Health Science II Healthcare Finances Key Terms

Question 1

A precentage of the bill that the policy holder must pay

Accepted Answer

co-insurance

Question 2

Periodic amount paid by the insured to the insurance company for healthcare&perscription drugs

Accepted Answer

Premium

Question 3

For profit agencies provide services to make money

Accepted Answer

True

Question 4

The specified amount paid by the patient before insurance will start paying for any services

Accepted Answer

Deductible

Question 5

Services that are able to be performed outside the hospital setting

Accepted Answer

Outpatient

Question 6

A private insurace that assist with medical costs not covered by medicare

Accepted Answer

Medigap

Question 7

Governement healthcare insurance for people over the age of 65

Accepted Answer

Medicare

Question 8

Health insurance for anyone who has served in the military

Accepted Answer

Veterans Health Administration

Question 9

The amount paid toward the pateint for covered healthcare costs

Accepted Answer

Reimbursement

Question 10

A specified amount paid by the patient for a medical services, doctor visits, or prescriptions

Accepted Answer

co-payment

Question 11

Health insurance plan where the state and the employer pay for worker's injured on the job

Accepted Answer

Worker's Compensation

Question 12

A reduced rate plan for using specific group of healthcare providers

Accepted Answer

PPO

Question 13

Governement plan for the low income children and disabled persons

Accepted Answer

Medicaid

Question 14

Healthcare plan for military survivors, retired military, or active military & their families

Accepted Answer

Tricare

Question 15

Insurance that focuses on prevention and only being able to see appoved provider

Accepted Answer

HMO

Question 16

Methods used to keep healthcare cost down

Accepted Answer

Cost Containment

Question 17

Medical bill that is not covered by insurance and must be paid by patient

Accepted Answer

Out of pocket

Question 18

Healthcare provided via technology is considered:

Accepted Answer

Telemedicine

Question 19

The employee insurance cost is shared by the employee and employer

Accepted Answer

Group plan

Question 20

Classification of diagnoses into groups used to determine Medicare payment to providers

Accepted Answer

DRG's

Question 21

Care provided in the hospital

Accepted Answer

Inpatient

Question 22

Private insurance is healthcare coverage bought through companies like Blue Cross Blue Sheild

Accepted Answer

True

Question 23

Agencies supported by taxes

Accepted Answer

Government Agenices

Question 24

In this plan the insured person pays the entire cost of the premium.

Accepted Answer

Individual Plan

Question 25

Managed care is a healthcare system designed to increase cost of healthcare

Accepted Answer

False

Question 26

Health Information Management systems manage personal info by healthcare agency

Accepted Answer

True

Question 27

An insurance plan with freedom to see various providers

Accepted Answer

Indemnity Plan

Question 28

Preventative care focuses only on going to get healthcare when absolutely necessary.

Accepted Answer

False

Health Science II Healthcare Finances Key Terms

Questions 28

Health Science II Healthcare Finances Key Terms

Questions 28