1. A point-of-service plan is best described as a managed care plan that:

Combines HMO features with the option to use out-of-network providers at higher cost

A POS plan blends HMO-style network care with the option to go out-of-network at a higher out-of-pocket cost.

2. A traditional indemnity or fee-for-service health plan generally:

Reimburses for covered services and lets the insured choose providers

Traditional indemnity plans reimburse covered services and generally let the insured choose any provider.

3. Basic hospital expense coverage typically pays for:

Hospital room and board and miscellaneous hospital charges up to stated limits

Basic hospital expense coverage pays hospital room, board, and miscellaneous charges up to stated limits, usually with no deductible.

4. A distinguishing feature of major medical coverage compared with basic plans is:

High maximum limits with a deductible and coinsurance for a broad range of expenses

Major medical coverage provides high limits for a broad range of expenses, typically subject to a deductible and coinsurance.