THIS IS With Host... Your 1000100 200 300 400 500 Credit Tips Credit Rights The 5 Cs Pay, pay, pay...

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Transcript of THIS IS With Host... Your 1000100 200 300 400 500 Credit Tips Credit Rights The 5 Cs Pay, pay, pay...

THIS

IS

With

Host...

Your

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Credit Tips Credit Rights

The 5 Cs Pay, pay, pay

Credit Pitfalls

Mixed Bag

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.

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The number of quotes you should get before signing your insurance

policy

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What is three?

Thank You for Playing Jeopardy!

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