Reference no: EM133463151

Question

1. Which of the following best describes donut hole? Please choose all that apply.

After meeting a $250 deductibles and copay of 25% between $250 and $2,500, the elderly pay full price for prescription drug

None of the listed

The Affordable Care Act eliminated it in 2020

It is the Medicare PartD coverage gap.

2. What is Moral Hazard in Health Insurance? Please choose all that apply.

An insured person uses health services excessively because he is protected from cost

None of the listed

When people with health insurance take greater risks because they are insulated from the actual cost of care

A smoker will not quit smoking because his insurance coverage is comprehensive

3. The right to maintain health plan coverage up to 18 months after losing a job.

Blue Cross

Covered California

COBRA

Kaiser

None of the listed

4. Unlike the UK, Germany did not have a single major Landmark Legislative Reform to usher in Universal Health Care.

True

False

5. How do health insurers address the issue of Moral Hazard? Please choose all that apply.

Deductibles

None of the listed

Co-insurance

Co-payment