Unit 7 Assignment - Completed

Pakodi

Which of the following statements regarding the Patient Protection and Affordable Care Act (ACA) is true?   Group of answer choices a. The ACA eliminates lifetime limits on total health care insurance payments by insurers. b. The ACA limits the total number of surgeries for the insurers. c. The ACA requires employers to reimburse the cost of hospital stays of the insured. d. The ACA decides the insurance payments for dependents. e. The ACA provides major medical insurance with low deductibles to protect against catastrophic illnesses.

Ronald started his new job as a comrolier with Aerosystems today Carole, the employee benefes clerk, gave Renaid a packet that contained information on the company's health insurance options. Aerosystems offers is employees the choice between a private Insurance compeny plan (Blue Cross or Blue Shield, an HMO, and a PPO Ronald needs to review the packet and make a decision on which health care program best fits his needs. The folowing is an overview of that information The monthly premium cost for Ronald for the Blue Cross or Blue Shield pren will be $48.32. For al doctor's office visits. prescriptions, and major medical charges, Ronald wil be responsible for 20 percent end the insurance company will cover 80 percent of the covered charges. The annual deductible is $500 b. The HMO is provided to employees free of charge. The copayment for doctors office visits and major medical charges is $30. Prescription copayments are $5. The HMD pays 100 percent after Ronald's copayment. There is…

Which is Idemenity Plan and which is Managed Care Plan? Insureds create contract with an insurer who does not provide health care services       The higher the deductible, the lower the premium       Insured receive health care services from a designated group of providers       May not even involve an insurance company       No annual deduction is incurred, but a small co-payment may be required I most value the freedom of choice and am willing to pay for it.       Cost is my most important consideration.       I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider.

Suppose health-care reform Y makes it unlawful for insurance companies to deny insurance to persons with a preexisting disease and sets a fine for those people who do not buy insurance.  It follows that if the fine is   a.  larger than the benefits derived from not buying insurance right away, then people will not buy the insurance and pay the fine.     b.  smaller than the benefits derived from not buying the insurance right away, then people will not buy the insurance and pay the fine.     c.  There is not enough information provided to answer this question.     d.  larger than the benefits derived from not buying insurance right away, then people will buy the insurance right away and not pay the fine.

Vijay

A "waiver-of-premium” clause: Select one: a. allows the person to purchase additional insurance at no extra cost means the insured will receive the cash value immediately allows an insurance agent to pay your premiums b. C. O d. waives the suicide clause e. pays premiums in the event of illness or disability Clear my choice

The best strategy for health insurance coverage is to purchase a comprehensive policy. Of the following, which additional coverage should you not buy if it is not provided at work or in your individual policy? ○ Accident Terminal Disease O Dental O Eyewear O You should not buy any of the above

110

The main selling point(s) of managed care is (are) what? ☐ 1) Reduce the cost of care. 2) Raise or maintain the quality of care 3) Help employer select healthier employees in the insurance pool. ○ 4) A & B ☐ 5) B & C ○ 6) A & C

Please add a source to the question. If you do want to elect COBRA coverage, what are some important considerations to make sure your health insurance coverage is not interrupted?

Baghiben

The risk of patients not paying their account balances resulting in bad debt expense is a reality today.  This risk is greater as employers increase out-of-pocket maximums, deductibles, and co-pays as part of their medical insurance plans.  Research and discuss some best practices healthcare organizations are using today to improve their patient liability or balance due collection process.

DIRECTIONS Your group must work together to create a presentation on renter's insurance. You can develop an informational presentation (providing facts and details about renter's insurance) or a persuasive presentation (convincing someone to buy renter's insurance). Use the internet, information from the student textbook (Chapter 9, Lesson 3), or other resources (like contacting a local insurance agent) for your presentation. Your presentation must include these items: 1. The following terms: » Deductible >> Replacement cost » Actual cash value » Depreciation » Personal injury » Liability >> Property damage » Inventory 2. References to a minimum of two statistics 3. Visual aid 4. Case study or scenario from your research R FOUNDATIONS IN PERSONAL FINANCE Renter's Risk CHAPTER 9, LESSON 3 PAGE 1 OF 2 5. An additional scenario that you create and present to the class referencing specific information in the policy, such as: Jim's apartment was broken into, and the thieves stole his TV,…

Ronald started his new job as a controller with Aerosystems today. Carole, the employee benefits clerk, gave Ronald a packet that contained information on the company's health insurance options. Aerosystems offers its employees the choice between a private insurance company plan (Blue Cross or Blue Shield), an HMO, and a PPO. Ronald needs to review the packet and make a decision on which health care program best fits his needs. The following is an overview of that information. a. The monthly premium cost for Ronald for the Blue Cross or Blue Shield plan will be $51.28. For all doctor's office visits, prescriptions, and major medical charges, Ronald will be responsible for 20 percent and the insurance company will cover 80 percent of the covered charges. The annual deductible is $500. b. The HMO is provided to employees free of charge. The copayment for doctors' office visits and major medical charges is $15. Prescription copayments are $10. The HMO pays 100 percent after Ronald's…

1 Rachel is applying for a participating whole life insurance policy and is yet to choose a divided payment option. She would like to know about the accumulation option. Which of the following information about the accumulation option is FALSE? eFhHRIhxROZCNVINSZFWWnViblAwQT09 a. O Rachel will be required to make minimum yearly withdrawals from the accumulation account.

Can you please check my answer

Indicate whether the statement is true or false, and justify your answer.In the 2010 American health reform law, one primary mechanism for financing the expansion of health insurance to the uninsured involves reducing planned Medicare expenditures.