Question 1

Recent healthcare reform has introduced two new types of healthcare plans that the text mentions are "on the horizon" are:

Accepted Answer

A)  Medicare and Medicaid. 
B)  Health Insurance Exchanges and Accountable Care Organizations. 
C)  SCHIP and COBRA. 
D)  HMOs and HIPAA. 
A)  Medicare and Medicaid. 
B)  Health Insurance Exchanges and Accountable Care Organizations. 
C)  SCHIP and COBRA. 
D)  HMOs and HIPAA. B

Question 2

Health insurance narrows down undesirable events to:

Accepted Answer

A)  illnesses and injuries. 
B)  automobile accidents. 
C)  preventive illnesses. 
D)  preexisting conditions. 
A)  illnesses and injuries. 
B)  automobile accidents. 
C)  preventive illnesses. 
D)  preexisting conditions. A

Question 3

The combined federal and state healthcare program for indigent and low-income individuals is:

Accepted Answer

A)  Medicare. 
B)  Medicaid. 
C)  Blue Cross. 
D)  health maintenance. 
A)  Medicare. 
B)  Medicaid. 
C)  Blue Cross. 
D)  health maintenance. B

Question 4

The "graying of America" refers to those who:

Accepted Answer

A)  are 65 years of age or older. 
B)  work in "blue collar" jobs. 
C)  do not have a high school diploma. 
D)  are not American citizens. 
A)  are 65 years of age or older. 
B)  work in "blue collar" jobs. 
C)  do not have a high school diploma. 
D)  are not American citizens.

Question 5

The Affordable Care Act does not eliminate or affect COBRA.

Accepted Answer

A) True 
 B)False

Question 6

In 1850,the Franklin Health Assurance Company began offering medical expense coverage,similar to today's health insurance,in the state of ____________________.

Accepted Answer

The answer of In 1850,the Franklin Health Assurance Company began...

Question 7

The federal act that allows employees who quit their jobs or get laid off to extend their group coverage is known by the acronym ___________________.

Accepted Answer

The answer of The federal act that allows employees who...

Question 8

The situation in which patients pay a certain portion of healthcare costs (e.g.,deductible and copayment)is called:

Accepted Answer

A)  cost sharing. 
B)  equalizing. 
C)  standardizing. 
D)  community rating. 
A)  cost sharing. 
B)  equalizing. 
C)  standardizing. 
D)  community rating.

Question 9

The Patient Protection and Affordable Care Act was passed in:

Accepted Answer

A)  1999. 
B)  2005. 
C)  2008. 
D)  2010. 
A)  1999. 
B)  2005. 
C)  2008. 
D)  2010.

Question 10

Healthcare providers and companies that sell insurance have determined it is less costly to prevent serious illnesses than to treat them after they emerge.

Accepted Answer

A) True 
 B)False

Question 11

The two major sources of health insurance are ___________________ programs and ___________________ organizations.

Accepted Answer

The answer of The two major sources of health insurance...

Question 12

Individuals who are employed by a business are always covered by a group healthcare plan.

Accepted Answer

A) True 
 B)False

Question 13

The two basic types of health insurance plans are indemnity and managed care.

Accepted Answer

A) True 
 B)False

Question 14

One of the new healthcare laws enacted in 2010 that brought major changes to how Americans can get access to healthcare more easily is the:

Accepted Answer

A)  Health Insurance Portability and Accountability Act (HIPA
A) . 
B)  Health Maintenance Organization (HMO) Act. 
C)  Patient Protection and Affordable Care Act (PPAC
A) . 
D)  Consolidated Omnibus Budget Reconciliation Act (COBR
A) . 
A)  Health Insurance Portability and Accountability Act (HIPA
A) . 
B)  Health Maintenance Organization (HMO) Act. 
C)  Patient Protection and Affordable Care Act (PPAC
A) . 
D)  Consolidated Omnibus Budget Reconciliation Act (COBR
A) .

Question 15

Usually,there are no deductibles to be met or claim forms to be completed with HMOs.

Accepted Answer

A) True 
 B)False

Question 16

Under the new healthcare law,ACOs agree to manage all of the healthcare needs of a minimum of 5,000 Medicare beneficiaries for at least 3 years.

Accepted Answer

A) True 
 B)False

Question 17

Because health insurance is constantly evolving,there will no doubt always be issues to face,such as keeping costs down and preventing chronic illnesses.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is not a provision of HIPAA?

Accepted Answer

A)  Allows portability of health insurance coverage 
B)  Protects workers and their families from preexisting conditions 
C)  Establishes national standards for electronic healthcare 
D)  Addresses the high cost of health insurance 
A)  Allows portability of health insurance coverage 
B)  Protects workers and their families from preexisting conditions 
C)  Establishes national standards for electronic healthcare 
D)  Addresses the high cost of health insurance

Question 19

The program that provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance is called:

Accepted Answer

A)  CHIP. 
B)  COBRA. 
C)  ARRA. 
D)  HIPAA. 
A)  CHIP. 
B)  COBRA. 
C)  ARRA. 
D)  HIPAA.

