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HMOs, PPOs, EPOs: It's health insurance 101!
by Staff
Finding the right health insurance coverage for your family can be daunting. There are so many options -- and prices for each option -- it's not something to take lightly. And you need to understand your family's needs before you decide on a plan. Think those chemistry tests in high school were bad? See how you do on our health insurance quiz!

Which of the following explains coinsurance?

  • a couple belonging to one plan
  • your company paying a portion of your insurance costs
  • being required to pay a percentage of all health costs
  • none of the above

True or false: Medicaid is only for the very poor or disabled.

  • true
  • false

True or false: If you don't have health insurance, you must pay the full, billed price.

  • true
  • false

True or false: Choosing a health insurance plan with the lowest deductible is the best option.

  • true
  • false

Which of the following is true of the government's health care reform?

  • everyone will be insured
  • pre-existing conditions will no longer be relevant
  • the plan will not begin until 2014
  • all of the above

True or false: An employee plan is the only way you can benefit from a group discount.

  • true
  • false

Which of the following will vary from plan to plan?

  • copay amount
  • network to choose from
  • deductible amount
  • all of the above

Which of the following is a definite benefit of an employee plan?

  • dental coverage
  • dependent coverage
  • group discount
  • employer pays a portion of cost

True or false: Catastrophic insurance is the cheapest and best plan for a family.

  • true
  • false

True or false: The cheapest plan isn't always the one with the lowest monthly cost.

  • true
  • false

Which of the following must insurance companies cover?

  • prescription drugs
  • children
  • mental health services
  • none of the above

True or false: A dependent can leave a parent's insurance and then return to it.

  • true
  • false

True or false: If you leave your employer, you can remain on your employer's insurance plan for up to a year and a half.

  • true
  • false

True or false: All health insurance policies cover maternity costs.

  • true
  • false

Which of the following may not be covered under your insurance plan?

  • dental insurance
  • mental health services
  • vision insurance
  • all of the above

Until what age can you cover your dependent?

  • 21
  • 23
  • 26
  • It depends

What percent of your out of network costs does a PPO plan usually cover?

  • 0 percent
  • 100 percent
  • 50 percent
  • 70 percent

True or false: If you cannot afford an HMO or PPO, you have no other option for affordable health insurance.

  • true
  • false

True or false: As long as you have a referral, an HMO will cover your care at any specialist you choose.

  • true
  • false

Which of the following health insurance plans are best for someone who travels frequently?

  • HMO
  • PPO
  • EPO
  • none of the above