Unit 12 Introduction to Health Insurance
What are the two perils covered by
health insurance? - correct
answer-Accident - unintentional bodily
injury caused by unforeseen event
Sickness - need for medical care due to
cause other than accident
What policies can use pre existing
conditions as exclusions still? - correct
answer-eliminated from policies affected
by ACA
Can exclude:
-disability policies
-long term care insurance
-Medicare supplements
-limited benefit policies
, What are the four main health insurance
policy types and what do they cover? -
correct answer-hospital/medical -
medical bills
disability income insurance - income
when accident/sickness leaves them
unable to work. Money for bills other
than medical expenses.
dental expense insurance - dental bills
long-term care (LTC) insurance - medical
and non medical coverage for chronic
illness, cognitive impairment, difficulties
performing activities of daily living (ADL)
What are the differences between
individual and group health insurance? -
correct answer-Individual:
-anyone can apply for coverage
-each person has a policy
What are the two perils covered by
health insurance? - correct
answer-Accident - unintentional bodily
injury caused by unforeseen event
Sickness - need for medical care due to
cause other than accident
What policies can use pre existing
conditions as exclusions still? - correct
answer-eliminated from policies affected
by ACA
Can exclude:
-disability policies
-long term care insurance
-Medicare supplements
-limited benefit policies
, What are the four main health insurance
policy types and what do they cover? -
correct answer-hospital/medical -
medical bills
disability income insurance - income
when accident/sickness leaves them
unable to work. Money for bills other
than medical expenses.
dental expense insurance - dental bills
long-term care (LTC) insurance - medical
and non medical coverage for chronic
illness, cognitive impairment, difficulties
performing activities of daily living (ADL)
What are the differences between
individual and group health insurance? -
correct answer-Individual:
-anyone can apply for coverage
-each person has a policy