Question 20

Media coverage is instrumental in keeping healthcare costs down.

Accepted Answer

A) True 
 B)False

Recent healthcare reform has introduced two new types of healthcare plans that the text mentions are "on the horizon" are:

Health insurance narrows down undesirable events to:

The combined federal and state healthcare program for indigent and low-income individuals is:

The "graying of America" refers to those who:

The Affordable Care Act does not eliminate or affect COBRA.

In 1850,the Franklin Health Assurance Company began offering medical expense coverage,similar to today's health insurance,in the state of ____________________.

The federal act that allows employees who quit their jobs or get laid off to extend their group coverage is known by the acronym ___________________.

The situation in which patients pay a certain portion of healthcare costs (e.g.,deductible and copayment)is called:

The Patient Protection and Affordable Care Act was passed in:

Healthcare providers and companies that sell insurance have determined it is less costly to prevent serious illnesses than to treat them after they emerge.

The two major sources of health insurance are _ programs and _ organizations.

Individuals who are employed by a business are always covered by a group healthcare plan.

The two basic types of health insurance plans are indemnity and managed care.

One of the new healthcare laws enacted in 2010 that brought major changes to how Americans can get access to healthcare more easily is the:

Usually,there are no deductibles to be met or claim forms to be completed with HMOs.

Under the new healthcare law,ACOs agree to manage all of the healthcare needs of a minimum of 5,000 Medicare beneficiaries for at least 3 years.

Because health insurance is constantly evolving,there will no doubt always be issues to face,such as keeping costs down and preventing chronic illnesses.

Which of the following is not a provision of HIPAA?

The program that provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance is called:

Media coverage is instrumental in keeping healthcare costs down.

Tools of the Trade: A Career as a Health (Medical)Insurance Professional

The Legal and Ethical Side of Medical Insurance

Types and Sources of Health Insurance

Claim Submission Methods

Traditional Fee For Service/Private Plans

Unraveling the Mysteries of Managed Care

Understanding Medicaid

Conquering Medicare’s Challenges

Military Carriers

Miscellaneous Carriers: Workers’ Compensation and Disability Insurance

Diagnostic Coding

Procedural, Evaluation and Management, and HCPCS Coding

The Patient

Keys to Successful Claims Management

The Role of Computers in Health Insurance

Reimbursement Procedures: Getting Paid

Hospital Billing and the UB-04

Filters

Exam 1: The Origins of Health Insurance

Recent healthcare reform has introduced two new types of healthcare plans that the text mentions are "on the horizon" are:

Health insurance narrows down undesirable events to:

The combined federal and state healthcare program for indigent and low-income individuals is:

The "graying of America" refers to those who:

The Affordable Care Act does not eliminate or affect COBRA.

In 1850,the Franklin Health Assurance Company began offering medical expense coverage,similar to today's health insurance,in the state of ____________________.

The federal act that allows employees who quit their jobs or get laid off to extend their group coverage is known by the acronym ___________________.

The situation in which patients pay a certain portion of healthcare costs (e.g.,deductible and copayment)is called:

The Patient Protection and Affordable Care Act was passed in:

Healthcare providers and companies that sell insurance have determined it is less costly to prevent serious illnesses than to treat them after they emerge.

The two major sources of health insurance are ___________________ programs and ___________________ organizations.

Individuals who are employed by a business are always covered by a group healthcare plan.

The two basic types of health insurance plans are indemnity and managed care.

One of the new healthcare laws enacted in 2010 that brought major changes to how Americans can get access to healthcare more easily is the:

Usually,there are no deductibles to be met or claim forms to be completed with HMOs.

Under the new healthcare law,ACOs agree to manage all of the healthcare needs of a minimum of 5,000 Medicare beneficiaries for at least 3 years.

Because health insurance is constantly evolving,there will no doubt always be issues to face,such as keeping costs down and preventing chronic illnesses.

Which of the following is not a provision of HIPAA?

The program that provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance is called:

Media coverage is instrumental in keeping healthcare costs down.

Tools of the Trade: A Career as a Health (Medical)Insurance Professional

The Legal and Ethical Side of Medical Insurance

Types and Sources of Health Insurance

Claim Submission Methods

Traditional Fee For Service/Private Plans

Unraveling the Mysteries of Managed Care

Understanding Medicaid

Conquering Medicare’s Challenges

Military Carriers

Miscellaneous Carriers: Workers’ Compensation and Disability Insurance

Diagnostic Coding

Procedural, Evaluation and Management, and HCPCS Coding

The Patient

Keys to Successful Claims Management

The Role of Computers in Health Insurance

Reimbursement Procedures: Getting Paid

Hospital Billing and the UB-04

Filters

The two major sources of health insurance are _ programs and _ organizations.