaid Services released data showing that in early December 2020:
a)
the lowest number of weekly enrollments occurred on healthcare.gov
b)
the highest number of weekly enrollments occurred on healthcare.gov
c)
Only about 6% of Americans had health coverage in 2020
d)
Only about 15% of Americans had health coverage in 2020
7.
What percentage of uninsured Americans say that cost is the main reason they have no insurance?
a)
41%
b)
57%
c)
72%
d)
96%
8.
What percentage of healthcare.gov customers qualified to pay $75 or less monthly for coverage?
a)
79%
b)
55%
c)
36%
d)
25%
9.
What is the federal government penalty for not having insurance?
a)
10% of your taxable income
b)
A flat penalty fee of $175
c)
A flat penalty fee of $500
d)
There is none
10.
Which term below means “the amount paid every month for a health insurance plan?”
a)
premium
b)
copay
c)
deductible
d)
coinsurance
11.
What is the term used to describe a monthly car insurance payment owed?
a)
claim
b)
policy
c)
premium
d)
specialty
12.
The following factors impact the monthly cost of your car insurance in most states, except for:
a)
your age
b)
your height
c)
your car make and model
d)
your location
13.
What does “telematics” mean?
a)
Using telephone marketing to sell car insurance
b)
Using technology to get data on how well you drive
c)
Calculating how well you drive based on a math test
d)
Calculating the wear and tear on a car from a distance
14.
True or False? Insurance rates tend to get lower over time, especially if you do not have an accident.
a)
True
b)
False
15.
What percentage of Americans surveyed believe that they are terrific drivers?
a)
99%
b)
76%
c)
55%
d)
27%
16.
The average yearly car insurance premium for 25-79 yr old drivers is under $2,000. How much is it for 16-17 yr olds?
a)
$6,100
b)
$5,100
c)
$4,100
d)
$3,100
17.
Which of the following things will increase your car insurance premium each month?
a)
Not renewing your license
b)
Filing a car accident claim
c)
Braking frequently while driving
d)
Driving with no license/registration
18.
How many teens admit to checking apps on their phone while they are driving?
a)
15%
b)
35%
c)
48%
d)
68%
19.
For every 100 M miles driven, 20+ yr old drivers experience 250-570 crashes. How many do 16-17 yr olds experience?
a)
550
b)
850
c)
1,130
d)
1,430
20.
In 1999, 87% of HS seniors had driver’s licenses. How many HS seniors had them in 2017?
a)
95%
b)
87%
c)
71%
d)
53%
21.
Scientists have found that the number of people at risk of experiencing extreme flooding ________.
a)
Grew significantly over the past 20 years
b)
Decreased significantly over the past 20 years
c)
Has not changed over the past 20 years
22.
Which of the following is not covered by homeowners insurance?
a)
Damages due to a fire
b)
Damages due to flooding
c)
A tree falling on the roof
d)
Theft of items in your home
23.
Who pays more in premiums for flood insurance?
a)
People living in areas at no risk of flooding
b)
People living in areas at low risk of flooding
c)
People living in areas at high risk of flooding
d)
People living in areas at moderate risk of flooding
24.
T or F? If you leave cash home & it gets destroyed in a flood, it's covered by flood insurance & you get the money back.
a)
True
b)
False
25.
Why are insurance policies so difficult for the average person to read and understand?
a)
Insurance companies want less people to sign up for their policies
b)
Insurance companies don’t want people to read the policies
c)
Insurance companies need to make sure the legal documents hold up in court
d)
None of the above
26.
Do you think it is fair that home insurance and renters’ insurance do not include flood coverage? Why or why not?
4 lines
27.
What do you think telematics will mean for the average person’s premiums? Why?
4 lines
28.
Aside from costs, what reasons may contribute to a high number of Americans having no health insurance?
4 lines
29.
Why do you think fewer high school students are getting a driver’s license over time?
4 lines
30.
Do you think it’s worth having health insurance even though medical emergencies like the one in the video aren’t common? Explain.
4 lines
100 %
