Healthcare Insurance - Dynamics of Healthcare Test Questions and Correct Answers Latest Update 2024 (100% Pass)

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Healthcare Insurance - Dynamics of Healthcare Test Questions and Correct Answers Latest Update 2024 (100% Pass)

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Healthcare Insurance - Dynamics of Healthcare Test Questions and Correct Answers Latest Update
2024 (100% Pass)

HMO - Answers type of insurance plan that only allows for the patient to visit in-network care

PPO - Answers type of insurance plan that allows for the patient to visit out of network care

Medicare - Answers A federal program of health insurance for people 65 years of age and older

Medicaid - Answers A federal and state assistance program that pays for health care services for people
who cannot afford them or with disabilities

CMS - Answers Centers for Medicare and Medicaid Services

Premium - Answers The cost paid each month for insurance

Deductible - Answers Amount you must pay before you begin receiving any benefits from your insurance
company

Co-pay - Answers Specific amounts a patient pays for a specific service

Coinsurance - Answers Percent of expense shared by patient

Resource utilization - Answers Critical exam of health care services for the purpose of controlling costs
and monitoring the quality of care

Flexible Savings Account (FSA) - Answers Savings account that helps employees cover health related
costs that are not included in their insurance plans

Tricare - Answers U.S. government health insurance plan for all military personnel

Private insurance - Answers Purchased by an individual

Employer sponsored - Answers Employer assisted health insurance coverage for employee's

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Uploaded on: November 20, 2024
Number of pages: 1
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Questions & answers

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