Cwmc Module 16: Healthcare Competency Test

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Alice Whinnery
A
Alice Whinnery
Community Contributor
Quizzes Created: 20 | Total Attempts: 1,999
| Attempts: 65 | Questions: 12
Please wait...
Question 1 / 12
0 %
0/100
Score 0/100
1. Which of the following healthcare actions could lead to financial crisis? (check all that apply)

Explanation

Ignoring hospital bills and a health insurance policy lapse due to non-payment can both lead to financial crisis. Ignoring hospital bills can result in accumulating debt and potential legal action, while a health insurance policy lapse due to non-payment can leave individuals without coverage for medical expenses, leading to high out-of-pocket costs and potential bankruptcy. Both actions can have serious financial consequences and should be avoided.

Submit
Please wait...
About This Quiz
Cwmc Module 16: Healthcare Competency Test - Quiz

This quiz is part of LFE Institute's CWMC (Certified Workplace Money Coaching) course. It will test your proficiency in the Healthcare Module (Module 16) of the program. The questions are all multiple choice, and are designed to be a review of this Module. Let LFE know when you've successfully completed... see morethis test and are ready to begin the next Module.
Correct answers required for passing grade: 10/12 see less

Tell us your name to personalize your report, certificate & get on the leaderboard!
2. As a Money Coach, which of the following is most likely NOT the focus in a healthcare-related response?

Explanation

In a healthcare-related response, the focus is typically on providing information and guidance to individuals regarding their consumer rights, money-saving strategies, insurance choices, and protection against medical scams. ERISA litigation, on the other hand, refers to legal disputes related to employee benefits and retirement plans, which is not directly related to healthcare. Therefore, ERISA litigation is most likely not the focus in a healthcare-related response.

Submit
3. Which of the following phrases are NOT appropriate when forming a Money Coaching response? (check all that apply)

Explanation

The phrases "I have personally found...", "You should...", and "I would recommend..." are not appropriate when forming a Money Coaching response. Money Coaching is about providing guidance and support, rather than imposing personal opinions or making recommendations. It is important to offer objective information and present different options for consideration, which can be done using phrases like "Here are some possible options..." or "Some alternatives to consider are...".

Submit
4. How much have healthcare costs increased for employees recently?

Explanation

not-available-via-ai

Submit
5. How will addressing healthcare questions for employees help their employers? (check all that apply)

Explanation

Addressing healthcare questions for employees can help their employers by saving the company time and saving on healthcare costs. By providing employees with information and resources to address their healthcare concerns, employers can prevent employees from spending excessive time researching and seeking medical advice. This can result in increased productivity and efficiency within the company. Additionally, by promoting preventive care and early intervention, employers can reduce healthcare costs in the long run by preventing more serious and expensive health issues from arising.

Submit
6. Which of the following Web sites would you NOT recommend for more information on healthcare? (check all that apply)

Explanation

not-available-via-ai

Submit
7. The goal of Module 16 (Healthcare) is for employees to save money by learning strategies _________ their doctor or healthcare facility.

Explanation

The goal of Module 16 (Healthcare) is for employees to save money by learning strategies that they probably won't hear from their doctor or healthcare facility. This suggests that the module aims to provide employees with alternative strategies or information that may not be commonly shared by healthcare providers, potentially enabling them to save money on healthcare expenses.

Submit
8. Medicare and Medicaid cover the health expenses of millions of Americans. Which of the following statements applies to BOTH programs?

Explanation

Both Medicare and Medicaid adhere to federal guidelines. This means that they must follow the rules and regulations set by the federal government in order to provide health coverage to eligible individuals. These guidelines ensure that the programs operate in a standardized and consistent manner across the country.

Submit
9. Which of the following money-saving strategies could be considered when facing long-distance travel for medical treatments? (check all that apply)

Explanation

When facing long-distance travel for medical treatments, there are several money-saving strategies that could be considered. One option is to take advantage of tax deductible vehicle expenses, which can help offset the cost of gas, maintenance, and other related expenses. Another strategy is to explore public transportation options, such as buses or trains, which can be more affordable than driving a personal vehicle. Additionally, posting a “rideshare/carpool” ad on craigslist can help connect with others who may be traveling in the same direction, allowing for cost-sharing. Lastly, keeping your car properly maintained can help prevent costly repairs and ensure optimal fuel efficiency. Therefore, all of the options listed could be considered when facing long-distance travel for medical treatments.

Submit
10. To qualify for Medicare healthcare benefits: (check all that apply)

Explanation

To qualify for Medicare healthcare benefits, an individual who is not permanently disabled should be age 65 or older. This means that individuals who are not disabled but are 65 years or older are eligible for Medicare. Additionally, an individual of any age who has been diagnosed with a permanent disability is also eligible for Medicare. This means that individuals who have a permanent disability, regardless of their age, can qualify for Medicare benefits.

Submit
11. Generally speaking, what is the ideal length of a succinct and informative Money Coaching response?

Explanation

The ideal length of a succinct and informative Money Coaching response is 1 full page. This allows for enough space to provide a comprehensive explanation and analysis of the subject matter without being overly verbose or repetitive. It ensures that all relevant information is included while still maintaining brevity and clarity.

Submit
12. Which of the following services is mandated by law to be provided, at no cost, by a local hospital and/or Primary Care Physician (PCP)?

Explanation

Prescription medication education is mandated by law to be provided, at no cost, by a local hospital and/or Primary Care Physician (PCP). This means that healthcare providers are required to offer information and guidance to patients regarding their prescribed medications, including details about dosage, potential side effects, and instructions for use. This ensures that patients have access to the necessary knowledge and support to safely and effectively manage their medications.

Submit
View My Results

Quiz Review Timeline (Updated): Jul 11, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Jul 11, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 07, 2009
    Quiz Created by
    Alice Whinnery
Cancel
  • All
    All (12)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
Which of the following healthcare actions could lead to financial...
As a Money Coach, which of the following is most likely NOT the focus...
Which of the following phrases are NOT appropriate when forming a...
How much have healthcare costs increased for employees recently?
How will addressing healthcare questions for employees help their...
Which of the following Web sites would you NOT recommend for more...
The goal of Module 16 (Healthcare) is for employees to save money by...
Medicare and Medicaid cover the health expenses of millions of...
Which of the following money-saving strategies could be considered...
To qualify for Medicare healthcare benefits: (check all that apply)
Generally speaking, what is the ideal length of a succinct and...
Which of the following services is mandated by law to be provided, at...
Alert!

Advertisement