SOLVED

21) In which plan do employees possess the option to receive care from health care providers outside the designated network of physicians, paying more for the choice? A) fee-for-service plans B) preferred provider organizations C) HMOs D) point-of-service plans 22) Which of the following types of insurance plans are set up to cover things like dental care, vision care, and prescription drugs? A) flexible savings plans B) flexible services accounts C) carve-out plans D) health services accounts 23) Marty’s employer has a prescription drug plan that will only make him pay 20% of cost of his prescription if he goes only to certain pharmacies. What type of prescription drug plan does he have? A) prescription reimbursement plan B) medical reimbursement plan C) mail order prescription drug plan D) prescription card program 24) Mia has Parkinson’s disease but is on an insurance plan that enables her to have the drugs shipped to her house. She is probably on which type of prescription drug plan? A) prescription card program B) formulary C) mail order D) medical reimbursement 25) What percentage of Americans experience some form of mental illness at least once during their lifetime? A) 50% B) 45% C) 20% D) 10% 26) Jose invested $6,000 in pre-tax income into this healthcare plan but lost the $780 left in it at the end of the year because he didn’t use it. What type of plan was it? A) health savings account B) flexible spending account C) health reimbursement arrangement D) fee-for service plan 27) 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. A) flexible spending accounts B) health reimbursement arrangements C) health savings accounts D) flexible savings accounts 28) This type of consumer driven health care program allows employees to carry-over the unused funds still in their account. A) health reimbursement account B) health savings account C) flexible spending account D) flexible savings account 29) Starting January 1, 2004, eligible individuals are allowed to establish HSAs under which law? A) Health Maintenance Organization Act B) Mental Health Parity Act C) Medicare Prescription Drug, Improvement and Modernization Act D) HIPAA 30) Which one of the following is probably the main reason that health reimbursement accounts (HRAs) are particularly appealing to employees with relatively low salaries or hourly wages? A) the contribution of employees is on a pretax basis B) employees do not contribute to them C) employees forfeit unused balances present at the end of a year D) permits employees to carry unused balances from year to year