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Health Insurance Practice Test

Total questions: 27

Worksheet time: 27mins

Name
Class
Date
1.

The amount of money you must pay each year before your insurance company starts to contribute paying for some of the cost.

a)

copay

b)

premium

c)

deductible

d)

coinsurance

e)

out-of-pocket maximum

2.

A predetermined flat fee for health care services that you pay after reaching your deductible.

a)

coinsurance

b)

co-payment

3.

A predetermined percentage of health care services that you pay after reaching your deductible.

a)

coinsurance

b)

co-payment

4.

The cost you must pay to simply have access to your insurance

a)

co-pay

b)

deductible

c)

premium

d)

co-insurance

e)

Medicare

5.

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?

a)

Her insurance company will pay all $1,500.

b)

She pays $1,500 of her medical expenses before her insurance starts to pay.

c)

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

6.

The amount of money you have to pay for your medical care when you go to the doctor, specialist, hospital, etc.

a)

Premium

b)

Deductible

c)

FSA

d)

HSA

7.

Under current law, until what age can a child stay on their parents' health insurance?

a)

18

b)

21

c)

26

d)

29

8.

You have met already met your deductible. The bill is $300, and your coinsurance is 10%. What will you pay?

a)

$30

b)

$330

c)

$300

d)

$0

e)

$270

9.

The amount of money you must pay each year before your insurance company fully pays for everything else.

a)

copay

b)

premium

c)

deductible

d)

coinsurance

e)

out-of-pocket maximum

10.

What costs more?

a)

Staying in network

b)

Going out of network

11.

Which savings account is exclusive to HDHPs?

a)

FSA

b)

HSA

12.

Which savings account does not roll over to the next year, even if there is money left over?

a)

FSA

b)

HSA

13.

Which savings account is not exclusive to any particular medical plan?

a)

FSA

b)

HSA

14.

Which savings account rolls over from year to year?

a)

FSA

b)

HSA

15.

The time frame where employees can choose (or change) their health insurance plans

a)

Open Enrollment

b)

Affordable Care Act

c)

Preventive Care

d)

Primary Provider Option

16.

Helps detect or prevent serious diseases & medical problems before they can become major

a)

Preventive Care

b)

Open Enrollment Period

c)

Health Savings Account

d)

Co-insurance

17.

Which plan has the lowest monthly premiums?

a)

HMO

b)

PPO

c)

HDHP

18.

Which plan has the highest deductibles?

a)

HMO

b)

PPO

c)

HDHP

19.

Which plan is typically paired with an HSA?

a)

HMO

b)

PPO

c)

HDHP

20.

Which plan requires you to have a Primary Care Physician (PCP)?

a)

HMO

b)

PPO

c)

HDHP

21.

Which plan requires you to pay a copay for every visit?

a)

HMO

b)

PPO

c)

HDHP

22.

Which plan has no coverage for out-of-network care?

a)

HMO

b)

PPO

c)

HDHP

23.

Which plan has few choices for in-network options?

a)

HMO

b)

PPO

c)

HDHP

24.

Which plan is known to have a wider pool of in-network providers?

a)

HMO

b)

PPO

c)

HDHP

25.

Which plan is known to have the highest monthly premiums?

a)

HMO

b)

PPO

c)

HDHP

26.

Shyvan already met his deductible of $2,000. His out of pocket maximum is $10,000. What happens if he gets a medical bill right now for $1,000?

a)

His insurance pays all $1,000.

b)

He pays all $1,000.

c)

He splits the $1,000 with his insurance.

27.

Fritzna has a $2,000 deductible, and hasn't paid any of it yet this year. Her out of pocket maximum is $10,000. What happens if she gets a medical bill right now for $1,000?

a)

Her insurance pays all $1,000.

b)

She pays all $1,000.

c)

She splits the $1,000 with his insurance.