OHIO LIFE AND HEALTH PRACTICE EXAM 2024 WITH 100% CORRECT ANSWERS
OHIO LIFE AND HEALTH PRACTICE EXAM 2024 WITH 100% CORRECT ANSWERS Which settlement option pays a stated amount to an annuitant, but no residual value to a beneficiary? - correct answer Life income Someone needing custodial care at home would require which type of coverage? - correct answer Long term care coverage Which of these is not considered a supplemental health insuring corporation (HIC) service? - correct answer Outpatient medical services An employer may qualify for health care tax credits through SHOP Marketplace if that employer has fewer than how many employees? - correct answer 25 Justin is receiving disability income benefits from a group policy paid for by his employer. How are these benefits treated for tax purposes? - correct answer Taxable income The typical long-term care insurance policy is designed to provide a minimum of __ year(s) of coverage. - correct answer 1 Which situation would qualify an individual for receiving benefits from a qualified long-term care policy? - correct answer Becoming cognitively impaired (mentally ill) Which of the following would be considered a possible applicant and contract policyholder for group health benefits? - correct answer Employer The focus of major medical insurance is providing coverage for - correct answer Medical and hospitalization expenses
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