Match Each Health Insurance Term with Its Definition

question 47

Multiple Choice

Match each health insurance term with its definition.
-Geographic area served by an insurance carrier

• A)managed care
• B)Medicaid
• C)precertification
• D)preexisting condition
• E)service area
• F)subscriber
• G)individual insurance
• H)indemnity plan
• I)utilization management (review)
• J)workers' compensation

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Definitions:

Marginal Utility

The additional satisfaction or benefit received by a consumer from consuming one more unit of a good or service.

Consumer Equilibrium

A state in microeconomics where a consumer achieves the highest satisfaction possible, given their income constraints and prices of goods and services.