Health Insurance and Coverage Quiz

Short-term health insurance provides coverage for a limited duration, typically less than a year.

A co-pay is a predetermined amount an insured individual pays at the time of receiving medical services.

Cosmetic surgery is usually not covered by health insurance unless deemed medically necessary.

Medicaid is a joint federal and state program that provides health coverage to low-income individuals and families.

Dental insurance typically covers preventive services like routine cleanings and check-ups.

VA Health Care provides medical benefits to eligible military veterans.

Medicare is a federal health insurance program primarily for people 65 or older.

HMOs require members to select a primary care physician who manages and coordinates their healthcare services.

The out-of-pocket maximum is the most a policyholder is required to pay for covered healthcare services in a policy period.

A network consists of healthcare providers who have agreed to provide services to members of a specific insurance plan at negotiated rates.

A pre-existing condition refers to a health issue that existed before the start of an insurance policy.

PPO plans allow individuals to see specialists without obtaining a referral from a primary care physician.

HMO referrals are required to obtain authorization for specialist care.

HSAs allow individuals to save money for medical expenses on a tax-free basis.

HRAs are employer-funded accounts that reimburse employees for qualified medical expenses incurred.