PSBP FINAL EXAM QUESTIONS AND
ANSWERS 100% PASS
How much does the U.S spend on healthcare services annually? - ANS Over $4.3 trillion
Define the following term:
Private health insurance from your job/employer. - ANS Commercial health plan
Define the following term:
Public health insurance for low-income, disabled, pregnant persons, and children. -
ANS Medicaid
Define the following term:
Public health insurance for 65 years of age or older and some disabled persons. -
ANS Medicare
Define the following term:
Health insurance used when individuals are unable to obtain health insurance elsewhere -
ANS Insurance exchange
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,Which is the most popular health insurance? - ANS Commerical
What percent of U.S citizens are insured? - ANS Over 90%
A retiree might have both _____ and _____ health plans. - ANS Medicare
Commercial
Someone that is dual-enrolled has both _____ and _____ health plans. - ANS Medicaid
Medicare
Define the following term:
Amount you pay for health insurance each month. - ANS Premium
Define the following term:
Amount you pay out of pocked before health insurance benefits kick in. - ANS Deductible
Define the following term:
Fixed amount you pay for services after meeting your deductible. - ANS Copay
Define the following term:
Percentage of costs you pay for services after meeting your deductible - ANS Co-insurance
Define the following term:
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Administrator of prescription coverage benefits from plan payers. - ANS Pharmacy benefits
manager (PBM)
Define the following term:
The pharmaceutical company/industry. - ANS Pharma
Define the following term:
Price concession paid by Pharm. - ANS Rebate
Define the following term:
Someone who has an interest in something. - ANS Stakeholder
_____ benefits are services for medical expenses.
_____ benefits are services for covered prescription medications. - ANS Medical
Pharmacy
Define the following term:
A list of doctors, pharmacies, and hospitals that are covered by the payer. - ANS Network
Define the following term:
The process that applies business principles to healthcare. - ANS Managed care
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
ANSWERS 100% PASS
How much does the U.S spend on healthcare services annually? - ANS Over $4.3 trillion
Define the following term:
Private health insurance from your job/employer. - ANS Commercial health plan
Define the following term:
Public health insurance for low-income, disabled, pregnant persons, and children. -
ANS Medicaid
Define the following term:
Public health insurance for 65 years of age or older and some disabled persons. -
ANS Medicare
Define the following term:
Health insurance used when individuals are unable to obtain health insurance elsewhere -
ANS Insurance exchange
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,Which is the most popular health insurance? - ANS Commerical
What percent of U.S citizens are insured? - ANS Over 90%
A retiree might have both _____ and _____ health plans. - ANS Medicare
Commercial
Someone that is dual-enrolled has both _____ and _____ health plans. - ANS Medicaid
Medicare
Define the following term:
Amount you pay for health insurance each month. - ANS Premium
Define the following term:
Amount you pay out of pocked before health insurance benefits kick in. - ANS Deductible
Define the following term:
Fixed amount you pay for services after meeting your deductible. - ANS Copay
Define the following term:
Percentage of costs you pay for services after meeting your deductible - ANS Co-insurance
Define the following term:
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Administrator of prescription coverage benefits from plan payers. - ANS Pharmacy benefits
manager (PBM)
Define the following term:
The pharmaceutical company/industry. - ANS Pharma
Define the following term:
Price concession paid by Pharm. - ANS Rebate
Define the following term:
Someone who has an interest in something. - ANS Stakeholder
_____ benefits are services for medical expenses.
_____ benefits are services for covered prescription medications. - ANS Medical
Pharmacy
Define the following term:
A list of doctors, pharmacies, and hospitals that are covered by the payer. - ANS Network
Define the following term:
The process that applies business principles to healthcare. - ANS Managed care
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
