Question 1

What can you do to responsibly reduce your health care costs?

Accepted Answer

A)   Get some exercise.
B)   Gain a little extra weight.
C)   Smoke and drink.
D)   Live dangerously.
E)   Don't seek medical care.F) A) and B)
G) B) and E)

Question 2

Medicare originally had two parts: hospital insurance (Part A) and medical insurance (Part B).

Accepted Answer

A) True 
 B)False

Question 3

Up to how many days of skilled nursing care are covered by Medicare?

Accepted Answer

A)   30
B)   60
C)   85
D)   100
E)   120F) A) and D)
G) B) and C)

Question 4

Part A of Medicare pays for all covered services for inpatient hospital care after you pay a single annual deductible.

Accepted Answer

A) True 
 B)False

Question 5

Surgical expense insurance pays part or all of the surgeon's fees for an operation.

Accepted Answer

A) True 
 B)False

Question 6

Which country has the highest per capita medical expenditures of any industrialized country in the world?

Accepted Answer

A)   Australia
B)   Britain
C)   Canada
D)   Denmark
E)   U.S.A.F) D) and E)
G) A) and B)

Question 7

Dental expense insurance provides reimbursement for:

Accepted Answer

A)   oral examinations.
B)   fillings.
C)   extractions.
D)   inlays.
E)   All of theseF) All of the above
G) A) and D)

Question 8

Which of the following statements is true?

Accepted Answer

A)   Physician expense insurance coverage normally includes visits to the doctor's office, x-rays, and lab tests.
B)   Basic health insurance coverage includes hospital expense insurance, surgical expense insurance, and physician expense insurance.
C)   A deductible provision requires the policyholder to pay a basic amount before the policy benefits begin.
D)   A good health insurance plan should impose no unreasonable exclusions.
E)   All of these statements are true.F) A) and D)
G) B) and D)

Question 9

What is covered by Medicare Parts A and B?

Accepted Answer

A)   Intermediate and custodial nursing care
B)   Out-of-hospital prescription drugs
C)   Private-duty nursing
D)   Routine checkups
E)   Hospice careF) A) and E)
G) B) and C)

Question 10

To get Medicare medical insurance (Part B) you must sign up for it and pay a monthly premium.

Accepted Answer

A) True 
 B)False

Question 11

What are the primary sources of government health care insurance?

Accepted Answer

The federal government and sta...

Question 12

A good health insurance plan should impose no unreasonable exclusions.

Accepted Answer

A) True 
 B)False

Question 13

What are some possible reasons for high and rising costs of health care?

Accepted Answer

A)   The use of sophisticated and high-priced equipment
B)   Medical personnel who command high earnings
C)   Innovative but costly treatment for some illnesses
D)   The increasing number and longevity of elderly people
E)   All of theseF) All of the above
G) B) and C)

Question 14

Medicare was never intended to pay all medical costs.

Accepted Answer

A) True 
 B)False

Question 15

Very few members of the Medicaid population are also covered by Medicare.

Accepted Answer

A) True 
 B)False

Question 16

Group health insurance plans comprise about 90 percent of all health insurance issued by health and life insurance companies.

Accepted Answer

A) True 
 B)False

Question 17

To stay healthy, you must get sufficient rest, relaxation, and exercise.

Accepted Answer

A) True 
 B)False

Question 18

Why are a growing number of students without health insurance?

Accepted Answer

A)   Insurance companies refuse to insure them.
B)   Students are young and healthy.
C)   Students don't need health insurance.
D)   Students don't care if they get sick.
E)   Older students are not covered by family policies.F) A) and E)
G) C) and D)

Question 19

As a national average, a year in a nursing home costs:

Accepted Answer

A)   $32,000.
B)   $49,000.
C)   $63,000.
D)   $88,000.
E)   $96,000.F) All of the above
G) B) and C)

Question 20

More people have ______ insurance than any other kind of health insurance.

Accepted Answer

A)   hospital expense
B)   surgical expense
C)   physician expense
D)   major medical expense
E)   dental expenseF) A) and C)
G) A) and B)

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

Group health insurance plans comprise about 90 percent of all health insurance issued by health and life insurance companies.

Correct AnswerverifiedShow Answer

Up to how many days of skilled nursing care are covered by Medicare?

Correct AnswerverifiedShow Answer

What are some possible reasons for high and rising costs of health care?

Correct AnswerverifiedShow Answer

What is covered by Medicare Parts A and B?

Correct AnswerverifiedShow Answer

Surgical expense insurance pays part or all of the surgeon's fees for an operation.

Correct AnswerverifiedShow Answer

More people have ______ insurance than any other kind of health insurance.

Correct AnswerverifiedShow Answer

A good health insurance plan should impose no unreasonable exclusions.

Correct AnswerverifiedShow Answer

Which of the following statements is true?

Correct AnswerverifiedShow Answer

Medicare originally had two parts: hospital insurance (Part A) and medical insurance (Part B).

Correct AnswerverifiedShow Answer

Dental expense insurance provides reimbursement for:

Correct AnswerverifiedShow Answer

Which country has the highest per capita medical expenditures of any industrialized country in the world?

Correct AnswerverifiedShow Answer

As a national average, a year in a nursing home costs:

Correct AnswerverifiedShow Answer

Very few members of the Medicaid population are also covered by Medicare.

Correct AnswerverifiedShow Answer

What can you do to responsibly reduce your health care costs?

Correct AnswerverifiedShow Answer

Why are a growing number of students without health insurance?

Correct AnswerverifiedShow Answer

To stay healthy, you must get sufficient rest, relaxation, and exercise.

Correct AnswerverifiedShow Answer

Part A of Medicare pays for all covered services for inpatient hospital care after you pay a single annual deductible.

Correct AnswerverifiedShow Answer

Medicare was never intended to pay all medical costs.

Correct AnswerverifiedShow Answer

What are the primary sources of government health care insurance?

Correct AnswerverifiedThe federal government and sta...View AnswerShow Answer

To get Medicare medical insurance (Part B) you must sign up for it and pay a monthly premium.

Correct AnswerverifiedShow Answer

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The federal government and sta...
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