11/4/24, 5:14 AM EXAMFX LIFE AND HEALTH EXAM |2024-2025 update|COMPLETE MOST TESTED QUESTIONS AND VERIFIED ANSWER…
EXAMFX LIFE AND HEALTH EXAM |2024-2025
update|COMPLETE MOST TESTED QUESTIONS
AND VERIFIED ANSWERS (100% Correct
solutions)| GET IT RIGHT!! | ALREADY GRADED
A+
Terms in this set (137)
the transfer of an insured's right to seek damages
Subrogation from a negligent party to the insurer is found in
which of the following clauses?
control health insurance the purpose of managed care health insurance is to
claims expenses
a man works for company A and his wife works for
the insurance through his company B. The spouses are covered by health
company is primary plans through their respective companies that also
cover the other spouse. If the husband files a claim
a permanent resident which of the following individuals will be eligible for
lawfully present in the coverage on the Health Insurance Marketplace?
U.S.
present earnings and which of the following are the main factors taken
earnings prior to into account when calculating residual disability
disability benefits
S is a sole business proprietor who owns a medical
100% expense plan. what percentage of the cost of the
plan may he deduct?
A woman obtains health coverage through the
pregnancy will be Marketplace on October 1. Two weeks later she finds
covered immidiately out that she is 3 months pregnant. Which of the
following is true about coverage for pregnancy?
https://quizlet.com/966277686/examfx-life-and-health-exam-2024-2025-updatecomplete-most-tested-questions-and-verified-answers-100-correc… 1/10
, 11/4/24, 5:14 AM EXAMFX LIFE AND HEALTH EXAM |2024-2025 update|COMPLETE MOST TESTED QUESTIONS AND VERIFIED ANSWER…
Payment is limited to a which of the following applies to partial disability
certain period of time benefits
when the expenses when may an insured deduct unreimbursed medical
exceed a certain expenses paid under a long term care policy
percentage of the
insured's adjusted gross
income
an insured has health insurance that covers them at
occupational work and at home. this policy has written on what
basis?
workers compensation insurance covers a worker's
Work-related disability medical expenses resulting from work related
sickness or injuries and covers loss of income from
this is a form of insurance Which of the following is NOT true regarding partial
that covers part time disability?
workers
individuals who itemize deductions can claim
deductions for medical expenses not covered by
10%
health insurance that exceed what percent of their
adjusted gross income?
the policyowner has the which of the following statements regarding the
right to change Change of beneficiaries provision is false?
beneficiaries in any case
in an individual long-term care insurance plan, the
insured is able to deduct the premiums from taxes.
No tax
What income taxation will be imposed on the
benefits received?
Employee benefits are Concerning group medical and dental insurance,
tax deductible the year in which of the following statements in INCORRECT?
which they were received
for group medical and dental expense insurance,
100% what percentage of premium paid by the employer
is deductible as a business expense?
https://quizlet.com/966277686/examfx-life-and-health-exam-2024-2025-updatecomplete-most-tested-questions-and-verified-answers-100-correc… 2/10
EXAMFX LIFE AND HEALTH EXAM |2024-2025
update|COMPLETE MOST TESTED QUESTIONS
AND VERIFIED ANSWERS (100% Correct
solutions)| GET IT RIGHT!! | ALREADY GRADED
A+
Terms in this set (137)
the transfer of an insured's right to seek damages
Subrogation from a negligent party to the insurer is found in
which of the following clauses?
control health insurance the purpose of managed care health insurance is to
claims expenses
a man works for company A and his wife works for
the insurance through his company B. The spouses are covered by health
company is primary plans through their respective companies that also
cover the other spouse. If the husband files a claim
a permanent resident which of the following individuals will be eligible for
lawfully present in the coverage on the Health Insurance Marketplace?
U.S.
present earnings and which of the following are the main factors taken
earnings prior to into account when calculating residual disability
disability benefits
S is a sole business proprietor who owns a medical
100% expense plan. what percentage of the cost of the
plan may he deduct?
A woman obtains health coverage through the
pregnancy will be Marketplace on October 1. Two weeks later she finds
covered immidiately out that she is 3 months pregnant. Which of the
following is true about coverage for pregnancy?
https://quizlet.com/966277686/examfx-life-and-health-exam-2024-2025-updatecomplete-most-tested-questions-and-verified-answers-100-correc… 1/10
, 11/4/24, 5:14 AM EXAMFX LIFE AND HEALTH EXAM |2024-2025 update|COMPLETE MOST TESTED QUESTIONS AND VERIFIED ANSWER…
Payment is limited to a which of the following applies to partial disability
certain period of time benefits
when the expenses when may an insured deduct unreimbursed medical
exceed a certain expenses paid under a long term care policy
percentage of the
insured's adjusted gross
income
an insured has health insurance that covers them at
occupational work and at home. this policy has written on what
basis?
workers compensation insurance covers a worker's
Work-related disability medical expenses resulting from work related
sickness or injuries and covers loss of income from
this is a form of insurance Which of the following is NOT true regarding partial
that covers part time disability?
workers
individuals who itemize deductions can claim
deductions for medical expenses not covered by
10%
health insurance that exceed what percent of their
adjusted gross income?
the policyowner has the which of the following statements regarding the
right to change Change of beneficiaries provision is false?
beneficiaries in any case
in an individual long-term care insurance plan, the
insured is able to deduct the premiums from taxes.
No tax
What income taxation will be imposed on the
benefits received?
Employee benefits are Concerning group medical and dental insurance,
tax deductible the year in which of the following statements in INCORRECT?
which they were received
for group medical and dental expense insurance,
100% what percentage of premium paid by the employer
is deductible as a business expense?
https://quizlet.com/966277686/examfx-life-and-health-exam-2024-2025-updatecomplete-most-tested-questions-and-verified-answers-100-correc… 2/10
