Questions from Personal Finance


Q: Compare and contrast private health care fee for service plans and managed

Compare and contrast private health care fee for service plans and managed health care plans.

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Q: Describe how an HMO works. What are the advantages and disadvantages

Describe how an HMO works. What are the advantages and disadvantages of this type of health care coverage?

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Q: What questions should you ask when considering an HMO or PPO?

What questions should you ask when considering an HMO or PPO?

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Q: What is a preferred provider organization (PPO)? How does it

What is a preferred provider organization (PPO)? How does it operate?

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Q: Compare and contrast the discount on charge arrangement and the per diem

Compare and contrast the discount on charge arrangement and the per diem arrangement associated with PPOs.

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Q: Briefly describe two federal regulations intended to ensure that individuals can maintain

Briefly describe two federal regulations intended to ensure that individuals can maintain continuous health care coverage if their employment status changes

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Q: What is a flexible spending account? Why do some individuals allocate

What is a flexible spending account? Why do some individuals allocate a minimal amount to this account?

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Q: What is Medicare? Describe Parts A and B of Medicare.

What is Medicare? Describe Parts A and B of Medicare.

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Q: Briefly describe the provisions of the Medicare Prescription Act

Briefly describe the provisions of the Medicare Prescription Act

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Q: Recall that one of the Sampsons’ goals is to invest for their

Recall that one of the Sampsons’ goals is to invest for their children’s future college education. To become more educated investors, they have been reviewing analyst and brokerage firm recommendation...

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