Health Insurance Cost Analysis and Decision Making Quiz Test your knowledge on health insurance terms, deductibles, co-payments, and more. Make informed decisions about your healthcare economics. Try it now!
#1
The total cost of medical services covered by insurance
The amount the policyholder must pay before the insurance coverage kicks in
The cost of prescription medications
The premium paid monthly
#2
Medicare
Obamacare
Medicaid
CHIP
#3
To provide coverage for catastrophic health events only
To offer a wide network of healthcare providers
To focus on preventive care and manage overall health
To cover expenses related to mental health only
#4
The total amount the insured person pays out of pocket for covered services
The percentage of covered expenses that the insured must pay
A fixed amount the insured pays for a covered healthcare service
The maximum amount the insured has to pay in a policy year
#5
The amount paid by the insured before the insurance coverage starts
The percentage of costs of a covered healthcare service the insured must pay
A fixed amount the insured pays for certain covered services
The maximum amount the insured has to pay in a policy year
#6
The maximum amount the insured has to pay for covered services in a policy year
The total cost of medical services covered by insurance
The premium paid monthly
The amount paid by the insured before the insurance coverage starts
#7
To pay for eligible medical expenses with pre-tax dollars
To pay insurance premiums
To cover non-medical expenses
To invest in the stock market
#8
The process of determining the risk of insuring a particular individual
The process of filing a claim with the insurance company
The process of renewing an insurance policy
The process of determining the premium amount based on medical history
#9
Consolidated Omnibus Budget Reconciliation Act
Comprehensive Oversight of Benefits and Reimbursement Administration
Continuation of Benefits and Risk Adjustment
Consumer Option for Benefit Reimbursement and Access
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