Question: Name The Combination Of Moral Hazard And Provider Induced Demand: Keeps Health Care Costs Low Increases Health Care Costs Are Examples Of Cost Sharing Provides Desirable Health Care Outcomes When Health Insurance Policies Are Issued At The Same Price Regardless Of A Person’s Health Condition, We Call This: Unfair A Health Savings Account Moral Hazard …

Name

The combination of moral hazard andprovider induced demand:

1. Keeps health care costs low
2. Increases health care costs
3. Are examples of cost sharing
4. Provides desirable health care outcomes

When health insurance policies areissued at the same price regardless of a person’s health condition,we call this:

1. Unfair
2. A health savings account
3. Moral Hazard
4. Community rating

Which of the following is the bestdefinition of the term health plan premium:

1. The best type of health insurance you can buy
2. The amount health plan companies charge each month forcoverage
3. A bonus you receive at the end of the year if you staycovered
4. A gold standard plan

What is the best definition of ahealth plan deductible:

1. The amount that is deducted from your paycheck each year to payfor your policy
2. The amount of health expenses that you can deduct from incomeon your yearly tax return
3. The amount of health care expenses that you must pay on yourown each year before your health plan coverage takes effect
4. It is part of a Health Savings Account

Suppose that under your healthinsurance policy, hospital expenses are subject to a $1,000deductible and $250 per day copay. You get sick and arehospitalized for 4 days, and the bill (after insurance discountsare applied) comes to $6,000. How much of that hospital bill willyou have to pay yourself:

1. $0
2. $1,000
3. $2,000
4. $4,000

A fixed amount of money that one paysfor a health care service is known as:

1. Co-Insurance
2. A Deductible
3. Co-Payment
4. A Premium

Which of the following best describesthe “annual out-of-pocket limit” under a health plan policy:

1. The most you will have to pay in deductibles, copays, andcoinsurance for covered care received in network for the year
2. The most your insurance policy will pay for covered services ina year
3. It is the same on all health plans
4. The most you will have to pay for premiums in a year

             What term best describes a health plan “provider network:

1. The hospitals and doctors that contract with your health planto provide services for an agreed-upon rate or fee schedule
2. The computer system doctors and hospitals use to submit billsto insurance companies
3. A website where consumers can find information about the bestdoctors
4. A system that will provide prices for health services