Health Insurance
For an individual with minimal healthcare expenses and a small budget, which of the following plans could be an appropriate health insurance option? (Select all that apply.)
-HMO -fixed-benefit
Which of the following are limitations of HMO plans? (Select all that apply.)
-limited number of healthcare providers -limited coverage for healthcare services
This individual is most likely eligible for __________.
Medicare
To have additional coverage, she also could purchase a ________ plan.
Medigap
Which of the following health insurance plans offers the most comprehensive coverage?
PPO
An individual who is not concerned about cost and would prefer to pick his providers within a network most likely would purchase _________.
a PPO plan
The visit to the doctor costs $125. The individual has to make a payment, called ___________, directly to the doctor's office
a co-pay
An individual who requires a large amount of medication not covered by her insurance plan may benefit from purchasing _________.
a discount plan
An individual who has minimal healthcare expenses, is not worried about medical emergencies, and does not want to spend much most likely would purchase _________.
a fixed-benefit plan
The amount of money the insurance company pays after an individual's contribution is slightly lower than the actual cost of the healthcare services. That likely is due to a/an
adjustment
An individual who is looking for an affordable insurance plan and does not require anything beyond basic medical procedures may benefit from purchasing _________.
an HMO plan
The health insurance company does not have to pay the full remaining amount for the procedure because of __________.
an adjustment
An individual visits a doctor for a routine checkup. The visit most likely will require the individual to pay a/an:
co-pay
During the visit, the doctor determines the individual will require a procedure costing $4,500. Before the individual agrees to the procedure, he checks to see what his annual __________ is to determine how much he will have to pay.
deductible
The amount an individual must pay annually for healthcare services before the insurance company begins to pay is called a:
deductible
Which of the following is a limitation of PPO plans?
higher individual costs
Every month, the individual pays a $50 _________ to an insurance company to have health insurance plan.
premium
The monthly amount an individual pays for a health insurance plan is called a:
premium
An individual who is between jobs might benefit from purchasing ________.
temporary health insurance
