Colorado Accident and Health General State Exam Simulator Questions and Answers Graded A+

Colorado Accident and Health General State Exam Simulator Questions and Answers Graded A+ Which of the following statements about Health Reimbursement Arrangements (HRA) is correct? If the employee paid for qualified medical expenses, the reimbursements may be tax free. Which parts of a health insurance policy are guaranteed to be true? warranty What is usually excluded from medical expense policies? Intentionally self-inflicted injuries insurable interest only needs to exist at the time of application. F Blue Cross/Blue Shield non-profit organizations reimbursement of benefits for the treatment of a beneficiary's injures caused by a third party? subrogation is the right for an insurer to purse a third party the caused an insurance loss to the insured accident policy will most likely pay a benefit for an off-the-job-accident deductibles are used in health policies to lower coinsurance amount must be renewed by the insurer and the premiums can only be increased if applied to the entire class of insureds guaranteed renewable dental care indemnity coverage services are reimbursed after insurer receives the invoice agent authority express, implied, and apparent document NOT required to mention the Colorado fraud statute certificates of authority which of these arrangements allows one to bypass insurable interest laws? investor-originated life insurance sometimes called stranger originated life insurance is used to circumvent state insurable interest statutes. all of the following are considered to be typical characteristics describing nature of an insurance contract except bilateral (unilateral, aleatory, and adhesion are all characteristics of insurance contract) surgeon's fees are not covered under hospitalization expense policy after an insured gives notice of loss what must be done if the insurer does not furnish forms? file written proof of loss medicare is interned for all of the following groups except those enrolled as full-time students disability income policy the ___ acts as a deductible clause deductible period the elimination period serves as the deductible in a disability income policy a characteristic of preferred provider organizations (PPOs) discounted fees for the patient. feed are discounted in return for using listed providers the primary difference between the Colorado partnership LTC policy and the other LTC policies are medicaid assest protection single premium is not used by health insurance policies