
Unit 5 Insurance Terms
Flashcard
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
Wayground Content
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6 questions
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1.
FLASHCARD QUESTION
Front
The monthly payment to maintain insurance coverage
Back
Premium
2.
FLASHCARD QUESTION
Front
The amount you will pay before your insurance starts paying
Back
Deductible
3.
FLASHCARD QUESTION
Front
A fixed dollar amount that you will pay each time you receive medical treatment
Back
Copay
4.
FLASHCARD QUESTION
Front
The most you will spend on health care in a year before insurance covers everything
Back
Out of pocket maximum
5.
FLASHCARD QUESTION
Front
A percentage that you pay for medical care after meeting your deductible
Back
Coinsurance
6.
FLASHCARD QUESTION
Front
A formal request from the customer to an insurance company asking for a payment based on the terms of the insurance policy
Back
Claim
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