Chapter 9 - Chapter 9 Review Questions True/False 1. 2. 3....

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Chapter 9 Review Questions True/False 1. The government pays for more medical costs for Americans than does private health insurance. 2. Medicare and Medicaid are hospital and physicians coverage, respectively. 3. Hospital insurance will pay daily room and board charges up to a specified number of days and reimbursement for ancillary charges up to a specified dollar amount. 4. Hospital insurance policies will pay for all hospital expenditures most of the time. 5. In insurance terminology, “participation” and “coinsurance” mean the same thing. 6. The major emphasis of dental insurance is to cover only extractions and x-rays. 7. Health insurance policies automatically cover all family members. 8. Long-term care insurance can cover both nursing home and home health care. 9. An “any occ” definition of disability is more liberal that an “own occ” definition. 10. Generally, insurance is more reasonably priced through group plans than as individual policies. Multiple Choice 1. The largest portion of health care costs pay for a. hospital expenses. d. nursing home costs. b.
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This note was uploaded on 08/28/2009 for the course BUS ACG2021 taught by Professor Yost during the Spring '08 term at W. Florida.

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Chapter 9 - Chapter 9 Review Questions True/False 1. 2. 3....

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