Challenge Questions 6 - 10

Now you've had a chance to test your knowledge on a few insurance basics.   Of course, like any good teacher would tell you, there's always room for more.....which brings me to questions 6 - 10.  They're still basic concepts, but hopefully you'll learn something new from these questions.

True or False

1.      Your doctor can make you pay the contracted adjustments that are not allowed by your PPO insurance that he participates with.

2.      You can only have one insurance policy for billing purposes.

3.      If you go to a contracted provider that takes your insurance, the provider must write off all of the contracted adjustments.

4.      Your doctor can share information about you to other sources without your permission.

5.      Your doctor can bill you for your deductible if your insurance applies it towards his claim.

I'm Back - (Pre-test Questions #1-5)

As you may have noticed, I haven't been posting for the last two months.  Summer has arrived along with my very first grandson Carter.  It’s been a crazy couple of months.  My daughter developed a severe form of pre-eclampsia called HELLP.  It's basically where your liver gets out-of-whack and the enzymes start destroying your red blood cells, as well as your blood pressure goes sky-high.  Needless to say she had to have an emergency C-section under general anesthetic and blood transfusions.  Baby Carter was in the NICU for a week (as he was 3.5 weeks early), but all is well with both mother and baby now. 

Back to the Blog:

For the next couple of weeks I'll be giving you some challenge questions.  These questions all come from my ebook in the form of a pre-test.  Hopefully after you've read my book, you will know the answers to these questions. I'll post five questions at a time and you can see if you know the answers.  If you do, you can email them to me or respond on my blog.  If you would like the answers, email me as well.  I haven't decided if I'll openly post the answers yet or not. 

True or False

1.      Your doctor can charge your insurance company any price that they want.

2.      If you have a HMO, you can go anywhere you want for services and your insurance company will pay the charges.  

3.      A deductible and co-pay mean the exact same thing.

4.      All insurance companies pay the same.

5.      COBRA law allows you to purchase health insurance if you get laid off.

Good Luck