NC - Health Insurance - Practice Exam
Questions and Answers Latest Version
Already Passed
In North Carolina, which department regulates health insurance companies?
✔✔ A. North Carolina Department of Insurance
B. Department of Health
C. Federal Reserve
D. Department of Labor
What is a premium?
✔✔ A. Regular payment to keep a policy active
B. A deductible
C. A co-payment
D. An insurance claim
Which of the following is typically covered by a basic health insurance policy?
A. Cosmetic surgery
✔✔ B. Doctor visits
1
,C. Lottery tickets
D. Life coverage
A co-pay is:
✔✔ A. A fixed amount paid at the time of service
B. The monthly premium
C. A discount code
D. The total cost of surgery
Which plan allows out-of-network services but at higher cost?
✔✔ A. PPO
B. HMO
C. POS
D. Medicaid
Which policy type focuses on catastrophic medical expenses with high deductibles?
✔✔ A. Major medical
B. Basic care
2
,C. Short-term care
D. Limited benefit policy
In NC, how long is the grace period for individual health insurance policies after a missed
premium payment?
✔✔ A. 10 days
B. 1 day
C. 30 days
D. 60 days
Who can sell health insurance in North Carolina?
✔✔ A. A licensed producer
B. A hospital receptionist
C. A school nurse
D. A credit union worker
What is coinsurance in a health insurance policy?
✔✔ A. Shared cost between the insurer and the policyholder
3
, B. Penalty for smoking
C. A late fee
D. A monthly policy review
What does an HMO require for specialist visits?
✔✔ A. Referral from primary care doctor
B. Online registration
C. Nothing special
D. A police report
When does a health insurance policy become effective in NC?
✔✔ A. On the date listed in the policy
B. After 90 days
C. After the first claim
D. At the next tax season
A short-term health plan is best for someone who:
✔✔ A. Needs coverage for a few months
4
Questions and Answers Latest Version
Already Passed
In North Carolina, which department regulates health insurance companies?
✔✔ A. North Carolina Department of Insurance
B. Department of Health
C. Federal Reserve
D. Department of Labor
What is a premium?
✔✔ A. Regular payment to keep a policy active
B. A deductible
C. A co-payment
D. An insurance claim
Which of the following is typically covered by a basic health insurance policy?
A. Cosmetic surgery
✔✔ B. Doctor visits
1
,C. Lottery tickets
D. Life coverage
A co-pay is:
✔✔ A. A fixed amount paid at the time of service
B. The monthly premium
C. A discount code
D. The total cost of surgery
Which plan allows out-of-network services but at higher cost?
✔✔ A. PPO
B. HMO
C. POS
D. Medicaid
Which policy type focuses on catastrophic medical expenses with high deductibles?
✔✔ A. Major medical
B. Basic care
2
,C. Short-term care
D. Limited benefit policy
In NC, how long is the grace period for individual health insurance policies after a missed
premium payment?
✔✔ A. 10 days
B. 1 day
C. 30 days
D. 60 days
Who can sell health insurance in North Carolina?
✔✔ A. A licensed producer
B. A hospital receptionist
C. A school nurse
D. A credit union worker
What is coinsurance in a health insurance policy?
✔✔ A. Shared cost between the insurer and the policyholder
3
, B. Penalty for smoking
C. A late fee
D. A monthly policy review
What does an HMO require for specialist visits?
✔✔ A. Referral from primary care doctor
B. Online registration
C. Nothing special
D. A police report
When does a health insurance policy become effective in NC?
✔✔ A. On the date listed in the policy
B. After 90 days
C. After the first claim
D. At the next tax season
A short-term health plan is best for someone who:
✔✔ A. Needs coverage for a few months
4
