Question

1.Americans spend over $1 trillion each year on heath care. A.True B.False 2.The majority of Americans are covered by private group health insurance A.True B.False 3. Medicaid pays benefits to those who are disabled. A.True B.False 4. An HMO will generally not pay for routine physicals and immunizations. A.True B.False 5.Your health care plans charges a deductible of $150 and a 20% co-payment. If your total health care bills in 2003 amount to $2,150, you will pay $550 out of your own pocket. A.True B.False 6.Social Security provides tax free disability benefits for those who are both partially and totally disabled. A.True B.False 7.The co-payment is the portion of health care bills you must pay before receiving any benefits. A.True B.False 8. Of each dollar spent on health care, who gets the largest share? A. hospitals B. physicians C. prescription drug makers D. nursing homes 9. Who paid the largest SINGLE share of the nation’s health care costs 30 years ago? A. the federal government B. private insurance companies C. consumers (out of pocket) D. employers 10. Who pays the largest SINGLE share of the nation’s health care costs today? A. the federal government B. private insurance companies C. consumers (out of pocket) D. employers