Medicare
________ is the U.S. governments major health insurance program for the elderly.
percentage of medical expenses
Many health insurance policies have coinsurance, a(n) ________ that a policyholder must pay beyond the deductible.
mutual funds
With variable life insurance, the cash- value part of the premium is used for investments such as stocks, bonds, and ________, rather than savings.
Medicaid
________ is a federally and state- funded health- care plan for people who are unable to pay for insurance or health care.
survivor
A beneficiary, who is a(n) ________, is someone who receives part or all of the proceeds.
Health insurance
________ provides protection against the costs of illness and accidents.
policyholders death
Upon the ________, the insurance company pays the survivors the value of a life insurance policy, or the proceeds.
Cash value insurance
________, or permanent insurance, provides both savings and death benefits.
Beneficiary
A __________, who is a survivor, is someone who receives part or all of the proceeds.
HMO
A ________ provides health care at its own health center for a fixed fee per month.
PPO
A _________ is a group of doctors and hospitals that agree to provide specified medical services to members at pre arranged fees.