Health Insurance Fundamentals: Policy Types, Cost-Sharing Mechanisms and Provider Models

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Business - Insurance

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michael1tekrzp Created by 10 mon ago

Cards in this deck(26)
What is the term for a form of protection that eases the financial burden people may experience as a result of illness or injury?
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What is the term for the percentage of the medical expenses the policyholder must pay in addition to the deductible amount?
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What is the provision called that requires the policyholder to pay all costs up to a certain amount, after which the insurance company pays 100 percent of the remaining expenses covered in the policy?
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What is the term for a flat fee that you pay every time you receive a covered service?
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Which insurance company provides hospital care benefits?
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Which insurance company provides benefits for surgical and medical services performed by physicians?
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What term refers to prepaid health plans that provide comprehensive health care to their members?
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What is the health insurance plan called that directly employs or contracts with selected, or preapproved, physicians and other medical professionals to provide health care services in exchange for a fixed, prepaid monthly premium?
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What is the term for a group of doctors and hospitals that agree to provide specified medical services to members at prearranged fees?
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What type of health insurance plan combines features of both HMOs and PPOs?
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What is the name of the federally funded health insurance program available to people over 65 or with certain disabilities?
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What is the medical assistance program offered to certain low-income individuals and families?
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What type of insurance provides regular cash income when an employee is unable to work due to pregnancy, a non-work-related accident, or an illness?
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Who is the person named to receive the benefits from an insurance policy?
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What is the term for insurance that provides protection against loss of life for only a specified term, or period of time?
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What is the name of the permanent policy for which you pay a specified premium each year for the rest of your life?
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What is the term for the accumulated savings you are entitled to when and if you cancel the policy?
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What type of life insurance provides coverage for a specific period of time and pays a sum of money to the policyholder if he or she is living at the end of the endowment period?
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What is the term for a stop in coverage?
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What is the term for daily means during a hospital stay?
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What term describes services that may include vision care and prescription services, which are typically available for an additional fee?
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What are the facilities and organizations called that provide care for the terminally ill?
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What is the term for something that is good for only a few years?
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What is the term for stopping something temporarily?
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What is the term for suffering or experiencing severe adversity?
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What is the term for conditions or stipulations in a contract or agreement?
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