Arkansas Health insurance 2025 Actual
Exam Questions and Answers A+ Graded
If .an .agent .makes .a .correction .on .the .application .for .health .insurance, .who
.must .initial .the .correct .answer? .- .CORRECT .ANSWER-The .applicant
What .is .the .term .used .for .a .written .request .for .an .insurer .to .issue .an .insurance
.contract .based .on .the .provided .information? .- .CORRECT .ANSWER-Application
What .information .are .the .members .of .the .Medical .Information .Bureau .required
.to .report? .- .CORRECT .ANSWER-Adverse .medical .information .about .the
.applicants .or .insured.
When .should .an .agent .obtain .a .Statement .of .Good .Health .from .the .insured? .-
.CORRECT .ANSWER-When .the .premium .was .paid .upon .policy .delivery .and .not
.the .time .of .application.
What .is .the .entire .contract .in .health .insurance .underwriting? .- .CORRECT
.ANSWER-The .application .and .policy .issued.
What .entities .make .up .the .Medical .Information .Bureau? .- .CORRECT .ANSWER-
Insurers
What .is .the .best .way .to .make .a .change .on .an .application .for .insurance? .-
.CORRECT .ANSWER-Start .over .with .a .fresh .application
In .health .insurance, .the .policy .itself .and .the .insurance .application .form .what? .-
.CORRECT .ANSWER-The .entire .contract
If .an .insurer .decides .to .obtain .medical .information .from .different .sources .in
.order .to .determine .the .insurability .of .an .applicant, .who .must .be .notified .of .the
.investigation? .- .CORRECT .ANSWER-The .applicant
Who .must .sign .a .health .insurance .application? .- .CORRECT .ANSWER-The
.policyowner, .the .insured .(if .different), .and .the .agent
If .an .underwriter .requires .extensive .information .about .the .applicant's .medical
.history, .what .report .will .best .serve .this .purpose? .- .CORRECT .ANSWER-
Attending .Physicians .statement
, Who .is .responsible .for .paying .the .cost .of .a .medical .examination .required .in .the
.process .of .underwriting? .- .CORRECT .ANSWER-Insurer
Whose .responsibility .is .it .to .inform .an .applicant .for .health .insurance .about .the
.insurer's .information .gathering .practices? .- .CORRECT .ANSWER-The .agent
What .type .of .hospital .policy .pays .a .fixed .amount .each .day .that .the .insured .is
.in .the .hospital? .- .CORRECT .ANSWER-Hospital .indemnity
What .is .the .term .for .a .period .of .time .immediately .following .a .disability .during
.which .benefits .are .not .payable? .- .CORRECT .ANSWER-Elimination .period
What .is .the .primary .purpose .of .disability .income .insurance? .- .CORRECT
.ANSWER-To .replace .income .lost .due .to .a .disability
Who .are .the .parties .in .a .group .health .contract? .- .CORRECT .ANSWER-The
.employer .and .the .insurer
Under .what .type .of .care .do .insurers .negotiate .contracts .with .health .care
.providers .to .allow .subscribers .have .access .to .health .care .services .at .a
.favorable .cost? .- .CORRECT .ANSWER-Preferred .Provider .Organization .(PPO)
How .are .HMO .territories .typically .divided? .- .CORRECT .ANSWER-geographic
.areas
Why .do .HMOs .encourage .members .to .get .regular .checkups? .- .CORRECT
.ANSWER-To .help .catch .health .problems .early .when .treatment .has .the .greatest
.chance .for .success .(i.e. .preventive .care)
Who .chooses .a .primary .care .physician .in .an .HMO .plan? .- .CORRECT .ANSWER-
The .individual .member
What .is .a .fee-for-service .health .plan? .- .CORRECT .ANSWER-Under .a .fee-for-
service .plan, .providers .receive .payments .for .each .service .provided
What .are .the .three .types .of .basic .medical .expense .insurance? .- .CORRECT
.ANSWER-Hospital, .surgical, .and .medical
What .is .the .capital .sum .in .Accidental .Death .and .Dismemberment .(AD&D)
.coverage? .- .CORRECT .ANSWER-A .percentage .of .the .principle .sum
What .is .the .main .principle .of .an .HMO .plan? .- .CORRECT .ANSWER-Preventive
.care
In .health .insurance, .what .is .considered .a .sickness? .- .CORRECT .ANSWER-An
.illness .that .first .arises .while .the .policy .is .in .force
What .do .individual .insureds .receive .as .proof .of .their .group .health .coverage? .-
.CORRECT .ANSWER-Certificate .of .insurance
Exam Questions and Answers A+ Graded
If .an .agent .makes .a .correction .on .the .application .for .health .insurance, .who
.must .initial .the .correct .answer? .- .CORRECT .ANSWER-The .applicant
What .is .the .term .used .for .a .written .request .for .an .insurer .to .issue .an .insurance
.contract .based .on .the .provided .information? .- .CORRECT .ANSWER-Application
What .information .are .the .members .of .the .Medical .Information .Bureau .required
.to .report? .- .CORRECT .ANSWER-Adverse .medical .information .about .the
.applicants .or .insured.
