WebCE Practice Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
Which medical plan covers doctor comprehensive major medical insurance
visits while the insured is in the A comprehensive major medical plan
hospital and physical therapy covers
treatments following release from hospital expenses and doctor and surgeon
the hospital? fees. A basic hospital expense policy
limited medical policy covers
basic hospital expense policy the cost of hospitalization, but not
comprehensive major medical physician's
insurance fees.
supplementary major medical
insurance
Upon the lapse or surrender of a nonforfeiture options
permanent life insurance policy, Nonforfeiture options give policyowners
the cash value is available to the several ways to receive a policy's cash
policyowner in the form of: value
distribution options upon lapse or surrender of the policy.
nonforfeiture options
surrender options
settlement options
,Medicare Part A provides 60 days
reasonable and medically For a Medicare Part A beneficiary, a
necessary hospital care for how benefit
long? period begins on the day of admittance to
21 days the
60 days hospital. That benefit period ends 60 days
30 days after
Inpatient hospital care is not release from the hospital.
covered.
When received in a lump sum, Death benefits from a life insurance policy
how are life insurance death are
benefits commonly taxed to the generally not taxable to the beneficiary.
beneficiary? When received in a lump sum, the death
Death benefits from a life benefits from a life insurance policy are
insurance policy are generally generally not taxable to the beneficiary.
taxable to the beneficiary.
Fifty percent of death benefits
from a life insurance are taxable
to the beneficiary.
Death benefits from a life
insurance policy are generally not
taxable to the beneficiary.
Death benefits from a life
insurance policy are received tax
deferred.
,For tax purposes, the term "self- a C corporation's officers
employed person" includes all of
the following, EXCEPT:
a sole proprietor
a C corporation's officers
a partner
an S corporation owner who owns
more than 2 percent of the
outstanding shares
A pregnant woman marries and is Yes, from the moment of birth.
covered by her spouse's
employer's group health plan. Will
the plan cover the child?
Yes, after the woman applies for
coverage on behalf of the child.
Yes, from the moment of birth.
No, because the pregnancy was a
pre-existing condition.
No, because dependents must be
covered under a separate policy.
HMOs must provide their a list of all approved medical care
subscribers (enrollees) with providers in
evidence of coverage, which must the HMO's network
include all the following EXCEPT
the HMO's contact information
a list of all approved medical care
providers in the HMO's network
a description of the coverage
provided by the plan
an explanation of the capitation
arrangement the HMO has with
providers in its network
, On June 1, Sandra submitted August 1
proof A policy settlement must take place no
of her uncle's death and her right later
as beneficiary to receive the than two months after the date of receipt of
proceeds of his life insurance proof of the insured's death and the right of
policy. A life insurance policy the
settlement must take place by: claimant to the policy proceeds.
July 1
June 15
August 1
December 31
Which of the following types of medical expense insurance
health insurance covers the cost Medicare supplement policies offer private
of medical care and medical insurance coverage that supports and
services? enhances the care and services Medicare
disability income insurance covers.
medical expense insurance
accidental death and
dismemberment (AD&D)
insurance
Medicare supplement insurance
Congress amended the Medicaid spousal impoverishment
spend-down rules to eliminate: At one time, requiring Medicaid applicants
spousal abuse to
spousal participation reduce their assets often resulted in the
spousal impoverishment impoverishment of the spouse. Today,
spousal abandonment spouses
are protected from this unintended
consequence.
Answers with Verified Solutions | Latest
Updated 2026
Which medical plan covers doctor comprehensive major medical insurance
visits while the insured is in the A comprehensive major medical plan
hospital and physical therapy covers
treatments following release from hospital expenses and doctor and surgeon
the hospital? fees. A basic hospital expense policy
limited medical policy covers
basic hospital expense policy the cost of hospitalization, but not
comprehensive major medical physician's
insurance fees.
supplementary major medical
insurance
Upon the lapse or surrender of a nonforfeiture options
permanent life insurance policy, Nonforfeiture options give policyowners
the cash value is available to the several ways to receive a policy's cash
policyowner in the form of: value
distribution options upon lapse or surrender of the policy.
nonforfeiture options
surrender options
settlement options
,Medicare Part A provides 60 days
reasonable and medically For a Medicare Part A beneficiary, a
necessary hospital care for how benefit
long? period begins on the day of admittance to
21 days the
60 days hospital. That benefit period ends 60 days
30 days after
Inpatient hospital care is not release from the hospital.
covered.
When received in a lump sum, Death benefits from a life insurance policy
how are life insurance death are
benefits commonly taxed to the generally not taxable to the beneficiary.
beneficiary? When received in a lump sum, the death
Death benefits from a life benefits from a life insurance policy are
insurance policy are generally generally not taxable to the beneficiary.
taxable to the beneficiary.
Fifty percent of death benefits
from a life insurance are taxable
to the beneficiary.
Death benefits from a life
insurance policy are generally not
taxable to the beneficiary.
Death benefits from a life
insurance policy are received tax
deferred.
,For tax purposes, the term "self- a C corporation's officers
employed person" includes all of
the following, EXCEPT:
a sole proprietor
a C corporation's officers
a partner
an S corporation owner who owns
more than 2 percent of the
outstanding shares
A pregnant woman marries and is Yes, from the moment of birth.
covered by her spouse's
employer's group health plan. Will
the plan cover the child?
Yes, after the woman applies for
coverage on behalf of the child.
Yes, from the moment of birth.
No, because the pregnancy was a
pre-existing condition.
No, because dependents must be
covered under a separate policy.
HMOs must provide their a list of all approved medical care
subscribers (enrollees) with providers in
evidence of coverage, which must the HMO's network
include all the following EXCEPT
the HMO's contact information
a list of all approved medical care
providers in the HMO's network
a description of the coverage
provided by the plan
an explanation of the capitation
arrangement the HMO has with
providers in its network
, On June 1, Sandra submitted August 1
proof A policy settlement must take place no
of her uncle's death and her right later
as beneficiary to receive the than two months after the date of receipt of
proceeds of his life insurance proof of the insured's death and the right of
policy. A life insurance policy the
settlement must take place by: claimant to the policy proceeds.
July 1
June 15
August 1
December 31
Which of the following types of medical expense insurance
health insurance covers the cost Medicare supplement policies offer private
of medical care and medical insurance coverage that supports and
services? enhances the care and services Medicare
disability income insurance covers.
medical expense insurance
accidental death and
dismemberment (AD&D)
insurance
Medicare supplement insurance
Congress amended the Medicaid spousal impoverishment
spend-down rules to eliminate: At one time, requiring Medicaid applicants
spousal abuse to
spousal participation reduce their assets often resulted in the
spousal impoverishment impoverishment of the spouse. Today,
spousal abandonment spouses
are protected from this unintended
consequence.
