Question 1

To stay healthy,you must get sufficient rest,relaxation,and exercise.

Accepted Answer

A) True 
 B)False

Question 2

Which type of insurance is usually bought in combination with hospital and surgical insurance?

Accepted Answer

A)  disability income
B)  comprehensive major medical
C)  umbrella
D)  hospital indemnity
E)  physician's expenseF) None of the above
G) B) and C)

Question 3

Medicare medical insurance helps pay for:

Accepted Answer

A)  inpatient hospital care.
B)  doctors' services.
C)  home health care.
D)  hospice care.
E)  none of the services listed in the other answers.F) A) and B)
G) A) and E)

Question 4

Chris Jones has an insurance policy that pays benefits in cash when he is hospitalized.What type of insurance would this be?

Accepted Answer

A)  comprehensive major medical
B)  hospital indemnity
C)  long-term care
D)  cancer
E)  disability incomeF) D) and E)
G) A) and C)

Question 5

Which one of the following is a correct statement about the nation's health care system?

Accepted Answer

A)  Most Americans are very satisfied with the nation's health care system.
B)  Most Americans are somewhat satisfied.
C)  Americans pay less for health care than those living in European industrialized countries.
D)  Many Americans are unhappy with our health care system.
E)  All Americans enjoy the best health care available anywhere in the world.F) B) and C)
G) A) and C)

Question 6

Dean Thomas has an insurance policy that cannot be cancelled unless he fails to pay his premium.What provision in his insurance policy would specify this?

Accepted Answer

A)  eligibility
B)  assigned benefits
C)  benefit limits
D)  guaranteed renewable
E)  exclusions and limitationsF) D) and E)
G) C) and E)

Question 7

You should seek a disability policy that pays benefits for life.

Accepted Answer

A) True 
 B)False

Question 8

Renee Crowgy's policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter.Her medical bills total $5,500.What amount is she required to pay personally?

Accepted Answer

A)  $1,500
B)  $500
C)  $1,000
D)  $5,000
E)  $5,500F) A) and B)
G) B) and D)

Question 9

Which health care plan is administered by each state within certain broad federal requirements and guidelines?

Accepted Answer

A)  Blue Cross
B)  Blue Shield
C)  Medicare
D)  Medicaid
E)  HMOF) B) and D)
G) A) and E)

Question 10

Who sells and services Medigap insurance?

Accepted Answer

A)  federal government
B)  state government
C)  both federal and state governments
D)  private insurance companies
E)  both the government and private insurance companiesF) B) and C)
G) None of the above

Question 11

Medicare covers routine checkups,dental care,most immunizations,cosmetic surgery,routine foot care,eyeglasses,and hearing aids.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is an (are) innovative way(s) concerned groups are containing health care costs?

Accepted Answer

A)  incentives to encourage preventive care
B)  encouragement of prepaid group practices
C)  establishment of community education programs
D)  encouragement by doctors to pay cash for routine medical costs
E)  all of the other answersF) All of the above
G) A) and E)

Question 13

Which one of the following is a source of government health insurance?

Accepted Answer

A)  Blue Cross
B)  Blue Shield
C)  National Institutes of Health
D)  HMO
E)  MedicaidF) A) and B)
G) B) and E)

Question 14

Sophie Bennett is required to pay 20 percent of her medical costs up to a stated dollar limit.What is this requirement called?

Accepted Answer

A)  coordination of benefits
B)  deductible
C)  coinsurance
D)  stop-loss provision
E)  waiver of premiumF) A) and C)
G) None of the above

Question 15

What is covered by Medicare Parts A and B?

Accepted Answer

A)  intermediate and custodial nursing care
B)  out-of-hospital prescription drugs
C)  private-duty nursing
D)  routine checkups
E)  hospice careF) B) and D)
G) B) and C)

Question 16

Hospital insurance is which part of Medicare?

Accepted Answer

A)  Part A
B)  Part B
C)  Part C
D)  Part D
E)  Part EF) B) and C)
G) A) and D)

Question 17

Group health insurance plans comprise about 90 percent of all health insurance issued by health and life insurance companies.

Accepted Answer

A) True 
 B)False

Question 18

Which one of the following would be your best selection if you could only choose one of the following types of insurance?

Accepted Answer

A)  a basic plan combined with a major supplementary plan
B)  combined dental and vision plan
C)  dread disease and cancer plan
D)  long-term care
E)  accidentF) A) and D)
G) A) and C)

Question 19

Good disability plans pay when you are:

Accepted Answer

A)  unable to work at your regular job.
B)  unable to work at any joB.
C)  unable to work at a related job.
D)  ill even for a short perioD.
E)  fired from your regular job.F) A) and B)
G) B) and D)

Question 20

Disability income insurance benefits provide regular cash income lost by employees as the result of an accident or illness.

Accepted Answer

A) True 
 B)False

Exam 11: Health, Disability, and Long-Term Care Insurance

To stay healthy,you must get sufficient rest,relaxation,and exercise.

Correct AnswerverifiedShow Answer

Sophie Bennett is required to pay 20 percent of her medical costs up to a stated dollar limit.What is this requirement called?

Correct AnswerverifiedShow Answer

Medicare covers routine checkups,dental care,most immunizations,cosmetic surgery,routine foot care,eyeglasses,and hearing aids.

Correct AnswerverifiedShow Answer

Good disability plans pay when you are:

Correct AnswerverifiedShow Answer

Medicare medical insurance helps pay for:

Correct AnswerverifiedShow Answer

Hospital insurance is which part of Medicare?

Correct AnswerverifiedShow Answer

Renee Crowgy's policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter.Her medical bills total $5,500.What amount is she required to pay personally?

Correct AnswerverifiedShow Answer

What is covered by Medicare Parts A and B?

Correct AnswerverifiedShow Answer

Disability income insurance benefits provide regular cash income lost by employees as the result of an accident or illness.

Correct AnswerverifiedShow Answer

Which one of the following would be your best selection if you could only choose one of the following types of insurance?

Correct AnswerverifiedShow Answer

Which type of insurance is usually bought in combination with hospital and surgical insurance?

Correct AnswerverifiedShow Answer

Which one of the following is a source of government health insurance?

Correct AnswerverifiedShow Answer

Group health insurance plans comprise about 90 percent of all health insurance issued by health and life insurance companies.

Correct AnswerverifiedShow Answer

Who sells and services Medigap insurance?

Correct AnswerverifiedShow Answer

Which health care plan is administered by each state within certain broad federal requirements and guidelines?

Correct AnswerverifiedShow Answer

Dean Thomas has an insurance policy that cannot be cancelled unless he fails to pay his premium.What provision in his insurance policy would specify this?

Correct AnswerverifiedShow Answer

Which of the following is an (are) innovative way(s) concerned groups are containing health care costs?

Correct AnswerverifiedShow Answer

You should seek a disability policy that pays benefits for life.

Correct AnswerverifiedShow Answer

Which one of the following is a correct statement about the nation's health care system?

Correct AnswerverifiedShow Answer

Chris Jones has an insurance policy that pays benefits in cash when he is hospitalized.What type of insurance would this be?

Correct AnswerverifiedShow Answer

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