Ch 1: Reivew Test

Question 1

Financial protection against loss or harm is referred to as?

Answer 1

Insurance

Question 2

What does medical insurance narrow down “undesired events” to?

Answer 2

Illness and Injury

Question 3

Keeping a person well or catching and treating an emerging illness in its early stages is referred to as what?

Answer 3

Preventive medicine

Question 4

In what country did modern health insurance begin?

Answer 4

England (1850)

Question 5

In what year did modern health insurance begin?

Answer 5

1850 (England)

Question 6

Health insurance was “born” in the United States in 1920 with a plan that later became known as what?

Answer 6

Blue Cross

Question 7

Blue Cross and Blue Shield plans traditionally established premiums wherin everybody in the community paid the same premium, called ____?

Answer 7

Community rating

Question 8

A profound change in form from one stage to the next in life history of an organism is referred to scientifically as what?

Answer 8

Metamorphosis

Question 9

When did congress pass the Health Maintenance Organization (HMO) Act?

Answer 9

1973

Question 10

What type of insurance provides comprehensive major medical benefits and allows insured individual(s) to choose any provider when seeking medical care?

Answer 10

Indemnity insurance, also known as fee-for-service plan

Question 11

The government provides health insurance programs to specific groups, such as the elderly, the disabled, and people who qualify because their income is lower than what?

Answer 11

The federal poverty level

Question 12

When did the Affordable Care Act become fully implemented?

Answer 12

2014

Question 13

Under the Affordable Care Act, individuals who have not had health insurance for 6 months receive a subsidy allowing them to enroll in what?

Answer 13

High-risk insurance pools

Question 14

What contains protections for health coverage offered in connection with employment and for individual insurance policies sold by insurance companies?

Answer 14

HIPPA

Question 15

Experts believe that increasing healthcare costs are due to what?

Answer 15

• The “graying of America”
• Advances in medical technology
• More demand for healthcare

Question 16

Any system of healthcare that attempts to control or coordinate the use of healthcare to contain expenditures, improve quality, or both falls under what category?

Answer 16

Managed healthcare

Question 17

What new healthcare laws were enacted in 2010 that represent significant changes in America’s healthcare industry?

Answer 17

• Health Care and Education Reconciliation Act

- Patient Protection and Affordable Care Act

Question 18

Before the Affordable Care Act took effect, the estimated number of Americans who were without healthcare coverage numbered in the ____?

Answer 18

Millions

Question 19

What program provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance?

Answer 19

CHIP

Question 20

What are the two relatively new types of healthcare plans that provide additional options for coverage?

Answer 20

• Health Insurance Exchanges

- Accountable Care Organization

Question 21

What is insurance?

Answer 21

Financial protection against loss or harm

Question 22

Medical insurance defines illness and injury as what?

Answer 22

Undesired Events

Question 23

What is preventive medicine?

Answer 23

Keeping a person well or catching and treating an emerging illness in its early stages

Question 24

What health insurance event occurred in 1850 England?

Answer 24

The beginning of modern health insurance

Question 25

When was the healthcare plan, later known as Blue Cross, started?

Answer 25

1920 United States (Texas)

Question 26

What is community rating?

Answer 26

Everybody in the community pays the same premium

Question 27

What act did congress pass in 1973?

Answer 27

Health Maintenance Organization (HMO) Act

Question 28

What is indemnity, or fee-for-service insurance?

Answer 28

Provides comprehensive major medical benefits and allows insured individual(s) to choose any provider when seeking medical care

Question 29

What important act became fully implemented in 2014?

Answer 29

Affordable Care Act

Question 30

Under the Affordable Care Act, individuals can receive a subsidy allowing them to enroll in high-risk insurance pools if they have not had health insurance in how long?

Answer 30

6 months

Question 31

HIPPA contains protections for what?

Answer 31

Health coverage offered in connection with employment and for individual insurance policies sold by insurance companies?

Question 32

What is managed healthcare?

Answer 32

Any system of healthcare that attempts to control or coordinate the use of healthcare to contain expenditures, improve quality, or both

Question 33

What does the program CHIP provide?

Answer 33

CHIP provides insurance for qualifying children who are ineligible for Medicaid but cannot afford private insurance