ARKANSAS
Arkansas HEALTH HealthINSURANCE PRACTICE EXAM QUESTIONS AND
insurance exam
ANSWERS (VERIFIED
Study online ANSWERS GRADED A+) LATEST UPDATE 2025
at https://quizlet.com/_9ze3b1
1. If an agent makes a correction on the application The applicant
for health insurance, who must initial the correct
answer?
2. What is the term used for a written request for Application
an insurer to issue an insurance contract based
on the provided information?
3. What information are the members of the Med- Adverse medical information
ical Information Bureau required to report? about the applicants or insured.
4. When should an agent obtain a Statement of When the premium was paid
Good Health from the insured? upon policy delivery and not the
time of application.
5. What is the entire contract in health insurance The application and policy issued.
underwriting?
6. What entities make up the Medical Information Insurers
Bureau?
7. What is the best way to make a change on an Start over with a fresh application
application for insurance?
8. In health insurance, the policy itself and the in- The entire contract
surance application form what?
9. If an insurer decides to obtain medical informa- The applicant
tion from different sources in order to determine
the insurability of an applicant, who must be no-
tified of the investigation?
10. Who must sign a health insurance application? The policyowner, the insured (if
different), and the agent
, Arkansas Health insurance exam
Study online at https://quizlet.com/_9ze3b1
11. If an underwriter requires extensive information Attending Physicians statement
about the applicant's medical history, what re-
port will best serve this purpose?
12. Who is responsible for paying the cost of a med- Insurer
ical examination required in the process of un-
derwriting?
13. Whose responsibility is it to inform an applicant The agent
for health insurance about the insurer's informa-
tion gathering practices?
14. What type of hospital policy pays a fixed amount Hospital indemnity
each day that the insured is in the hospital?
15. What is the term for a period of time immediately Elimination period
following a disability during which benefits are
not payable?
16. What is the primary purpose of disability income To replace income lost due to a
insurance? disability
17. Who are the parties in a group health contract? The employer and the insurer
18. Under what type of care do insurers negotiate Preferred Provider Organization
contracts with health care providers to allow sub- (PPO)
scribers have access to health care services at a
favorable cost?
19. How are HMO territories typically divided? geographic areas
20. Why do HMOs encourage members to get regu- To help catch health problems
lar checkups? early when treatment has the
, Arkansas Health insurance exam
Study online at https://quizlet.com/_9ze3b1
greatest chance for success (i.e.
preventive care)
21. Who chooses a primary care physician in an HMO The individual member
plan?
22. What is a fee-for-service health plan? Under a fee-for-service plan,
providers receive payments for
each service provided
23. What are the three types of basic medical ex- Hospital, surgical, and medical
pense insurance?
24. What is the capital sum in Accidental Death and A percentage of the principle sum
Dismemberment (AD&D) coverage?
25. What is the main principle of an HMO plan? Preventive care
26. In health insurance, what is considered a sick- An illness that first arises while the
ness? policy is in force
27. What do individual insureds receive as proof of Certificate of insurance
their group health coverage?
28. In what type of health plans are providers paid Prepaid plans
for services in advance, regardless of the services
provided?
29. Can Alzheimer's disease be excluded from cover- No, organic cognitive disorders,
age under a long-term care policy? such as Alzheimer's or Parkinson's
must be covered
30. With key person disability insurance, who pays The business (employer)
the policy premiums?
Arkansas HEALTH HealthINSURANCE PRACTICE EXAM QUESTIONS AND
insurance exam
ANSWERS (VERIFIED
Study online ANSWERS GRADED A+) LATEST UPDATE 2025
at https://quizlet.com/_9ze3b1
1. If an agent makes a correction on the application The applicant
for health insurance, who must initial the correct
answer?
2. What is the term used for a written request for Application
an insurer to issue an insurance contract based
on the provided information?
3. What information are the members of the Med- Adverse medical information
ical Information Bureau required to report? about the applicants or insured.
4. When should an agent obtain a Statement of When the premium was paid
Good Health from the insured? upon policy delivery and not the
time of application.
5. What is the entire contract in health insurance The application and policy issued.
underwriting?
6. What entities make up the Medical Information Insurers
Bureau?
7. What is the best way to make a change on an Start over with a fresh application
application for insurance?
8. In health insurance, the policy itself and the in- The entire contract
surance application form what?
9. If an insurer decides to obtain medical informa- The applicant
tion from different sources in order to determine
the insurability of an applicant, who must be no-
tified of the investigation?
10. Who must sign a health insurance application? The policyowner, the insured (if
different), and the agent
, Arkansas Health insurance exam
Study online at https://quizlet.com/_9ze3b1
11. If an underwriter requires extensive information Attending Physicians statement
about the applicant's medical history, what re-
port will best serve this purpose?
12. Who is responsible for paying the cost of a med- Insurer
ical examination required in the process of un-
derwriting?
13. Whose responsibility is it to inform an applicant The agent
for health insurance about the insurer's informa-
tion gathering practices?
14. What type of hospital policy pays a fixed amount Hospital indemnity
each day that the insured is in the hospital?
15. What is the term for a period of time immediately Elimination period
following a disability during which benefits are
not payable?
16. What is the primary purpose of disability income To replace income lost due to a
insurance? disability
17. Who are the parties in a group health contract? The employer and the insurer
18. Under what type of care do insurers negotiate Preferred Provider Organization
contracts with health care providers to allow sub- (PPO)
scribers have access to health care services at a
favorable cost?
19. How are HMO territories typically divided? geographic areas
20. Why do HMOs encourage members to get regu- To help catch health problems
lar checkups? early when treatment has the
, Arkansas Health insurance exam
Study online at https://quizlet.com/_9ze3b1
greatest chance for success (i.e.
preventive care)
21. Who chooses a primary care physician in an HMO The individual member
plan?
22. What is a fee-for-service health plan? Under a fee-for-service plan,
providers receive payments for
each service provided
23. What are the three types of basic medical ex- Hospital, surgical, and medical
pense insurance?
24. What is the capital sum in Accidental Death and A percentage of the principle sum
Dismemberment (AD&D) coverage?
25. What is the main principle of an HMO plan? Preventive care
26. In health insurance, what is considered a sick- An illness that first arises while the
ness? policy is in force
27. What do individual insureds receive as proof of Certificate of insurance
their group health coverage?
28. In what type of health plans are providers paid Prepaid plans
for services in advance, regardless of the services
provided?
29. Can Alzheimer's disease be excluded from cover- No, organic cognitive disorders,
age under a long-term care policy? such as Alzheimer's or Parkinson's
must be covered
30. With key person disability insurance, who pays The business (employer)
the policy premiums?
