Ch 1: Reivew Test Flashcards
The Origins of Health Insurance
Financial protection against loss or harm is referred to as?
Insurance
What does medical insurance narrow down “undesired events” to?
Illness and Injury
Keeping a person well or catching and treating an emerging illness in its early stages is referred to as what?
Preventive medicine
In what country did modern health insurance begin?
England (1850)
In what year did modern health insurance begin?
1850 (England)
Health insurance was “born” in the United States in 1920 with a plan that later became known as what?
Blue Cross
Blue Cross and Blue Shield plans traditionally established premiums wherin everybody in the community paid the same premium, called ____?
Community rating
A profound change in form from one stage to the next in life history of an organism is referred to scientifically as what?
Metamorphosis
When did congress pass the Health Maintenance Organization (HMO) Act?
1973
What type of insurance provides comprehensive major medical benefits and allows insured individual(s) to choose any provider when seeking medical care?
Indemnity insurance, also known as fee-for-service plan
The government provides health insurance programs to specific groups, such as the elderly, the disabled, and people who qualify because their income is lower than what?
The federal poverty level
When did the Affordable Care Act become fully implemented?
2014
Under the Affordable Care Act, individuals who have not had health insurance for 6 months receive a subsidy allowing them to enroll in what?
High-risk insurance pools
What contains protections for health coverage offered in connection with employment and for individual insurance policies sold by insurance companies?
HIPPA
Experts believe that increasing healthcare costs are due to what?
- The “graying of America”
- Advances in medical technology
- More demand for healthcare
Any system of healthcare that attempts to control or coordinate the use of healthcare to contain expenditures, improve quality, or both falls under what category?
Managed healthcare
What new healthcare laws were enacted in 2010 that represent significant changes in America’s healthcare industry?
- Health Care and Education Reconciliation Act
- Patient Protection and Affordable Care Act
Before the Affordable Care Act took effect, the estimated number of Americans who were without healthcare coverage numbered in the ____?
Millions
What program provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance?
CHIP
What are the two relatively new types of healthcare plans that provide additional options for coverage?
- Health Insurance Exchanges
- Accountable Care Organization
What is insurance?
Financial protection against loss or harm
Medical insurance defines illness and injury as what?
Undesired Events
What is preventive medicine?
Keeping a person well or catching and treating an emerging illness in its early stages
What health insurance event occurred in 1850 England?
The beginning of modern health insurance
When was the healthcare plan, later known as Blue Cross, started?
1920 United States (Texas)
What is community rating?
Everybody in the community pays the same premium
What act did congress pass in 1973?
Health Maintenance Organization (HMO) Act
What is indemnity, or fee-for-service insurance?
Provides comprehensive major medical benefits and allows insured individual(s) to choose any provider when seeking medical care
What important act became fully implemented in 2014?
Affordable Care Act
Under the Affordable Care Act, individuals can receive a subsidy allowing them to enroll in high-risk insurance pools if they have not had health insurance in how long?
6 months
HIPPA contains protections for what?
Health coverage offered in connection with employment and for individual insurance policies sold by insurance companies?
What is managed healthcare?
Any system of healthcare that attempts to control or coordinate the use of healthcare to contain expenditures, improve quality, or both
What does the program CHIP provide?
CHIP provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance
