NY Accident and Health 17-52 Exam
Complete Questions and Correct Answers
If an insurance company obtains an investigative consumer report on a
prospective insured , it MUST inform the prospect that it is permitted to do so
under which of the following Federal laws ?
The Fair Credit Reporting Act
What is the Fair Credit Reporting Act?
established procedures that consumer-reporting agencies must follow in order to
ensure that records are confidential, accurate, relevant, and properly used
Obtaining consumer information reports under false pretenses is prosecutable
by?
Fair Credit Reporting Act
When requesting a consumer report on a applicant, from whom must their
insurer obtain consent?
The applicant
How many years must credit information be retained?
,7 years
What is the Gramm-Leach-Bliley Act?
Establishes rules for financial institutions on privacy notices that must be sent to
consumers informing what information is collected, how it's shared and used, and
how it is protected.
Which federal law requires financial institutions to provide the consumer with
information on how personal information is used?
Gramm-Leach-Bliley Act
Which was NOT established under the Patient Protection and Affordable Care
Act (ACA)?
High deductible health plans (HDHP) (HDHP is established by the IRS and not the
ACA)
Which insurance plans are commonly offered through the worksite (employer
sponsored)?
Medicare (offered by the federal government)
The benefits paid by Medicare are most similar to?
Major medical
, How long after being entitled to social security benefits will an individual be
eligible to receive Medicare benefits?
2 years
Medicare
A federal program of health insurance for persons 65 years of age and older,
people who have be entitled for social security disability, or people who have
permanent kidney failure etc...
What is the primary qualifier for Medicare?
Age
What is the primary qualifier for Medicaid?
Financial need
What is Medicare part B?
medical insurance that covers outpatient medical services; services from doctors
and other health care providers, home health care, medical equipment
Which statement regarding Medicare is FLASE?
Part A paid for following your retirement
What is Medicare part A?
Complete Questions and Correct Answers
If an insurance company obtains an investigative consumer report on a
prospective insured , it MUST inform the prospect that it is permitted to do so
under which of the following Federal laws ?
The Fair Credit Reporting Act
What is the Fair Credit Reporting Act?
established procedures that consumer-reporting agencies must follow in order to
ensure that records are confidential, accurate, relevant, and properly used
Obtaining consumer information reports under false pretenses is prosecutable
by?
Fair Credit Reporting Act
When requesting a consumer report on a applicant, from whom must their
insurer obtain consent?
The applicant
How many years must credit information be retained?
,7 years
What is the Gramm-Leach-Bliley Act?
Establishes rules for financial institutions on privacy notices that must be sent to
consumers informing what information is collected, how it's shared and used, and
how it is protected.
Which federal law requires financial institutions to provide the consumer with
information on how personal information is used?
Gramm-Leach-Bliley Act
Which was NOT established under the Patient Protection and Affordable Care
Act (ACA)?
High deductible health plans (HDHP) (HDHP is established by the IRS and not the
ACA)
Which insurance plans are commonly offered through the worksite (employer
sponsored)?
Medicare (offered by the federal government)
The benefits paid by Medicare are most similar to?
Major medical
, How long after being entitled to social security benefits will an individual be
eligible to receive Medicare benefits?
2 years
Medicare
A federal program of health insurance for persons 65 years of age and older,
people who have be entitled for social security disability, or people who have
permanent kidney failure etc...
What is the primary qualifier for Medicare?
Age
What is the primary qualifier for Medicaid?
Financial need
What is Medicare part B?
medical insurance that covers outpatient medical services; services from doctors
and other health care providers, home health care, medical equipment
Which statement regarding Medicare is FLASE?
Part A paid for following your retirement
What is Medicare part A?
