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- Life, Accident & Health
- Medical Plans
Free Medical Plans Practice Questions
Minnesota Life, Accident & Health exam — 24 practice questions.
Subtopics: Point of service plan, Gatekeeper, Formulary, Flexible spending account, Basic versus major medical, Health reimbursement arrangement, Capitation, Exclusive provider organization, Types, Cost sharing, Cost containment, Point-of-service plan, Health savings account, Precertification, Basic hospital expense, Major medical
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Sample questions & answers
1. A point of service (POS) plan combines features of which two arrangements?
An HMO and a PPO
A POS plan blends HMO and PPO features, letting members choose in-network coordinated care or out-of-network care at higher cost.
2. In a managed care plan the primary care physician who coordinates referrals is often called the what?
The gatekeeper
The primary care physician who manages and authorizes referrals to specialists is commonly called the gatekeeper.
3. A health plan's formulary is best described as what?
A list of preferred covered prescription drugs
A formulary is the plan's list of preferred covered prescription drugs, which can affect the member's cost for medications.
4. A health flexible spending account (FSA) generally allows an employee to do what?
Set aside pretax dollars for qualified medical expenses
An FSA lets an employee set aside pretax dollars to pay for qualified medical expenses during the plan year.
All Life, Accident & Health topics
Practice: Medical Plans
Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored
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Practice questions are study aids generated for exam preparation and are not actual exam
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