Chapter 11 – Health, Disability, and Long-Term Care Insurance
114. (p. 369) Hospital insurance (Part A) of Medicare is financed from part of the ____________
tax.
115. (p. 372) Medigap is sold or serviced by:
116. (p. 368) Which one of the following is a correct statement about the nation’s health care
system?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
117. (p. 369) Which one of the following is a source of government health insurance?
118. (p. 372) Which one of the following is a source of government health insurance?
119. (p. 369) Jose Gonzales just turned 65 this year. He should apply for Medicare benefits at a
local:
Chapter 11 – Health, Disability, and Long-Term Care Insurance
120. (p. 369) Hospital insurance is which part of Medicare?
121. (p. 369) Medical insurance is which part of Medicare?
122. (p. 369) The hospital insurance portion of Medicare helps pay for:
Chapter 11 – Health, Disability, and Long-Term Care Insurance
123. (p. 369) Medicare medical insurance helps pay for:
124. (p. 369) Medicare medical insurance is:
125. (p. 372) Who sells and services Medigap insurance?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
126. (p. 369-372) Which of the following statements is correct about Medicaid?
127. (p. 376) Which type of insurance provides for the partial replacement of income lost by
employees as a result of an accident or illness?
128. (p. 376) Because you are young and healthy now, you may overlook the very real need for
which type of insurance?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
129. (p. 377) The definition of disability:
130. (p. 377) Good disability plans pay when you are:
131. (p. 377) With disability income insurance, benefits usually begin:
Chapter 11 – Health, Disability, and Long-Term Care Insurance
132. (p. 377) The waiting period in disability income insurance is called ____________ period.
133. (p. 377) Generally, disability income policies with longer waiting periods:
134. (p. 378) In most employer-sponsored disability income insurance plans:
Chapter 11 – Health, Disability, and Long-Term Care Insurance
135. (p. 379) Most insurers limit disability benefits from all sources of insurance to no more than
____________ percent of your take-home pay.
136. (p. 378) John Gleason is permanently disabled while on the job. Which of the following is
the most likely source of disability income for John?
137. (p. 354) Group health insurance does which one of the following?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
138. (p. 351-352) Which of the following is not a way that you can reduce your personal health
care cost?
139. (p. 350) In 2009, the largest percentage of U.S. health care dollars was spent on:
140. (p. 366) What should you do when an HMO denies treatment or coverage?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
141. (p. 374) Which of the following is not a key provision of the Patient Protection and
Affordable Care Act of 2010?
142. (p. 357) Renee Crowgy’s policy includes a $500 deductible and a coinsurance provision
requiring her to pay 20 percent thereafter. Her medical bills total $5,500. What amount is she
required to pay personally?
143. (p. 350-351) Why are the costs of health insurance and health care increasing?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
144. (p. 353) What is the importance of health insurance and disability insurance in personal
financial planning?
145. (p. 356-357) What are the five basic types of health insurance? What are their benefits and
limitations?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
146. (p. 364-367) Identify the main private sources of health care insurance.
147. (p. 368-372) What are the primary sources of government health care insurance?
148. (p. 376) What is disability income insurance? What are the major sources of disability
income insurance?
Chapter 11 – Health, Disability, and Long-Term Care Insurance
149. (p. 351-352) What are some things that you can do to reduce your personal health care costs?