NC Health Insurance Exam FX questions with correct answers

Under the Affordable Care Act, what is the limiting age for coverage of children of the insured CORRECT ANSWER Age 26 Premium will be refunded CORRECT ANSWER After the elimination period, a totally disabled insured qualified for benefits from a disability income policy that has a wavier of premium rider. What will happen to the premium that was paid into the policy during the elimination period? Prepaid plans CORRECT ANSWER In what type of health plans are providers paid for services in advance, regardless of the services provided The individual member CORRECT ANSWER Who chooses a primary care physician in an HMO plan Insured's inability to perform duties of his current job or an occupation for which the insured is educated & trained CORRECT ANSWER What is the own occupation disability Persumptive disability CORRECT ANSWER Which provision in a disability income policies specifies the conditions that automatically qualifiy the insured for full disablity benefits Key-person disability insurance CORRECT ANSWER What type of HI would pay for hiring a replacement for an important employee who becomes disabled As a rider to a HI policy, or as a separate policy C