Medicare Expense Insurance

Front 1

What is not included in comprehenive major medical plans ?

Back 1

First-dollar coverage

Front 2

what does the term coinsurance refer to ?

Back 2

after the deductable is satisfied, the % paid by the insured for the remaining covered expenses

Front 3

What is considered the most common type of specified disease insurance

Back 3

Cancer

Front 4

Medical expense policies will typically cover which of the following ?

Back 4

injuries caused by accidents

Front 5

At what point does a self-insured group qualify for stop-loss coverage

Back 5

when claims exceed a specified limit in a set period of time .

Front 6

which of the following does specified disease insurance NOT cover ?

Back 6

cost covered by medical expense insurance

Front 7

The elimination period in a disability income policy serves the same purpose as a (n) _____ in a medical expense policy .

Back 7

deductible

Front 8

Major medical expense plans typically use a cost containment measure for emergency hospital care. This is reffered to as a (n) _____

Back 8

deductible

Front 9

NON-Example of cost sharing in a health insurance policy

Back 9

coordination

Front 10

Health insurance policies typically contain a provision stating that insureds and their insurer will share covered losses in an agreed porportion. Which provison does this refer to ?

Back 10

coinsurance

Front 11

which policy pays a stated amount for each day an individual is hospitalized ?

Back 11

Hosptial confinement indemnity

Front 12

what does hosptial confinement indemnity policy pay for ?

Back 12

pays a specified daily amount while the insured's is confined to a hosptial

Front 13

who is the indivdual paid on a fee-for-service basis?

Back 13

provider

Front 14

which type of coverage pays an amount per day for hospitalization directly to the insured regardless of the insured's other health insurance ?

Back 14

hosptial indemnity

Front 15

All of the following are qualitfications for establishing a health savings account (HSA) EXCEPT

Back 15

enrolled in a health plan with a perscrition drug benefit