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Test Bank For Beik-s Health Insurance Today, 8th Edition by Julie Pepper Copyright 2025 Chapter 1-18
Test Bank For Beik-s Health Insurance Today, 8th Edition by Julie Pepper Copyright 2025 Chapter 1-18
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Test Bank ForBeik's Health Insurance Today, 8th Edition 2025 Julie Pepper
Chapter 1-18
Chapter 01: The Origins of Health Insurance
Beik: Health Insurance Today: A Practical Approach, 8th Edition
MULTIPLE CHOICE
1. The business of protecting, through legal means, a person or property against loss or harm
is referred to as
a. prevention.
b. insurance.
c. a contract.
d. preclusion.
ANS: B TOP: What is Insurance?
2. Health insurance narrows down undesirable events to
a. illnesses and injuries.
b. automobile accidents.
c. preventive illnesses.
d. preexisting conditions.
ANS: A TOP: What is Insurance?
3. Securitas is the Latin term for
a. services.
b. specialist.
c. security.
d. success.
ANS: C TOP: History
4. In the United States, the ―birth‖ of health insurance occurred in
a. 1889.
b. 1900.
c. 1915.
d. 1929.
ANS: D TOP: History
5. The federal healthcare program for the elderly and certain qualifying others is
a. Medicare.
b. Medicaid.
c. Blue Cross.
d. health maintenance.
ANS: A TOP: Metamorphosis of Health Insurance
, 6. The combined federal and state healthcare program for indigent and low-income
individuals is
a. Medicare.
b. Medicaid.
c. Blue Cross.
d. health maintenance.
ANS: B TOP: Metamorphosis of Health Insurance
7. One of the healthcare laws enacted in 2010 that brought major changes to how Americans
can get access to healthcare more easily is the
a. Health Insurance Portability and Accountability Act (HIPAA).
b. Health Maintenance Organization (HMO) Act.
c. Patient Protection and Affordable Care Act (PPACA).
d. Consolidated Omnibus Budget Reconciliation Act (COBRA).
ANS: C TOP: Metamorphosis of Health Insurance
8. Congress passed the Health Maintenance Organization Act in
a. 1950.
b. 1965.
c. 1973.
d. 1987.
ANS: C TOP: Metamorphosis of Health Insurance
9. Factors listed in the text that drive healthcare issues include all of the following except
a. regulating managed care plans.
b. expanding access for uninsured Americans.
c. increasing genetic testing.
d. stabilizing emergency services.
ANS: C TOP: Key Health Insurance Issues
10. Many employed individuals obtain healthcare coverage through a/an
a. group plan.
b. individual policy.
c. government-sponsored program.
d. guaranteed insurance pool.
ANS: A TOP: Access to Health Insurance
11. A set of government-regulated, standardized plans eligible for federal subsidies from
which individuals can purchase low-cost health insurance.
a. COBRA plans
b. Health insurance exchanges
c. Indemnity plans
d. Managed care plans
ANS: B TOP: Patient Protection and Affordable Care Act
,12. The acronym for the congressional act that standardized electronic data interchange and
enhanced confidentiality and security of patient information as well as other health-related
matters is
a. AMA.
b. COBRA.
c. HIPAA.
d. EMTLA.
ANS: C TOP: Health Insurance Portability and Accountability Act
13. The situation in which patients pay a certain portion of healthcare costs (e.g., deductible
and copayment) is called
a. cost-sharing.
b. equalizing.
c. standardizing.
d. community rating.
ANS: A TOP: Cost-sharing
14. A system of healthcare payment or delivery arrangements in which the plan attempts to
control the use of services by its enrolled members to contain expenditures and/or improve
quality.
a. Managed healthcare
b. Fee-for-service
c. Health insurance exchange
d. Indemnity insurance
ANS: A TOP: Basic Health Insurance Plans
15. Fee-for-service healthcare plans are also referred to as
a. managed care.
b. preventive plans.
c. indemnity insurance.
d. health maintenance organizations.
ANS: C TOP: Basic Health Insurance Plans
16. The Patient Protection and Affordable Care Act was passed in
a. 1999.
b. 2005.
c. 2008.
d. 2010.
ANS: D TOP: Metamorphosis of Health Insurance
17. The ―graying of America‖ refers to those who
a. are 65 years of age or older.
b. work in ―blue collar‖ jobs.
c. do not have a high school diploma.
d. are not American citizens.
ANS: A TOP: Americans Are Living Longer Than Ever Before
, 18. Which of the following is not a provision of HIPAA?
a. Allows portability of health insurance coverage
b. Protects workers and their families from preexisting conditions
c. Establishes national standards for electronic healthcare
d. Addresses the high cost of health insurance
ANS: D TOP: Health Insurance Portability and Accountability Act
19. The program that provides insurance for qualifying children who are ineligible for
Medicaid but cannot afford private insurance is called
a. CHIP.
b. COBRA.
c. ARRA.
d. HIPAA.
ANS: A TOP: State Programs for the Uninsured
20. Recent healthcare reform has introduced two new types of healthcare plans that the text
mentions are ―on the horizon‖ are
a. Medicare and Medicaid.
b. Health Insurance Exchanges and Accountable Care Organizations.
c. SCHIP and COBRA.
d. HMOs and HIPAA.
ANS: B TOP: Basic Health Insurance Plans
COMPLETION
1. The amount of money an individual pays in return for health insurance coverage is called
a/an ____________________.
ANS: premium
TOP: What is Health Insurance?
2. The transformation of health insurance from what it was in the beginning to what we know
it to be today can be compared with an organic process referred to as __________.
ANS: metamorphosis
TOP: Metamorphosis of Health Insurance
3. In 1850, the Franklin Health Assurance Company began offering medical expense
coverage, similar to today’s health insurance, in the state of ____________________.
ANS: Massachusetts
TOP: History
4. The out-of-pocket expense that patients must pay before insurers begin paying benefits is
called a/an ____________________.
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