WI 22-03 Wisconsin Accident and Health Insurance Questions and Answers 2024 Updated

WI 22-03 Wisconsin Accident and Health Insurance Questions and Answers 2024 Updated 8 hours - CORRECT ANSWER-once an individual is licensed for life or accident and health insurance, how many hours of training must the producer complete initially to sell long-term care insurance? 100% - CORRECT ANSWER-S is a sole business proprietor who owns a medical expense plan. What percentage of the cost of the plan may he deduct? A flat amount - CORRECT ANSWER-The benefits for individual disability plans are based on Mental illness - CORRECT ANSWER-in health underwriting, it would be inappropriate to decline a risk using any of the following factors except: Mental illness Genetic characteristics Marital Status Blindness Antibiotics - CORRECT ANSWER-Which of the following hospice expenses would NOT be covered in a cost-containment setting? Special hospital bed Antibiotics Tylenol Morphine The insurer assumes the risk of paying the cost of medical expenses occurring during the policy period - CORRECT ANSWER-What is a characteristic of a conventional fullinsured plan? At least the value of Social Security benefits - CORRECT ANSWER-Under the Age Discrimination in Employment Act, if the obligation of the employer to provide retiree health benefits, what will an individual younger than 65 receive in benefits each year? 60 days - CORRECT ANSWER-If the payment of a specific premium or subscription fee is required to provide coverage for a child, the policy may require that notification of the child's birth and payment of the required premiums or fees be furnished to the insurer within how many days after the date of birth?