XCEL Chapter 7 - Medical Expense Insurance questions and answers well illustrated.

XCEL Chapter 7 - Medical Expense Insurance questions and answers well illustrated. "Maximum benefits" refers to the - correct limit of the total lifetime benefits the insurance company will pay A dread disease policy is considered to be a type of - correct ed health insurance policy A fee for service health insurance plan will normally cover - correct answers.a disease A health insurance policy will typically cover - correct ntative health services A payment system for health care in which the provider is paid for each service given is called - correct -for-service A pharmacy benefit covers prescription drugs derived from a list called a(n) - correct formulary A policyholder has a major medical plan with a 80%/20% coinsurance and a deductible of $75. If the insured has previously met her deductible and receives a bill for $175, how much will the insurer pay? - correct answers.$140. Because the insured has previously met her deductible, the eligible expenses for a claim is the entire $175. The insurance company pays 80% of $175, or $140. A proposed insured for a health insurance policy was treated for heart disease within the past year. When applying for health insurance, the heart disease treatment - correct ates a preexisting condition All of the following are qualifications for establishing a health savings account (HSA) EXCEPT - correct answers.Enrolled in a health plan with a prescription drug benefit All of the following plans allow for employee contributions to be taken on a pre-tax basis EXCEPT - correct answers.Health Reimbursement Arrangement Plan