Michigan Accident and Health Questions and Answers Already Graded A

Michigan Accident and Health Questions and Answers Already Graded A What process determines group rates by using a preset table that deals with the demographic makeup of the group community rating An insurer may exclude or limit coverage for conditions for which medical advice or treatment was recommended before enrollment for no more than 12 months What type of policy provides income during recuperation at home from disabling illness disability income Which plan is most likely to have a pre-negotiated discount with various medical providers PPO to provide an employee evidence of coverage in the company group medical plan, what type of document will be provided a certificate of coverage What is the typical partial disability 50% of the monthly indemnity for total disability for a non-contributory plan, how many of the employees must be offered coverage under the group 100% All of the following are true regarding comprehensive dental plans EXCEPT benefits are paid on a first-dollar basis true: -coinsurance -duductibles -also referred to as nonscheduled After a group disability insurance policy is approved by the Commissioner, what is issued Certificate of coverage a change of occupation provision will allow the insurance company to do any o fthe following at the time of claim, EXCEPT: increase the premiums for the individual ALLOW: -pay the benefits stated in the policy -pay a reduced benefit for a higher risk occupation -require a doctor's statment cofirming disability When completing an application for insurance, an agent is allowed to do... witness the applicant's signature Not an example of a limited policy universal