Test Your Insurance Knowledge

by admin

Welcome to your Test Your Insurance Knowledge

If your office visit is $100 and your coinsurance is 20% (and you’ve met your deductible but not your out-of-pocket maximum), your payment would be:

$25

$40

$20

$100

Which of the below is NOT a Qualifying Life Event?

Turning 25

Having a baby

Getting married

Change in spouse’s employment status

For the next three questions, match the plan description with the plan title.

Health Maintenance Organization (HMO)

You pay the full cost of care before reaching your deductible (excluding covered preventive care), and you can use this plan in conjunction with an HSA.

You’ll pay more in premiums, but maybe less at time of service. You can choose from a network of providers who offer a fixed copay.

Only in-network services are covered and paid for with copays and coinsurance. You need a referral to see a specialist.

Consumer Driven Health Plan/High Deductible Health Plan (CDHP/HDHP)

You pay the full cost of care before reaching your deductible (excluding covered preventive care), and you can use this plan in conjunction with an HSA.

You’ll pay more in premiums, but maybe less at time of service. You can choose from a network of providers who offer a fixed copay.

Only in-network services are covered and paid for with copays and coinsurance. You need a referral to see a specialist.

Preferred Provider Organization (PPO)

You pay the full cost of care before reaching your deductible (excluding covered preventive care), and you can use this plan in conjunction with an HSA.

You’ll pay more in premiums, but maybe less at time of service. You can choose from a network of providers who offer a fixed copay.

Only in-network services are covered and paid for with copays and coinsurance. You need a referral to see a specialist.

Which of these conditions is NOT good for a virtual visit?

Stomachache

Cold & flu

Sinus problems

Sprained ankle