To cover medical expenses incurred during illness or injury.

To provide financial assistance for preventive care and checkups.

To offer long-term care and nursing home expenses.

To cover dental and vision expenses.

A premium is the monthly payment made to the insurance company, while a deductible is the amount you pay out-of-pocket before the insurance coverage kicks in.

A premium is the total amount you pay for your health insurance coverage, while a deductible is the amount you pay for each medical service.

A premium is the amount you pay to your doctor or hospital, while a deductible is the amount you pay to your insurance company.

A premium is the amount you pay for your prescription drugs, while a deductible is the amount you pay for your doctor's visits.

A fixed amount you pay for each doctor's visit or prescription.

A percentage of the total medical bill you are responsible for paying.

The maximum amount you have to pay for covered medical expenses in a year.

The amount you pay for medical expenses that are not covered by your insurance plan.

To require the insured to pay a percentage of the total medical expenses after the deductible is met.

To limit the total amount the insurance company will pay for covered medical expenses.

To exclude certain medical expenses from coverage.

To increase the premium paid by the insured.

An HMO requires you to choose a primary care physician who coordinates your care, while a PPO allows you to see any doctor you want.

An HMO typically has lower premiums and copays than a PPO.

An HMO offers more comprehensive coverage than a PPO.

An HMO is more suitable for individuals with chronic health conditions, while a PPO is better for those who want more flexibility in choosing their doctors.

A tax-advantaged savings account used to pay for qualified medical expenses.

A type of health insurance plan that offers high-deductible coverage.

A government program that provides health insurance to low-income individuals.

A special account used to cover long-term care expenses.

It is a list of preferred drugs covered by the insurance plan.

It determines the copay or coinsurance amount for each prescription drug.

It sets limits on the quantity of prescription drugs that can be dispensed at one time.

It provides information on the side effects and interactions of prescription drugs.

A medical condition that existed before the effective date of the health insurance policy.

A medical condition that is considered to be high-risk and may be excluded from coverage.

A medical condition that requires ongoing treatment and may result in higher premiums.

A medical condition that is not covered by the health insurance policy.

To provide a list of healthcare providers who have agreed to accept the insurance plan's rates.

To ensure that the insured receives high-quality care from experienced providers.

To limit the insured's choice of healthcare providers.

To negotiate lower prices for medical services with healthcare providers.

In-network providers have agreed to accept the insurance plan's rates, while out-of-network providers have not.

In-network providers typically offer lower costs for medical services than out-of-network providers.

In-network providers are required to meet certain quality standards, while out-of-network providers are not.

In-network providers are more likely to be located near the insured's residence than out-of-network providers.

The total amount the insured is responsible for paying for covered medical expenses in a year.

The amount the insured pays for medical expenses before the deductible is met.

The amount the insured pays for medical expenses after the deductible is met.

The amount the insured pays for medical expenses that are not covered by the insurance plan.

To allow the insured to pay their premium late without penalty.

To give the insured time to review the policy and make changes if necessary.

To provide a period of time during which the insured is covered even if they have not paid their premium.

To allow the insurance company to investigate a claim before paying it.

Short-term health insurance plans are designed to provide temporary coverage for a specific period of time, while long-term health insurance plans provide coverage for an indefinite period.

Short-term health insurance plans typically have lower premiums than long-term health insurance plans.

Short-term health insurance plans may not cover pre-existing conditions, while long-term health insurance plans typically do.

Short-term health insurance plans are not regulated by the government, while long-term health insurance plans are.

To help individuals and businesses compare and select health insurance plans.

To provide advice and guidance on health insurance coverage options.

To assist with the enrollment process and answer questions about health insurance plans.

To negotiate lower rates with health insurance companies on behalf of their clients.

To estimate the monthly or annual cost of a health insurance plan.

To compare the premiums of different health insurance plans.

To determine the amount of the deductible and coinsurance for a health insurance plan.

To calculate the maximum out-of-pocket expense for a health insurance plan.