APEA Practice Exam #2 questions with correct answers

A liability policy that pays claims even after the policy is no longer active is termed: a) Claims-made policy b) Tail coverage c) Liability protection d) "all-protect" Answer B A patient you are caring for in your clinic has Medicare Part B. What does this mean? a) The federal government will pay for his visit to your clinic today b) His Medicare benefit covers outpatient services c) He will have to pay a copay for his visit today d) His prescriptions will be partly paid for today Answer B Certification a) Is required in all 50 states b) Validates competence c) Is recognized by all 50 states d) Provides for title protection Answer B A liability policy that pays claims only during the period that the policy is active is termed: a) Claims-made policy