Medical Insurance Fundamentals Pharmacy Insurance Fundamentals Commercial Insurance Medicare Medicaid
100
A) The facility charges for the hospital will be covered at the "in network rate"

This is one of the most common "gotchas" our members experience.
If you receive inpatient care at a hospital that participates in your health plan’s provider network, which of the following will always be true:

A) The facility charges for the hospital will be covered at the "in network rate,"
B) Charges for the doctors you see while you’re in the hospital will also be covered at the "in network rate"
C) Both of these statements
100
C) The list of prescription drugs your health plan will cover
Which of the following best describes a “health insurance formulary?"

A) The form you send to your insurance company when you need to have a pharmacy bill paid
B) The name for permission you must get from your insurance company before medicine will be covered
C) The list of prescription drugs your health plan will cover
D) The list of prescription drugs for which your health plan receives rebates
100
A) The hospitals and doctors that contract with your health plan to provide services for an agreed-upon rate or fee schedule
Which of the following best describes a Commercial health plan “provider network?"
A) The hospitals and doctors that contract with your health plan to provide services for an agreed-upon rate or fee schedule
B) The payment system doctors and hospitals use to submit bills to insurance companies
C) The hospitals and doctors that are co-owned and operated by a shared legal entity
D) A website where consumers can find information about the best doctors.
100
D) Routine physical exams. Medicare covers "Annual wellness visits," but "routine physicals" (which provide slightly different services) are not covered. The confusion between an annual wellness exam vs. annual physical exam can create member dissatisfaction and reimbursement headaches.
Which of the following is NOT covered by Medicare Parts A&B?
A) Hospitalizations
B) Mental Health Services
C) Nutrition Therapy Services
D) Routine physical exams
100
C) States design their own Medicaid programs within federal rules, and work with health plans to administer.

States pay Medicaid managed care organizations (run by organizations like HealthPartners) an agreed upon amount for the Medicaid services specified in their contracts
Which of the following best describes the way that Medicaid coverage is administered?
A) Medicaid coverage is administered directly by the federal government
B) Medicaid coverage is designed and administered by health plans, and regulated by the 50 states
C) States design their own Medicaid programs within federal rules, and work with health plans to administer






Know Your Business Jeopardy! Health Plan

Press F11 for full screen mode



Limited time offer: Membership 25% off


Clone | Edit | Download / Play Offline