When .should .an .agent .obtain .a .Statement .of .Good .Health .from .the .insured? .-
.CORRECT .ANSWER-When .the .premium .was .paid .upon .policy .delivery .and .not
.the .time .of .application.
What .is .the .entire .contract .in .health .insurance .underwriting? .- .CORRECT
.ANSWER-The .application .and .policy .issued.
What .entities .make .up .the .Medical .Information .Bureau? .- .CORRECT .ANSWER-
Insurers
What .is .the .best .way .to .make .a .change .on .an .application .for .insurance? .-
.CORRECT .ANSWER-Start .over .with .a .fresh .application
In .health .insurance, .the .policy .itself .and .the .insurance .application .form .what? .-
.CORRECT .ANSWER-The .entire .contract
If .an .insurer .decides .to .obtain .medical .information .from .different .sources .in
.order .to .determine .the .insurability .of .an .applicant, .who .must .be .notified .of .the
.investigation? .- .CORRECT .ANSWER-The .applicant
Who .must .sign .a .health .insurance .application? .- .CORRECT .ANSWER-The
.policyowner, .the .insured .(if .different), .and .the .agent
If .an .underwriter .requires .extensive .information .about .the .applicant's .medical
.history, .what .report .will .best .serve .this .purpose? .- .CORRECT .ANSWER-
Attending .Physicians .statement
, Who .is .responsible .for .paying .the .cost .of .a .medical .examination .required .in .the
.process .of .underwriting? .- .CORRECT .ANSWER-Insurer
Whose .responsibility .is .it .to .inform .an .applicant .for .health .insurance .about .the
.insurer's .information .gathering .practices? .- .CORRECT .ANSWER-The .agent
What .type .of .hospital .policy .pays .a .fixed .amount .each .day .that .the .insured .is
.in .the .hospital? .- .CORRECT .ANSWER-Hospital .indemnity
What .is .the .term .for .a .period .of .time .immediately .following .a .disability .during
.which .benefits .are .not .payable? .- .CORRECT .ANSWER-Elimination .period
What .is .the .primary .purpose .of .disability .income .insurance? .- .CORRECT
.ANSWER-To .replace .income .lost .due .to .a .disability
Who .are .the .parties .in .a .group .health .contract? .- .CORRECT .ANSWER-The
.employer .and .the .insurer
Under .what .type .of .care .do .insurers .negotiate .contracts .with .health .care
.providers .to .allow .subscribers .have .access .to .health .care .services .at .a
.favorable .cost? .- .CORRECT .ANSWER-Preferred .Provider .Organization .(PPO)
How .are .HMO .territories .typically .divided? .- .CORRECT .ANSWER-geographic
.areas
Why .do .HMOs .encourage .members .to .get .regular .checkups? .- .CORRECT
.ANSWER-To .help .catch .health .problems .early .when .treatment .has .the .greatest
.chance .for .success .(i.e. .preventive .care)
Who .chooses .a .primary .care .physician .in .an .HMO .plan? .- .CORRECT .ANSWER-
The .individual .member
What .is .a .fee-for-service .health .plan? .- .CORRECT .ANSWER-Under .a .fee-for-
service .plan, .providers .receive .payments .for .each .service .provided
What .are .the .three .types .of .basic .medical .expense .insurance? .- .CORRECT
.ANSWER-Hospital, .surgical, .and .medical
What .is .the .capital .sum .in .Accidental .Death .and .Dismemberment .(AD&D)
.coverage? .- .CORRECT .ANSWER-A .percentage .of .the .principle .sum
What .is .the .main .principle .of .an .HMO .plan? .- .CORRECT .ANSWER-Preventive
.care
In .health .insurance, .what .is .considered .a .sickness? .- .CORRECT .ANSWER-An
.illness .that .first .arises .while .the .policy .is .in .force
What .do .individual .insureds .receive .as .proof .of .their .group .health .coverage? .-
.CORRECT .ANSWER-Certificate .of .insurance
