How Well Do You Know Health Insurance Terms?

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How Well Do You Know Health Insurance Terms? - Quiz


When we fall sick the first thing we need to ensure we have is enough money for the treatment, which is why many people take up health insurance. As an aspiring health insurance broker, just conversant are you with the terminologies used in health insurance? Take up the quiz and find out.


Questions and Answers
  • 1. 

    How many people die each year due to preventable medical errors?

    • A.

      Up to 200,000

    • B.

      Up to 100,000

    • C.

      Up to 400,000

    • D.

      Up to 600,000

    Correct Answer
    C. Up to 400,000
    Explanation
    Up to 400,000 people die each year due to preventable medical errors. This suggests that a significant number of deaths occur as a result of mistakes made within the medical field. These errors could include medication errors, surgical errors, misdiagnosis, or other preventable mistakes. The high number of deaths highlights the importance of improving patient safety and implementing measures to reduce medical errors.

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  • 2. 

    How much money each year is wasted in the US Healthcare costs?

    • A.

      $765,000,000,000

    • B.

      $465,000,000,000

    • C.

      $665,000,000,000

    • D.

      $565,000,000,000

    Correct Answer
    A. $765,000,000,000
    Explanation
    The correct answer is $765,000,000,000. This amount represents the money wasted each year in the US Healthcare costs. This staggering figure highlights the inefficiencies and excessive spending within the healthcare system, which can be attributed to factors such as administrative costs, overutilization of services, and inflated prices for medications and treatments. Addressing these issues and implementing measures to reduce waste is crucial in order to improve the affordability and effectiveness of healthcare in the United States.

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  • 3. 

    What percentage of patients feel unsafe about speaking up about a problem?

    • A.

      18%

    • B.

      38%

    • C.

      58%

    • D.

      78%

    Correct Answer
    C. 58%
    Explanation
    58% of patients feel unsafe about speaking up about a problem. This suggests that a significant portion of patients may be hesitant to voice their concerns or issues in a healthcare setting. This could be due to various reasons such as fear of retribution, lack of confidence in the healthcare system, or feeling intimidated by healthcare professionals. This finding highlights the importance of creating a safe and supportive environment for patients to freely express their concerns and actively participate in their own healthcare.

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  • 4. 

    Which country has the best healthcare?

    • A.

      United Kingdom

    • B.

      Sweden

    • C.

      Greece

    • D.

      France

    Correct Answer
    D. France
    Explanation
    France is considered to have one of the best healthcare systems in the world due to several factors. It provides universal healthcare coverage to all its citizens, ensuring access to quality healthcare services. France also has a high number of doctors and hospitals per capita, allowing for better healthcare availability. Additionally, the country invests heavily in medical research and innovation, leading to advancements in healthcare technology and treatments. The French healthcare system is known for its efficiency, affordability, and high patient satisfaction rates, making it a top choice for many people seeking quality healthcare.

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  • 5. 

    How many people are struggling to pay for health insurance?

    • A.

      1 in 4

    • B.

      1 in 10

    • C.

      1 in 6

    • D.

      1 in 20

    Correct Answer
    A. 1 in 4
    Explanation
    Approximately 1 in 4 people are struggling to pay for health insurance. This suggests that a significant portion of the population is facing financial difficulties in affording healthcare coverage. This could be due to various reasons such as rising healthcare costs, limited access to affordable insurance options, or financial constraints faced by individuals and families. The high percentage highlights the importance of addressing healthcare affordability and ensuring that everyone has access to necessary medical services.

    Rate this question:

  • 6. 

    How many people die each year due to preventable medical errors?

    • A.

      Up to 100,000

    • B.

      Up to 200,000

    • C.

      Up to 400,000

    • D.

      Up to 600,000

    Correct Answer
    C. Up to 400,000
    Explanation
    Up to 400,000 people die each year due to preventable medical errors. This suggests that a significant number of deaths occur as a result of mistakes or negligence in the healthcare system. It highlights the importance of improving patient safety and implementing measures to prevent such errors from happening.

    Rate this question:

  • 7. 

    How much money each year is wasted in the US Healthcare costs?

    • A.

      $765,000,000,000

    • B.

      $465,000,000,000

    • C.

      $665,000,000,000

    • D.

      $565,000,000,000

    Correct Answer
    A. $765,000,000,000
    Explanation
    The correct answer is $765,000,000,000. This amount represents the annual wastage in US Healthcare costs. This is a significant figure, indicating the inefficiencies and unnecessary expenses within the healthcare system. The high cost of healthcare in the US has been a topic of concern, and this answer highlights the magnitude of the problem.

    Rate this question:

  • 8. 

    What percentage of patients feel unsafe about speaking up about a problem?

    • A.

      18%

    • B.

      38%

    • C.

      58%

    • D.

      78%

    Correct Answer
    C. 58%
    Explanation
    Based on the given options, the correct answer is 58%. This suggests that a significant proportion of patients, almost 58%, feel unsafe about speaking up about a problem. This could be due to various reasons such as fear of negative consequences, lack of trust in healthcare providers, or a perceived power imbalance. It highlights the importance of creating a safe and supportive environment for patients to voice their concerns and actively participate in their healthcare decisions.

    Rate this question:

  • 9. 

    Which country has the best healthcare?

    • A.

      United Kingdom

    • B.

      Sweden

    • C.

      Greece

    • D.

      France

    Correct Answer
    D. France
    Explanation
    France is considered to have the best healthcare system due to its high-quality healthcare services, accessibility, and overall health outcomes. The country has a universal healthcare system that provides comprehensive coverage to all citizens. France also has a high number of doctors and hospitals per capita, ensuring that individuals have easy access to healthcare services. The country consistently ranks highly in various healthcare indicators, such as life expectancy and infant mortality rates. Additionally, France has a strong emphasis on preventive care and invests heavily in medical research and technology.

    Rate this question:

  • 10. 

    How many people are struggling to pay for health insurance?

    • A.

      1 in 4

    • B.

      1 in 6

    • C.

      1 in 10

    • D.

      1 in 20

    Correct Answer
    A. 1 in 4
    Explanation
    One in four people are struggling to pay for health insurance. This suggests that a significant portion of the population is facing financial difficulties in affording the costs associated with healthcare coverage. This could be due to various factors such as rising healthcare costs, limited income, or lack of access to affordable insurance options. The high number of people struggling to pay for health insurance highlights the need for policy interventions and reforms to ensure that healthcare remains accessible and affordable for all individuals.

    Rate this question:

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  • Current Version
  • Sep 18, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • May 15, 2015
    Quiz Created by
    Vfhgvdkvgfgvfkdv
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