Chapt 4 Quiz CH
50 million
According to your text, approximately _____ Americans are without health insurance.
Part A
Almost all Americans receive this coverage without paying a premium
$2,000
Continuing with the situation in question 18, if your insurance company has an out-of-pocket maximum of $2,000, then you would be personally responsible for:
Part C
Covers a combination of hospital and physician fees through private insurance companies
Part A
Covers hospital stays, skilled nursing, and hospice care
Part B
Covers physicians visits and outpatient hospital costs
1930s.
Health insurance first became popular in the United States during the:
Part D
Prescription drug coverage
$2,900
Pretend you have a surgery bill for $20,000. Your insurance policy has a $1,000 deductible. Co-insurance is 10%. Based on that information, as of right now, you (the patient) must pay:
false
T/F. "Major medical" insurance and "Catastrophic" insurance is mostly used as a supplement to Medicaid.
false
T/F. COBRA is usually an affordable health insurance option for people who are unemployed.
true
T/F. Medicare coverage is the same in every state in the U.S., but Medicaid coverage varies from state to state.
true
T/F. President Johnson began the Medicaid and Medicare programs in 1965.
false
T/F. The new health care legislation ensures that 100% of Americans not eligible for Medicare will be eligible by 2014.
true
T/F. There is no single type of health care plan that works best for all people.
Deductible
The amount an insured individual must pay before the insurance company starts paying is a(n):
Co-insurance.
The amount an insured individual, is required to pay after having met his/her deductible is a(n):
Co-payment
The fixed, specific amount an insured individual is required to pay at the time he/she receives certain covered medical services is a(n):
Coverage of the majority of premiums for small businesses offering insurance to their employees.
Which of the following is NOT a feature of the new health care legislation?
