FL Health Insurance License Questions 240 Questions And 100% Correct Answers

Which of the following statements regarding the tax treatment of medical expense insurance premiums and benefits is correct? - premiums are not deductible and benefits are taxable - premiums are not deductible and benefits are not taxable - premiums may be deductible as an unreimbursed medical expense and benefits are taxable - premiums may be deductible as an unreimbursed medical expense and benefits are not taxable - premiums may be deductible as an unreimbursed medical expense and benefits are not taxable To control health care costs, HMOs stress the importance of what kind of health care among their members? - cosmetic care - hospital care - surgical care - preventive care - preventive care A guaranteed insurability rider guarantees an individual disability income policyowner's right to buy additional coverage even if: - the insured has duplicate coverage from another health insurance provider - the insured cannot provide satisfactory evidence of insurability - the insured cannot afford the additional premium charged - state law prohibits the same coverage to be sold under a separate policy - the insured cannot provide satisfactory evidence of insurability What was the forerunner to the health savings account (HSA)?