Question 1

Medicare does not cover the expenses of private-duty nursing care.

Accepted Answer

A) True 
 B)False

Question 2

Which health insurance policy pays benefits only when you are hospitalized, but pays these benefits in cash which you can use as you like?

Accepted Answer

A)   Hospital indemnity
B)   Interim or short-term
C)   Disability income
D)   Comprehensive major medical
E)   Major medical expenseF) B) and D)
G) B) and C)

Question 3

Disability benefits begin on the first day you are disabled.

Accepted Answer

A) True 
 B)False

Question 4

Raymond Carter has a type of medical insurance that has a very low deductible and pays for hospital, surgical, medical, and other bills under one plan. What type of insurance does he have?

Accepted Answer

A)   Comprehensive major medical
B)   Hospital indemnity
C)   Long-term care
D)   Cancer
E)   Disability incomeF) B) and C)
G) A) and B)

Question 5

Physician expense insurance helps pay for physician's care that does not involve surgery.

Accepted Answer

A) True 
 B)False

Question 6

What are some things that you can do to reduce your personal health care costs?

Accepted Answer

The answer of What are some things that you can...

Question 7

Which of the following is not a way that you can reduce your personal health care cost?

Accepted Answer

A)   Ask your physician and pharmacist if a less expensive generic drug is available.
B)   Save time and do not review billing statements from medical providers.
C)   Practice preventative care and stay well.
D)   Consider participating in a flexible spending account if your employer offers it.
E)   Ask your physician if you can follow up by phone instead of visiting the office.F) A) and E)
G) C) and D)

Question 8

Why are the costs of health insurance and health care increasing?

Accepted Answer

The costs of health insurance and health...

Question 9

Every year, what percent of the adult U.S. population suffers a long-term disability?

Accepted Answer

A)   12
B)   14
C)   18
D)   23
E)   25F) B) and C)
G) A) and D)

Question 10

Benjamin Northcutt has an insurance policy that does not cover cosmetic surgery like the nose job he would like to have. What provision in his insurance policy would specify this?

Accepted Answer

A)   Eligibility
B)   Assigned benefits
C)   Benefit limits
D)   Guaranteed renewable
E)   Exclusions and limitationsF) A) and E)
G) A) and D)

Question 11

Medical insurance is which part of Medicare?

Accepted Answer

A)   Part A
B)   Part B
C)   Part C
D)   Part D
E)   Part EF) A) and B)
G) A) and C)

Question 12

Hospital insurance (Part A)  of Medicare is financed from part of the ____________ tax.

Accepted Answer

A)   state income
B)   federal excise
C)   individual income
D)   corporate income
E)   Social SecurityF) A) and B)
G) D) and E)

Question 13

Most insurers limit disability benefits from all sources of insurance to no more than ____________ percent of your take-home pay.

Accepted Answer

A)   30-40
B)   40-50
C)   50-60
D)   60-70
E)   70-80F) C) and E)
G) B) and E)

Question 14

Blue Cross plans provide for surgical and medical services performed by physicians.

Accepted Answer

A) True 
 B)False

Question 15

Most private insurance companies sell health insurance policies to:

Accepted Answer

A)   individuals.
B)   families.
C)   employers.
D)   employees.
E)   non-profit organizations.F) B) and D)
G) A) and D)

Question 16

Jose Gonzales just turned 65 this year. He should apply for Medicare benefits at a local:

Accepted Answer

A)   office of the National Institutes of Health.
B)   IRS office.
C)   Social Security office.
D)   county medical hospital.
E)   post office.F) B) and D)
G) B) and C)

Question 17

Some employers provide disability income protection for their employees through group insurance plans.

Accepted Answer

A) True 
 B)False

Question 18

One reason for the high cost of health care is the use of sophisticated and expensive technologies.

Accepted Answer

A) True 
 B)False

Question 19

Hospital insurance is which part of Medicare?

Accepted Answer

A)   Part A
B)   Part B
C)   Part C
D)   Part D
E)   Part EF) A) and E)
G) D) and E)

Question 20

The affordability of which one of these is one of the most important social issues of our time?

Accepted Answer

A)   Health care
B)   Clothing
C)   Automobiles
D)   Vacations
E)   Day careF) All of the above
G) A) and B)

Exam 11: Health, Disability, and Long-Term Care Insurance

Most insurers limit disability benefits from all sources of insurance to no more than ____________ percent of your take-home pay.

Correct AnswerverifiedShow Answer

Physician expense insurance helps pay for physician's care that does not involve surgery.

Correct AnswerverifiedShow Answer

Hospital insurance (Part A) of Medicare is financed from part of the ____________ tax.

Correct AnswerverifiedShow Answer

Raymond Carter has a type of medical insurance that has a very low deductible and pays for hospital, surgical, medical, and other bills under one plan. What type of insurance does he have?

Correct AnswerverifiedShow Answer

Medicare does not cover the expenses of private-duty nursing care.

Correct AnswerverifiedShow Answer

Jose Gonzales just turned 65 this year. He should apply for Medicare benefits at a local:

Correct AnswerverifiedShow Answer

Every year, what percent of the adult U.S. population suffers a long-term disability?

Correct AnswerverifiedShow Answer

Medical insurance is which part of Medicare?

Correct AnswerverifiedShow Answer

One reason for the high cost of health care is the use of sophisticated and expensive technologies.

Correct AnswerverifiedShow Answer

Blue Cross plans provide for surgical and medical services performed by physicians.

Correct AnswerverifiedShow Answer

Which of the following is not a way that you can reduce your personal health care cost?

Correct AnswerverifiedShow Answer

Why are the costs of health insurance and health care increasing?

Correct AnswerAnswered by ExamLex AIThe costs of health insurance and health...View AnswerShow Answer

Disability benefits begin on the first day you are disabled.

Correct AnswerverifiedShow Answer

Benjamin Northcutt has an insurance policy that does not cover cosmetic surgery like the nose job he would like to have. What provision in his insurance policy would specify this?

Correct AnswerverifiedShow Answer

Which health insurance policy pays benefits only when you are hospitalized, but pays these benefits in cash which you can use as you like?

Correct AnswerverifiedShow Answer

Some employers provide disability income protection for their employees through group insurance plans.

Correct AnswerverifiedShow Answer

What are some things that you can do to reduce your personal health care costs?

Correct AnswerverifiedShow Answer

Most private insurance companies sell health insurance policies to:

Correct AnswerverifiedShow Answer

Hospital insurance is which part of Medicare?

Correct AnswerverifiedShow Answer

The affordability of which one of these is one of the most important social issues of our time?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
The costs of health insurance and health...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified