Healthcare Insurance Coverage and Administration Quiz
Test your knowledge on healthcare insurance plans, COBRA, Medicare, and more. Explore key terms and concepts in healthcare coverage.
#1
Which of the following is NOT a type of healthcare insurance plan?
#2
What does COBRA stand for in the context of healthcare insurance?
Consolidated Omnibus Budget Reconciliation Act
Comprehensive Oversight of Benefits and Rights Act
Cooperative Obligation for Benefit Refund Act
Concurrent Obligation for Benefit Reduction Act
#3
Which of the following is an example of a managed care organization?
Medicare
TRICARE
Kaiser Permanente
Medicaid
#4
Which federal agency oversees the implementation and enforcement of the Affordable Care Act (ACA)?
Centers for Medicare & Medicaid Services (CMS)
Food and Drug Administration (FDA)
Federal Trade Commission (FTC)
Department of Health and Human Services (HHS)
#5
Which of the following is NOT a factor typically considered in determining health insurance premiums?
Age
Marital status
Gender
Occupation
#6
Which of the following statements about Medicare is true?
It is only available for people over 75 years old.
It covers all healthcare costs without any out-of-pocket expenses.
It primarily provides coverage for hospital stays and medical services for people aged 65 and older.
It is administered by private insurance companies.
#7
What is the purpose of a Health Savings Account (HSA)?
To provide free healthcare to low-income individuals
To allow individuals to save for qualified medical expenses on a tax-free basis
To regulate the prices of medical services
To provide supplemental insurance coverage
#8
What is the purpose of pre-authorization in healthcare insurance?
To deny coverage for certain medical procedures
To obtain approval from the insurance company before receiving certain medical services
To determine the premium amount for the insured individual
To provide reimbursement for medical expenses
#9
What does the term 'out-of-pocket maximum' refer to in healthcare insurance?
The maximum amount an insured individual is required to pay for covered medical expenses during a policy period
The minimum amount an insured individual must pay before the insurance company starts covering medical expenses
The amount paid by the insurance company to healthcare providers for covered services
The percentage of medical expenses covered by insurance after the deductible is met
#10
What is a Health Maintenance Organization (HMO)?
A type of healthcare insurance plan that offers a wide network of providers and allows members to see specialists without referrals
An organization that provides healthcare services directly to individuals for a fixed fee
A network of healthcare providers that agree to provide services at a lower cost to members
A type of healthcare insurance plan that requires members to choose a primary care physician and obtain referrals to see specialists
#11
Which of the following is a characteristic of a High Deductible Health Plan (HDHP)?
It has low deductibles and out-of-pocket expenses.
It is not compatible with Health Savings Accounts (HSAs).
It is commonly chosen by people with chronic health conditions.
It requires higher deductibles and out-of-pocket expenses but typically has lower premiums.
Sign In to view more questions.
Quiz Questions with Answers
Forget wasting time on incorrect answers. We deliver the straight-up correct options, along with clear explanations that solidify your understanding.
Popular Quizzes in Healthcare
Report