Question: A fee for service health insurance plan will normally cover

vitamins and natural remedies

cosmetic procedures

gym membership

a disease

Answer: a disease

Question: Low frequency diseases can be exclusively covered by what kind of health insurance policies?

Limited policies

Blanket policies

Employer policies

Restricted policies

Answer: Limited policies

Question: All of the following plans allow for employee contributions to be taken on a pre-tax basis EXCEPT

Section 125 Plan

Premium Only Plan

Cafeteria Plan

Health Reimbursement Arrangement Plan

Answer: Health Reimbursement Arrangement Plan

Question: A health insurance policy will typically cover

injuries obtained from war

elective cosmetic surgery

preventative health services

work related injuries

Answer: preventative health services

Question: Medical Expense Insurance would cover

an injury occurring at the insured’s residence

an injury occurring at work

an injury caused by war

elective surgeries

Answer: an injury occurring at the insured’s residence

Question:

Answer: the specified number of days an insured must wait before becoming eligible to receive benefits for each hospitalization

Question: Which type of coverage pays an amount per day for hospitalization directly to the insured regardless of the insured’s other health insurance?

MEWA

Mutual

Group

Hospital indemnity

Answer: hospital indemnity

Question: An indemnity plan

pays both the insured and health care provider

provides the insured a specific dollar amount for services

pays the health care provider directly for services rendered

is typically issued as a group plan

Answer: provides the insured a specific dollar amount for services

Question:

Answer: No deductible payment is required

Question: How is a health provider reimbursed if they do NOT have an agreement in place with the insurance company?

With a contingent fee

With a scheduled fee

With a usual, customary, and reasonable fee

With a reasonably appropriate fee

Answer: With a usual, customary, and reasonable fee