Free Exam: Employer Sponsored (Private)
Number of Questions in Test: 27
Number of Questions in Preview: 5
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A DEDUCTIBLE is the amount of money that the INSURED must pay before an insurance company will pay a claim
| Type: | True/False |
| Points: | 1 |
Question 2
A Coinsurance is the payment made by a beneficiary (especially for health services) in addition to that made by the insurer
| Type: | True/False |
| Points: | 1 |
Question 3
A Copayment is a payment made by a beneficiary (especially for health services) in addition to that made by the insurer
| Type: | True/False |
| Points: | 1 |
Question 4
A copayment is a set amount of money that you have to pay for each service.
| Type: | True/False |
| Points: | 1 |
Question 5
Coinsurance is the splitting or spreading of risk among multiple parties.
| Type: | True/False |
| Points: | 1 |