#1
Which of the following is not a type of health insurance plan?
Medical Savings Account (MSA)
ExplanationMSA is a savings account, not an insurance plan.
#2
What is the purpose of a Health Maintenance Organization (HMO) in health insurance?
To provide a network of healthcare providers for members
ExplanationHMOs offer a predefined network of providers for members.
#3
What is the purpose of Medicaid in the United States?
To provide health insurance coverage for low-income individuals and families
ExplanationMedicaid serves low-income individuals and families.
#4
Which government program provides health insurance coverage for low-income children and pregnant women in the United States?
CHIP
ExplanationCHIP is for low-income children and pregnant women.
#5
What is the purpose of the Affordable Care Act (ACA) in the United States?
To expand access to healthcare coverage and reduce healthcare costs
ExplanationACA aims to make healthcare more accessible and affordable.
#6
What is a copayment in health insurance?
The amount paid by the insured for a specific healthcare service or medication
ExplanationCopayment is the portion paid by the insured for services.
#7
What is the purpose of the Health Insurance Marketplace (Exchange) in the United States?
To provide a platform for individuals and small businesses to compare and purchase health insurance plans
ExplanationThe Exchange allows comparison and purchase of insurance plans.
#8
Which government program provides health insurance coverage for individuals aged 65 and older in the United States?
Medicare
ExplanationMedicare is for seniors aged 65 and older.
#9
What is the main characteristic of a Preferred Provider Organization (PPO) in health insurance?
Members do not need referrals to see specialists
ExplanationPPOs allow members direct access to specialists.
#10
What is a deductible in health insurance?
The fixed amount paid by the insured before the insurance company begins to cover expenses
ExplanationDeductibles are the initial amount paid by the insured.
#11
Which of the following is a characteristic of a High Deductible Health Plan (HDHP)?
It typically has a higher deductible and lower monthly premiums
ExplanationHDHPs have high deductibles but lower premiums.
#12
Which government program provides health insurance coverage for military personnel and their families in the United States?
TRICARE
ExplanationTRICARE covers military personnel and families.
#13
What is a pre-existing condition in health insurance?
A condition that existed before the individual's health insurance coverage began
ExplanationPre-existing conditions are medical conditions predating coverage.
#14
What is the purpose of Medicare Advantage (Part C) plans?
To provide an alternative to traditional Medicare with additional benefits
ExplanationPart C offers an alternative with added benefits.
#15
Which of the following is true about the Health Savings Account (HSA)?
Contributions are tax-deductible, and withdrawals are tax-free if used for qualified medical expenses
ExplanationHSAs offer tax benefits for medical expenses.
#16
What is the purpose of the Consolidated Omnibus Budget Reconciliation Act (COBRA) in the United States?
To allow individuals to maintain their health insurance coverage after job loss or certain life events
ExplanationCOBRA allows continuation of insurance after job loss.
#17
What is the purpose of the Children's Health Insurance Program (CHIP) in the United States?
To provide health insurance coverage for low-income children and pregnant women
ExplanationCHIP is for low-income children and pregnant women.
#18
What is the purpose of the Consolidated Health Center Program (CHCP) in the United States?
To provide funding for community health centers serving underserved populations
ExplanationCHCP funds community health centers for underserved populations.
#19
Which of the following is true about the Medicare program in the United States?
Part B covers hospital stays and medical services
ExplanationMedicare Part B includes hospital stays and medical services.