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But I Paid My Premiums! Besides possibly paying the premiums for a medical insurance plan, the insured is almost always responsible for making other, out-of-pocket
But I Paid My Premiums! Besides possibly paying the premiums for a medical insurance plan, the insured is almost always responsible for making other, out-of-pocket payments. This practice helps keep overall costs down for both insureds and the insurance companies and ensures that insureds are informed about the costs of health care. For each of the following scenarios, select which type of other cost ar provision is illustrated. Skylar has had an illness and an a during the year. Her combined out-of-pocket expense for dents was $1,000. The ins now start to pay some of her medical ex penses. What does the $1,000 urance company represent? O Participation (co-insurance) O Deductible O Coordination of benefits O Internal limits Amy's been hospitalized for an illness. Her insurance company has started paying gowa of covered medical expenses. What does the 10% af expenses Amy will have to pay out of her pocket represent? O Coordination of benefits O Deductible O Participation (co-insurance) O Intemal limits Maya has standard, personal medical insurance. After a recent accident, she visited the emergency room. One of the questions on the admission form asked if the accident occurred atwork. O Deductible O Intemal limits O Participation (co-insurance) O Coordination of benefits But I Paid My Premiums! Besides possibly paying the premiums for a medical insurance plan, the insured is almost always responsible for making other, out-of-pocket payments. This practice helps keep overall costs down for both insureds and the insurance companies and ensures that insureds are informed about the costs of health care. For each of the following scenarios, select which type of other cost ar provision is illustrated. Skylar has had an illness and an a during the year. Her combined out-of-pocket expense for dents was $1,000. The ins now start to pay some of her medical ex penses. What does the $1,000 urance company represent? O Participation (co-insurance) O Deductible O Coordination of benefits O Internal limits Amy's been hospitalized for an illness. Her insurance company has started paying gowa of covered medical expenses. What does the 10% af expenses Amy will have to pay out of her pocket represent? O Coordination of benefits O Deductible O Participation (co-insurance) O Intemal limits Maya has standard, personal medical insurance. After a recent accident, she visited the emergency room. One of the questions on the admission form asked if the accident occurred atwork. O Deductible O Intemal limits O Participation (co-insurance) O Coordination of benefits
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