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NJ Health and Accident Questions and Answers 100% Pass

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NJ Health and Accident Questions and Answers 100% Pass

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NJ HEALTH AND ACCIDENT QUESTIONS AND
ANSWERS 100% PASS


In gwhat gform gdo gdisability gincome gpolicies gtypically gpay gbenefits g- ganswersPeriodic
gincome


The gMandatory ghealth gpolicy gprovision gstates gthat gthe gpolicy, gincluding
gendorsements gand gattached gpapers, gconstitutes g- ganswersThe gentire ginsurance
gcontract gbetween gthe gparties


The gentire gcontract gincludes gthe gactual gpolicy gand gthe g- ganswersapplication

employer gsponsored ggroup ghealth ginsurance gprovides gcoverage gfor gwhich gof gthe
gfollowing g- ganswersAlcoholism


The gterm gwhich gdescribes gthe gfact gthat gboth gparties gof ga gcontract gmay gnot
greceive gthe gsame gvalue gis greferred gto gas g- ganswersAleatory


Tom ghas ga ghome ghealth gcare gbenefit gand gis gconfined gto ghis ghome. gWhich gof
gthese gis gNOT gtypically gcovered g- ganswersFull-time gnursing gcare


A gMedicare gSupplement gpolicy gcan gbe gcancelled gby gthe ginsurer gfor g-
ganswersNonpayment


Credit gAccident gand gHealth gplans gare gdesigned gto g- ganswershelp gpay goff gexisting
gloans gduring gperiods gof gdisability


A gpayment gsystem gfor ghealth gcare gin gwhich gthe gprovider gis gpaid gfor geach gservice
ggiven gis gcalled g- ganswersfee-for-service


An ginsurance gcompany gONLY gpay ga gsales gcommission gto g- ganswersindividuals
glicensed gby gthe gstate


Ken gis ga gproducer gwho ghas gobtained gConsumer gInformation gReports gunder gfalse
gpretenses. gUnder gthe gFair gCredit gReporting gAct, gwhat gis gthe gmaximum gpenalty
gthat gmay gbe gimposed gon gKen? g- ganswers$5000 gand g1 gyear gimprisonment


A gclosed gnetwork gplan goffers ga gprimary gphysician gcopay gof g$25. gIf ga gsubscriber
gchooses ga gprimary gcare gphysician goutside gof gthe gnetwork, gthe gsubscriber gwill
glikely gpay g- ganswers100% gof gthe gbilled gamount

, What gis gthe gmaximum gfine gfor ga gproducer gviolating gan gNJ ginsurance glaw gfor gthe
gfirst gtime? g- ganswers$5000


A glicensed gproducer gis grequired gto gfile gnotice gto gany gchanges gof gaddress gwithin
ghow gmany gdays g- ganswers30 gdays


Jonas ghas gdisability ginsurance gthrough ghis gemployer. gThe gemployer gpays g75% gof
gthe gpremium, gand gJonas gpays gthe gother g25%. gWhat gis gJonas's gtax gliability gfor
gany gbenefits gpaid gfrom gthe gdisability gplan? g- ganswersTaxes gmust gbe gpaid gon
g75% gof gthe gbenefits greceived


After gan ginsured ggives gnotice gof gloss, gwhat gmust ghe/she gdo gif gthe ginsurer gdoes
gnot gfurnish gforms? g- ganswersFile gwritten gproof gof gloss


Which gof gthe gfollowing gis gan gexample gof gthe ginsured's gconsideration? g- ganswersA
gpaid gpremium


A(n) g_______ ginsurance gcompany gis gone gthat gwas gformed gunder gthe glaws gof ga
gstate gother gthan gNJ g- ganswersForeign


Kathy gpays ga gmonthly gpremium gon gher ghealth ginsurance gpolicy. gHow glong gis gher
ggrace gperiod? g- ganswers10 gdays


Insurance glicenses gare gintended gto gbe gissued gfor gthe gpurpose gof gauthorizing gthe
gtransaction gof gbusiness gwith gmembers gof gthe ggeneral gpublic gand gnot gprimarily
gallowing gsomeone gto gbenefit gfrom gcommissions gon gbusiness gthat ginsurers gtheir
gpersonal ginterest. gThe gdescription gof gwhich gof gthe gfollowing? g- ganswersControlled
gbusiness


A gmaster gcontract gand gcertified gcoverage gcan gbe gfound gin gwhich gtype gof gpolicy?
g- ganswersGroup


Medicaid gis ga ggovernment-funded gprogram gdesigned gto gprovide ghealth gcare gto g-
ganswerspoor gpeople


Which gtype gof glong-term gcare gbenefit gwould gbe gmost gappropriate gfor ga gstroke
gvictim gwho grequires gspeech gtherapy gadministered gat gher ghome? g- ganswersHome
gHealth gCare


What gdoes gthe gConsolidated gOmnibus gBudget gReconciliation gAct g(COBRA) gof
g1985 gallow gan gemployee gto gdo? g- ganswersIn gthe gevent gof gemployment
gtermination, ggroup ghealth ginsurance gcan gbe gkept gif gthe gemployee gpays gthe
gpremiums

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