Health Insurance

Insurance and Health Care Terms

Flashcard
•
Mathematics
•
12th Grade
•
Hard
Melissa Ellis
FREE Resource
Student preview

10 questions
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1.
FLASHCARD QUESTION
Front
Back
Coverage for an individual’s (or family‘s) medical expenses from illness or injury.
2.
FLASHCARD QUESTION
Front
Affordable Care Act (ACA)
Back
Also known as Obamacare; the health care reform law enacted in 2010, intended to make affordable health insurance more available.
3.
FLASHCARD QUESTION
Front
Subsidizing
Back
The practice of employers paying for a portion of their employees‘ insurance premiums.
4.
FLASHCARD QUESTION
Front
Health Insurance Marketplace
Back
A platform where individuals, families, and small businesses can compare health insurance plans.
5.
FLASHCARD QUESTION
Front
High-Deductible Health Plan (HDHP)
Back
A health plan with a high minimum deductible for medical expenses.
6.
FLASHCARD QUESTION
Front
Health Savings Account (HSA)
Back
A tax-exempt savings account dedicated to health care costs; only available for individuals on a high-deductible health plan (HDHP).
7.
FLASHCARD QUESTION
Front
Lifetime Limit
Back
The maximum amount of lifetime benefits a person can receive from their insurance company.
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