by alex
Understanding health insurance can be a crucial aspect of managing your personal finances and ensuring you have access to necessary medical care. This quiz will challenge your knowledge on various facets of health insurance, including types of plans, benefits, and key terminology. Get ready to test your understanding and learn something new!
Health Insurance Quiz Questions Overview
1. What is a premium in health insurance?
A one-time payment for a specific treatment
A regular payment to keep the insurance active
A payment made when you visit a doctor
A payment for prescription drugs
2. What does the term ‘deductible’ refer to in health insurance?
The amount the insurance company pays for your care
The amount you pay for a doctor’s visit
The amount you pay out-of-pocket before insurance covers costs
The amount you pay for prescription drugs
3. Which of the following is NOT a type of health insurance plan?
HMO
PPO
EPO
DPO
4. What does ‘HMO’ stand for?
Health Maintenance Organization
Health Management Organization
Health Marketing Organization
Health Membership Organization
5. What is a copayment (copay)?
A percentage of the total bill
A fixed amount you pay for a covered service
The total amount you pay for insurance
The amount you pay for a prescription drug
6. What does ‘PPO’ stand for?
Preferred Provider Organization
Primary Provider Organization
Patient Provider Organization
Premium Provider Organization
7. What is an out-of-pocket maximum?
The maximum amount your insurance will pay for your care
The maximum amount you will pay for covered services in a year
The maximum amount you pay for a single doctor’s visit
The maximum amount you pay for prescription drugs
8. What is a network in terms of health insurance?
A group of doctors and hospitals that provide care to members
A type of health insurance plan
A payment method for health insurance
A government health program
9. What is coinsurance?
A fixed amount you pay for a covered service
A percentage of the cost of a covered service you pay after your deductible is met
The total amount you pay for insurance
The amount you pay for a prescription drug
10. What does ‘EPO’ stand for?
Exclusive Provider Organization
Essential Provider Organization
Emergency Provider Organization
Enhanced Provider Organization
