Test your supplemental health insurance knowledge

All fields are required unless marked optional.

1. What is the most common reason for personal bankruptcies?

Bad investment

Medical expenses

Divorce

Job loss

2. What is the national average family deductible for employer-sponsored health plans? (2020)

$1,278

$2,167

$2,845

$3,722

3. What is the estimated in-network cost of treatment for a broken leg bone at the ankle, including local anesthesia and hospital facility fees?

$2,890

$4,672

$6,273

$7,308

4. Which of the following is among the most common causes of accident insurance claims?

Skiing accident

Carrying heavy objects

Tripping over a dog

Car crash

5. Joe was injured in a bicycle accident. If Joe had an accident insurance policy through his job, which of these services would be covered by the policy to help reduce his out-of-pocket costs?

Emergency room visit

X-rays

Emergency dental work

All of the above

6. Carol goes to the ER and is admitted for emergency surgery. Fortunately, Carol has medical insurance, but incurs $3,815 of out-of-pocket expenses. Which type of insurance could help her cover her out-of-pocket costs for an admission, regardless of whether the surgery was related to an accident or a sickness?

Accident insurance

Cancer insurance

Critical illness insurance

Hospital indemnity insurance

7. Which type(s) of insurance can include coverage for COVID-19 and related hospitalizations?

Accident insurance

Cancer insurance

Critical illness insurance

Hospital indemnity insurance

8. Which type of insurance helps cover the out-of-pocket hospital costs related to having a baby?

Accident insurance

Cancer insurance

Critical illness insurance

Hospital indemnity insurance

9. Which benefits enrollment method typically generates the highest employee participation?

Online

Telephonic

Face to face

All of the above

10. What is the most effective way to engage employees during enrollment?

Email communication

Text reminders

Company bulletins

Requiring all employees to review and make a yes or no decision on all benefits

Guardian Workplace Benefits Study^SM: 9th Annual, 2020

Sources for quiz answers:

Investopedia, Top 5 Reasons Why People Go Bankrupt
KFF, Average Annual Deductible per Enrolled Employee in Employer-Based Health Insurance for Single and Family Coverage
Fair health consumer
Guardian claims data 2018-2019
Based off of 2020 data