Colorado Health Licensing Exam Questions & Answers(RATED A)

The PRIMARY purpose of medicaid is to: -ANSWER provide medical expense coverage to persons meeting certain minimum income requirements A disability income policy may provide benefits for which of the following losses? -ANSWER residual disability the elimination period in most disability income policies applies: -ANSWER to each separate disability On June 1, S purchased a Major Medical policy and paid the initial premium to Producer T. On July 1, Producer T received the policy from the insurance company. The policy contained a Ten-Day Free Look provision. On July 3, Producer T attempted to deliver the policy but found that S was not at home. On July 5, Producer T was able to deliver the policy to S. on July 7, S decided he did not want the policy. S had 10 days from which of the following dates to return the policy to the company and obtain a full premium refund? -ANSWER July 5 An insured whose disability income policy contains a change of occupation clause takes a new job in a more hazardous occupation and fails to notify the insurer of the change. One year later, the insured becomes disabled. The insurer will most likely take which of the following actions? -ANSWER Settle the claim according to what the premiums would have purchased under the more hazardous occupation. Which of the following reports may include information obtained by telephone call to the proposed insured? -ANSWER inspection report J has a physical impairment, attends school, and is incapable of self-sustaining employer and/or self care. which of the following statements is CORRECT about J's medical coverage under J's father's group plan? -ANSWER J's coverage continues as long as J is continually incapacitated and is financially dependent on J's father. The Social Security program provides all of the following benefits EXCEPT -ANSWER workers compensation An insured becomes disabled three years after his Disability IncColorado Health Licensing Exam Questions & Answers(RATED A)