Criticisms of the American health care system include all of the following except:
the current system is more consistent with the American political philosophy than socialized medicine
Which of the following clauses are associated with major medical coverage?
Jean's health insurance policy has a 70/30 participation deductible. The policy has no other deductible provisions, nor does it have an annual out-of-pocket maximum limit. If Jean has brain transplant surgery that results in medical bills of $300,000, how much of the medical bills will her insurer pay?
Which of the following is false?
Medicare insurance currently finances over 60 percent of all long-term nursing home care expenses
More than half of all health insurance in the U.S. is provided by:
HMOs & PPOs
Which is the most desirable type of health insurance renewability feature?
Your personal health insurance policy provides the following coverage:
For all covered medical bills, you must pay a $100 annual aggregate deductible.
After meeting that deductible, you must share in all additional expenses on a 90/10
basis. In any one year, your out-of-pocket maximum expenditure will not exceed $1,000.
In 2009 you fall and crack your skull. The covered medical bills you incur total $7,100. How much will you have to pay for this loss, and how much will the insurer pay?
You pay $800, your insurer pays $6,300
Blue Cross is:
a hospital service prepayment plan
Granny Mayberry's health insurance policy has a $500 annual aggregate deductible, 80/20 cost sharing deductible, and a $5,000 maximum annual out-of-pocket cap of $5,000. She wrecks her Harley and breaks her hip, and her total medical bills for the injury are $12,890. How much will her insurer pay for this claim?...