Insurance (Health, Life, Disability)

If your auto insurance has a deductible of $1,000 and you get into an accident that causes $5,000 in damage to your car, the insurance company will pay (a)   .

• $1,000
• $4,000
• $5,000
• $0

If you have a health insurance policy with a $2000 deductible and you incur $10,000 in medical expenses, how much will you have to pay out-of-pocket assuming all expenses are covered and there are no co-payments or other deductibles? (a)  

• $2,000
• $8,000
• $10,000
• $0

If your health insurance plan has a $500 deductible, how much will you have to pay out-of-pocket before your insurance starts to cover your medical expenses? (a)  

• $0
• $250
• $500
• $1000

Which type of health insurance provides income replacement if an individual experiences a long-term illness or injury?

• Vision Care Insurance

• Basic Health Insurance

• Major Medical Insurance

• Long-Term Disability Insurance

What type of health insurance covers hospital care, surgery, and physicians care?

• Dental Care Insurance

• Vision Care Insurance

• Major Medical Insurance

• Basic Health Insurance

What is the purpose of health insurance?

• To prevent diseases

• To limit access to medical treatment

• To protect against financial risks

• To increase medical costs

What type of health insurance covers eye and vision care?

• Dental Care Insurance

• Basic Health Insurance

• Vision Care Insurance

• Major Medical Insurance

Match the following

• Preferred provider Organization

• PPO

• Health Maintenance

  Organization

• Deductible

• Amount of money you're responsible for BEFORE insurance pays

• HMO

Sam isn't feeling well today. He decides to go to a walk-in urgent care clinic after work. How much will this cost?

• $15

• $150

• $50

• $0

Robbie broke his arm. How much would the copay cost him for a doctor's appointment?

• $25

• $40

• $65

• Information not found on card