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Exam (elaborations)

Accident And Health Insurance Basics Questions With Complete Answers

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ACCIDENT AND HEALTH INSURANCE BASICS QUESTIONS WITH COMPLETE ANSWERS

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Medical expense


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1. covers your doctor and hospital bill
2. may be sold on a reimbursement basis by a private insurance company
3. may be sold on a service basis by a service organization




Workers compensation


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, 1. covers you of the job only
2. If you own your own company, you have to cover your employees, but
coverage is optional for yourself
3. if you don't have workers compensation and you ar injured on the job,
your health insurance will cover you.




Moral hazard is presented by ..


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dishonest applicant




disability to health insurance


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1. disability income insurance
2. Accidental death and dismemberment (AD&D) insurance
3. Medical expense insurance
4. Dental insurance
5. Long-term care insurance




Individual health insurance policy


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