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WorksheetsAg Buzizz Insurance
Total questions: 15
Worksheet time: 26mins
A(n) ____________ is a predetermined flat fee you pay for health care services
co-insurance
whole life
co-payment
term
A(n) _________ is the amount of money you must pay each year before your insurance company starts paying
life
beneficiary
deductible
health
______________ insurance provides financial protection against overwhelming medical expenses
Health
Car
Comprehensive
Medical
A 30 year old woman broke her arm and went to the ER for treatment. Her health insurance plan has a $1,500 deductible. What does this mean?
Valerie had to go to the doctor 3 times with the co-payments being $25 each time she went. Her premium is $200 per month. What was her medical bill for the month?
What is the monthly payment an employee on this health plan is required to pay, even if they do not visit a doctor or hospital?
$5,000.00
$45.00
$400.00
$0
What is the monthly payment an employee with a family plan on this health plan is required to pay, even if they do not visit a doctor or hospital?
$5,000.00
$45.00
$400.00
$0
What is the cost of an annual wellness exam for an individual that carries this insurance plan?
$5,000.00
$45.00
$400.00
$0
What is the cost of an annual check-up for an individual using this insurance plan?
$3,000.00
$0
$120.00
$20.00
Using this plan, what is the out of pocket cost for a medical treatment that costs $600?
$0
$400.00
$600.00
$45
What is the out-of-pocket payment for a $7,500 hospital bill for an individual using this insurance plan?
$7,500.00
$3,000.00
$300.00
$120.00
In which plan would you end up spending more out of pocket money for an emergency room visit?
Plan 1, since it has 0 deductible
Plan 2, because it has a higher deductible
Plan 2, since it has lower monthly premium payments
Plan 1, since emergency events are fully covered by this plan
Which plan minimizes monthly premium payments?
Plan 1, since it has 0 deductible
Plan 2, because it has a higher deductible
Plan 2, since it has lower monthly premium payments
Plan 1, since emergency events are fully covered by this plan
