Types of insurance plans

Question 1

Medicare

Answer 1

covers pt 65+ and older by part A ( hospitalization) and part B ( routine medical office visits ) benefits

Question 2

Tricare

Answer 2

covers dependents of military personnel to receive treatment by civilian providers at the expense of the fed gov

Question 3

CHAMPVA

Answer 3

covers surviving spouses or children of veterans who died of service related injuries/ disabilities

Question 4

Medicaid

Answer 4

provides health insurance to med indigent ( people who do not qualify for other insurances or who costs of med expenses can threaten financial stability) through a cost sharing program between fed and state governments for those who meet the specific criteria

Question 5

managed care

Answer 5

plans that provides health care in return for pre scheduled payments and coordinated care through a network of providers and hospitals

Question 6

workers compensation

Answer 6

protects wage earners against loss of wages and cost of medical care resulting of a occupational accident or disease as long as employer is not deemed negligent