Insurace Essay

Below is a free essay on "Insurace" from Anti Essays, your source for free research papers, essays, and term paper examples.

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?



deductible



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?



$210,000



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?


noncancellable




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?...

Read Full Essay

Welcome

Anti Essays offers free essay examples to help students with their essay writing.

Sign Up for free

Citations

MLA Citation

"Insurace". Anti Essays. 27 Nov. 2014

<http://www.antiessays.com/free-essays/Insurace-47749.html>

APA Citation

Insurace. Anti Essays. Retrieved November 27, 2014, from the World Wide Web: http://www.antiessays.com/free-essays/Insurace-47749.html