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Quiz 2 Wk 6

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Quiz 2 Wk 6
Question 1
1.
Companies can choose from which four classes of health insurance programs?

Fee-for-service, managed care, point-of-service, consumer-driven health care

Indemnity, health savings accounts, managed care, fee-for-service

Point-of-service, fee-for-service, indemnity, managed care

Self-funded, managed care, fee-for-service, point-of-service
0.2 points
Question 2
1.
Companies must offer HMOs if they are subject to the minimum wage provisions of FSLA.
True
False
0.2 points
Question 3
1.
What are the three common forms of managed care plans?

Individual practice organizations, point-of-service plans, health maintenance organizations

Health maintenance organizations, preferred provider organizations, point-of-service plans

Preferred provider organizations, point-of-service plans, individual practice organizations

Preferred provider organizations, health maintenance organizations, individual practice organizations
0.2 points
Question 4
1.
Single employees pay a larger percentage of their health care premium than employees with family coverage pay.
True
False p 137
0.2 points
Question 5
1.
This consumer-driven health care option allows employees to contribute pre-tax wages annually to pay for qualified medical expenses, but they will lose the balance not used at year's end.

Flexible spending accounts

Health reimbursement arrangements

Health savings accounts

Flexible savings accounts
0.2 points
Question 6
1.
Employee costs for health care services tend to be least with managed care plans, higher costs are associated with the consumer driven health plans and even higher costs are associated with fee-for-service plans
True
False p. 144 tricky because even higher are customer driven
0.2 points
Question 7
P 146
1.
Fee-for-service plans pay expenses according to a schedule of usual, customary and reasonable charges.
True
False It’s POSp. 145
0.2

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