FL Health Insurance License 240 Practice Exam -
Questions Solved 100% Correct| Newest
2025|Verified Solutions
What was the forerunner to the health savings account (HSA)?
- health maintenance organization (HMO)
- preferred provider organization (PPO)
- medical savings account (MSA)
- provider sponsored organization (PSO) - ✔✔medical savings account (MSA)
Which coverage does a person who is eligible for Medicare buy from a private insurer?
- Medicare Part A
- Medicare Part B
- Medicare Advantage
- Medicaid - ✔✔Medicare Advantage
For purposes of group health insurance, a small employer is defined in Florida as any
person or entity that employs no more than how many employees?
- 100
- 50
- 20
- 2 - ✔✔50
,Which of the following optional health insurance policy provisions applies specifically to
disability income insurance policies?
- the relation of earnings to insurance provision
- the unpaid premium provision
- the cancellation provision
- the conformity with state statutes provision - ✔✔the relation of earnings to
insurance provision
Gracie has a Medicare Advantage policy and needs emergency care while traveling.
However, there are no network providers nearby. What should she do?
- delay treatment until she locates a provider within the network
- see any suitable provider even if outside the network
- seek a provider in another network
- submit her expenses to her insurer for reimbursement - ✔✔see any suitable
provider even if outside the network
Which is NOT considered an activity of daily living (ADL) for purposes of qualifying for
long-term care insurance benefits?
- eating
- dressing
- bathing
- driving - ✔✔driving
,HMOs operate within geographic areas that are called:
- provider networks
- service areas
- covered areas
- managed care areas - ✔✔service areas
HIPAA guarantees the availability of health insurance coverage in the individual market
for eligible individuals who have had at least how many months of aggregate creditable
coverage?
-6
- 12
- 18
- 24 - ✔✔18
What kind of policy only covers cancer, stroke, heart attack, and Parkinson's disease?
- medical surgical expense policy
- catastrophic medical policy
-limited disability policy
- specified disease policy - ✔✔specified disease policy
Eddie bought a Medicare supplement policy five years ago and now suffers from
dementia. What can the insurer do in light of Eddie's current health status?
, - cancel the policy
- increase the premium
- decrease the amount of coverage
- keep the policy in force - ✔✔keep the policy in force
In 2006, federal legislation expanded Medicare to provide prescription drug coverage
through:
- Part C
- a revised Medigap program
- Part D
- Part A - ✔✔Part D
Which statement about maternity coverage in group and individual health plans is
correct?
- Individual and group plans must cover maternity care.
- Individual and group plans that cover maternity care must cover the services of
midwives and birth centers.
- Individual and group plans must provide up to $10,000 in benefits for maternity care.
- Individual and group plans that cover maternity care may limit the length of hospital
stays. - ✔✔Individual and group plans that cover maternity care must cover the
services of midwives and birth centers.
Which statement accurately describes the MIB (Medical Information Bureau)?
- It contains the complete medical history of insurance applicants.
Questions Solved 100% Correct| Newest
2025|Verified Solutions
What was the forerunner to the health savings account (HSA)?
- health maintenance organization (HMO)
- preferred provider organization (PPO)
- medical savings account (MSA)
- provider sponsored organization (PSO) - ✔✔medical savings account (MSA)
Which coverage does a person who is eligible for Medicare buy from a private insurer?
- Medicare Part A
- Medicare Part B
- Medicare Advantage
- Medicaid - ✔✔Medicare Advantage
For purposes of group health insurance, a small employer is defined in Florida as any
person or entity that employs no more than how many employees?
- 100
- 50
- 20
- 2 - ✔✔50
,Which of the following optional health insurance policy provisions applies specifically to
disability income insurance policies?
- the relation of earnings to insurance provision
- the unpaid premium provision
- the cancellation provision
- the conformity with state statutes provision - ✔✔the relation of earnings to
insurance provision
Gracie has a Medicare Advantage policy and needs emergency care while traveling.
However, there are no network providers nearby. What should she do?
- delay treatment until she locates a provider within the network
- see any suitable provider even if outside the network
- seek a provider in another network
- submit her expenses to her insurer for reimbursement - ✔✔see any suitable
provider even if outside the network
Which is NOT considered an activity of daily living (ADL) for purposes of qualifying for
long-term care insurance benefits?
- eating
- dressing
- bathing
- driving - ✔✔driving
,HMOs operate within geographic areas that are called:
- provider networks
- service areas
- covered areas
- managed care areas - ✔✔service areas
HIPAA guarantees the availability of health insurance coverage in the individual market
for eligible individuals who have had at least how many months of aggregate creditable
coverage?
-6
- 12
- 18
- 24 - ✔✔18
What kind of policy only covers cancer, stroke, heart attack, and Parkinson's disease?
- medical surgical expense policy
- catastrophic medical policy
-limited disability policy
- specified disease policy - ✔✔specified disease policy
Eddie bought a Medicare supplement policy five years ago and now suffers from
dementia. What can the insurer do in light of Eddie's current health status?
, - cancel the policy
- increase the premium
- decrease the amount of coverage
- keep the policy in force - ✔✔keep the policy in force
In 2006, federal legislation expanded Medicare to provide prescription drug coverage
through:
- Part C
- a revised Medigap program
- Part D
- Part A - ✔✔Part D
Which statement about maternity coverage in group and individual health plans is
correct?
- Individual and group plans must cover maternity care.
- Individual and group plans that cover maternity care must cover the services of
midwives and birth centers.
- Individual and group plans must provide up to $10,000 in benefits for maternity care.
- Individual and group plans that cover maternity care may limit the length of hospital
stays. - ✔✔Individual and group plans that cover maternity care must cover the
services of midwives and birth centers.
Which statement accurately describes the MIB (Medical Information Bureau)?
- It contains the complete medical history of insurance applicants.
