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A 100 The page of an insurance policy that summarizes the terms of that policy.

A 100 What is declarations?

A 200 The section of an insurance policy specifying the losses that are not covered.

A 200 What are the exclusions?

A 300 Likelihood that an event will happen.

A 300 What is probability?

A 400 A traditional health insurance plan in which the insured pays a high percentage of provider charges (usually 80/20).

A 400 What is fee-for-service (FFS)?

A 500 The least expensive health care plan; requires a primary care physician to refer patients to specialist; will not pay for care outside of the network.

A 500 What is health maintenance organization (HMO)?

B 100 A managed care plan in which physicians & other providers form a network offering care at reduced rates; does not require a primary care physician.

B 100 What is preferred provider organization (PPO)?

B 200 A managed care plan that requires a primary care physician to refer the insured to doctors within the network; but will pay a percentage for specialists referred to outside of network.

B 200 What is point of service plan (POS)?

B 300 The principle of minimizing risk of financial loss by spreading the expense of paying out claims over many customers over a period of many years.

B 300 What is the law of large numbers?

B 400 An insurer’s determination that an individual meets the company’s criteria to be insured.

B 400 What is insurability?

B 500 Financial protection purchased to compensate for loss.

B 500 What is insurance?

C 100 The amount the insured pays on a claim before the insurer pays the remainder.

C 100 What is a deductible?

C 200 Payment made by the insured to the insurer (to pay for insurance).

C 200 What is the premium?

C 300 The process of assessing applicants for insurance to determine whether they are a good risk.

C 300 What is underwriting?

DAILY DOUBLE C 400 DAILY DOUBLE Place A Wager

C 400 A small part of the charge for a doctor visit paid by the insured at the time of service.

C 400 What is the copay?

C 500 The doctor designated by the insured to be most directly responsible for his or her care; refers patients to specialists.

C 500 What is the primary care physician?

D 100 The federal law that enables eligible individuals to continue health coverage at their own expense after losing a job through which they were covered.

D 100 What is COBRA?

D 200 A federal law that permits employees to take health insurance eligibility with them when they change jobs; AKA: the portability law

D 200 What is HIPAA?

D 300 Coverage that pays for physical injuries sustained by the insured & the insured’s passengers

D 300 What is medical coverage expenses?

D 400 Coverage that pays for physical injury to people in other vehicles.

D 400 What is bodily injury liability?

D 500 Coverage for damage to a car from a crash, no matter which driver is liable.

D 500 What is collision coverage?

E 100 One of the ways to deal with risk; spread the risk; buy insurance.

E 100 What is transfer?

Mrs. Nicholas’ favorite beverage. E 200

What is coffee? E 200

E 300 Any system of insurers and health care providers that coordinate fees and payments in an attempt to lower the cost of medical care?

E 300 What is managed care?

E 400 A driver who does not have enough insurance to cover losses he or she is liable for

E 400 What is an underinsured motorist?

E 500 A driver who is not insured.

E 500 What is uninsured motorist?

F 100 A request to cover losses from a specific event.

F 100 What is a claim?

F 200 Protection against a specific kind of loss.

F 200 What is coverage?

F 300 A rating that summarizes an individual’s credit history and likelihood of paying back loans, qualifying them for better insurance rates.

F 300 What is a credit score?

F 400 The best course at CHS

F 400 What is a Banking & Insurance?

F 500 The best year to graduate

F 500 What is 2012?

The Final Jeopardy Category is: Auto Insurance Please record your wager. Click on screen to begin

Click on screen to continue The number of quotes you should get before signing your insurance policy

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