Chapter. 9

People under the age of 65 are covered by the Medicare health insurance plan if:

they receive monthly Social Security disability benefits.

In order to qualify for disability insurance under Social Security, a person must be:

unable to carry out the duties of any job.

Which of the following is a public assistance program that provides health insurance benefits only to those who are unable to pay for health care?

Medicaid

Medicare Part B covers:

imaging, laboratory tests, and prosthetic devices.

The insurance designed to help with nursing home, assisted-living community, or in-home care due to chronic illness is called:

long-term care.

When offering a flexible-benefit plan, most employers will set up a salary reduction agreement with an employee if the employee:

needs additional insurance benefits.

A _____ is a hybrid form of health maintenance organization (HMO) that allows members to go outside of the HMO network for care.

point-of-service (POS) plan

A coordination of benefits provision in a health insurance policy _____ by collecting benefits from more than one policy.

prohibits collecting more than 100% of covered charges

The maximum limit on most dental policies is often in the range of _____ per patient.

$1,000 to $2,500

Michael's estimated current monthly take-home pay is $4,500. His total existing monthly disability benefits are $2,950. Michael's estimated monthly disability benefits needed are:

$1,550.