Unit 12 Intro to Health Insurance

Question 1

accident

Answer 1

unintentional bodily injury caused by an unforeseen event

Question 2

sickness

Answer 2

medical care not caused by an accident

Question 3

health insurance covered benefits

Answer 3

hospital and medical bills
loss of income - disability
dental bills
long-term care - medical and nonmedical expenses

Question 4

federal government health insurance

Answer 4

TRICARE - military
Veterans - former military
Medicare - primarily for senior citizens and Social Security disability
Medicaid
Social Security disability

Question 5

limited plans

Answer 5

limited benefits
limited perils - such as cancer or vision
notice - insured must be informed of the limited benefits

Question 6

limited benefit policies

Answer 6

accident only
dread disease
critical illness
hospital indemnity (pay flat rate to insured while hospitalized)
credit disability
blanket coverage
prescription drugs
vision
hearing
short-term medical expense plans

Question 7

health insurance common exclusions

Answer 7

intentional
war or act of war
elective cosmetic surgery
workers’ compensation
felony