1.If a person must pay the first $300 of covered health care expenses in a year, this...
Question:
1.If a person must pay the first $300 of covered health care expenses in a year, this is called their
a. | deductible. | |
b. | maximum out-of-pocket. | |
c. | lifetime maximum. | |
d. | co-payment. |
2.The majority of people with private health insurance get it
a. | along with one other person. | |
b. | individually. | |
c. | in groups. | |
d. | at the grocery store. |
3.The lifetime maximum is the
a. | most of covered expenses that an individual will have to pay during a year. | |
b. | percentage of a covered expense that an insurance company will have to pay (after the deductible is met.) | |
c. | most of covered expenses that an insurance company will pay on an individual over their lifetime. | |
d. | percentage of a covered expense that an individual will have to pay (after the deductible is met.) |
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill