Take The Healthcare Quiz!
What is the most flexible type of Healthplan? 12myo
HMO (Health Maintenance Organization)
EPO (Exclusive Provider Organization)
PPO (Preferred Provider Organization)
POS ( Point of Service)
What is a health insurance premium?
The amount you pay for a doctor's visit
The monthly fee for your insurance plan
A discount on your medical bills
The amount you pay before insurance kicks in
What is a deductible?
The amount you pay out-of-pocket before insurance starts covering costs
The percentage of the bill you share with the insurance company
A discount on prescription drugs
The maximum amount you'll pay for healthcare in a year
What is a Copay?
A fixed amount you pay for a covered service
The amount you pay after reaching your deductible
A penalty for not having insurance
A discount for paying your premium on time
What are the "essential health benefits" mandated by the ACA?
A list of specific healthcare services that all individual and small group health insurance plans must cover
A set of preventive care services that are covered by all health insurance plans, regardless of price
A program that provides financial assistance to low-income individuals who need health insurance
A list of prescription drugs that are covered by all health insurance plans
Which type of plan often offers the widest network of doctors and hospitals?
ACA plans
Private plans
Which of the following is a potential advantage of some private plans compared to ACA plans?
Lower premiums
Higher quality of care
Choice of Facilities
All of the above
Before choosing a private plan, it's important to:
Shop around and compare different plans.
Consider your own health needs and budget.
Understand the plan's benefits, exclusions, and limitations.
All of the above
Which of the following is a myth about the cost of working with a health insurance agent?
Agents are expensive and add to the cost of your insurance.
Clients pay a premium fee for the use of an agent.
Agent's are only interested in selling the most expensive plan.
All of the above.
Which health plans provide coverage based on good health?
ACA
Private