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Exam (elaborations)

Massachusetts Life and Health Insurance Exam | Questions, Answers & Study Guide

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Massachusetts Life and Health Insurance Exam | Questions, Answers & Study Guide

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Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##




Massachusetts Life and Health
Insurance Exam

(Guaranteed Association) Maximum benefits for any one life- Basic hospital,
medical, and surgical insurance or major medical insurance benefits


Answer:
$500,000


(Guaranteed Association) Maximum benefits for any one life- Disability insurance
benefits


Answer:
$300,000


(Guaranteed Association) Maximum benefits for any one life- Life insurance cash
values


Answer:
$100,000


(Guaranteed Association) Maximum benefits for any one life- Life insurance death
benefits


Answer:




Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##

,Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##




$300,000


(Guaranteed Association) Maximum benefits for any one life- Long Term Care
insurance benefits


Answer:
$300,000


(Guaranteed Association) Maximum benefits for any one life- Other health
insurance benefits


Answer:
$100,000


(Guaranteed Association) Maximum benefits for any one life- Present value on
annuity benefits


Answer:
$250,000


`Roth IRA


Answer:
Contributions not tax deductibe




Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##

,Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##




limits same as IRA


Qualified Distributions are tax free


4 types of medicare advantage plans


Answer:
-Medicare Managed Care Plans
HMO or POS


-PPO
No gate keeper, more cost if outside network


-Private fee for service plans
plans negotiates the fees that providers will be paid


-Medicare Specialty plans
Special needs such as kidney failure


A commissioner must give how many days advance notice of a hearing?


Answer:
21 Days




Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##

, Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##




A- CANHAM Risks


Answer:
Accidental


A- CANHAM Risks


Answer:
Affordable


A- Method of handling risk


Answer:
Avoidance


ACA


Answer:
PPACA, Obamacare, and health care reform


Signed in 2010 with reforms


Additional refrms began jan 2014




Massachusetts Life and
Massachusetts
Health Insurance
Life and
Massachusetts
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance
Life and
Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##
Health Insurance Exam.pdf~~~)@(&(*&#)))))))))))))))))))))))))))))))))#&*(*&(#*^@!!!!!#~@~##

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