Question

69) A policy that pays you back for actual expenses is called A) An indemnity plan. B) A deductible plan. C) A reasonable and customary plan. D) A reimbursement plan. E) A coinsurance plan m The set amount that you must pay toward medical expenses before the insurance company pays benefits is called A) Deductible. B) Reimbursement C) Indemnity. D) Internal limit. E) Reasonable and customary charges. 71) Which of the following is a government health care program? A) Health maintenance organization (HMO) B) Preferred provider organization (PPO) C) Home health care agency D) Medicare E) Hospital and medical service plan 72) This type of plan combines features of HMOs and PPOs. It uses a network of participating physicians and medical professionals who have contracted to provide services for certain fees. A) Hospital and medical service plan B) Home health care agency C) Point-of-service (POS) plan D) Medicare E) Public insurance company 73) 73) Jack needs comprehensive medical coverage. However, his income is very low. What plan should he investigate? A) Medicare Part B B) Medigap Medicare Part A D) Medicaid E) Medicare Part C

Answer 1

Hi,

As per policy, we will solve only top most question here.

69) A health insurance policy that pays you back for actual expenses is called indemnity plan.

In insurance policy deductible is the amount paid by policy holder.

Hence option A indemnity plan is correct option here.

Thanks