Final Exam 1 Iowa Accident and Health
Question and Answers
Dental, Vision, & other Prescription drugs - ANS-Common exclusions to the
continuation of group coverage include
Internal Limit - ANS-Jay was reviewing her health insurance policy and noticed the
phrase " this policy will only pay for a semi private room" this phrase is considered to be
an
Substandard applicants are never decline by underwriters - ANS-which of the following
statements about the classification of applicants is incorrect?
Monthly - ANS-Periodic health claim payment must be made at least
notify an insurer of a claim within a specified time - ANS-The notice of claims provision
requires a policy owner to
Disability income - ANS-A CEO's personal assistant suffered injuries at home, and as a
result, was unable to work for four months. Which type of policy will pay a monthly
benefit to the personal assistant
Gross income at the time of purchase - ANS-With disability income insurance, and
insurance company may limit the monthly benefit amount of prospective policyholder
may obtain because of the insured
Misrepresentation - ANS-Which unfair trade practice involves a producer suggesting
that an insurance policy is like a share of stock?
26 - ANS-Under the affordable care act, health coverage is provided for dependents up
to the age of
68-year-old male covered by Medicare - ANS-Set individual most likely to buy a
Medicare supplement policy would be in
Testing positive for marijuana use from a previous screening - ANS-Which of these was
the medical information bureau identify
Business overhead expense - ANS-Which type of policy would pay an employee salary
if the employer was injured in a bicycle accident and out of work for six weeks?
, Income - ANS-When determining the monthly benefit amount for a disability income
policy, the factor that limits the amount of prospective insured may purchase is
Disability income - ANS-B is a teacher who was injured in a car accident and cannot
work. She is now receiving monthly benefits as a result of this accident. Which type of
policy does B have?
20 - ANS-an insured must notify and insurer of medical claim within days after an
accident
$10,000 - ANS-If an insured receives a cash payment in excess of it must report this act
as stated by the USA patriot act
They are nonprofit organizations - ANS-Which of the following statements is true about
most Blue Cross/Blue Shield organizations
Outline - ANS-when Medicare supplement policy is delivered, disclosure, standards
require that an of coverage be provided to the insured
Misrepresentation - ANS-Convincing a prospective insured to buy land insurance policy
based on exaggerations is called
Rights primarily controlled business - ANS-Are producers license may be suspended or
revoked, if the licensee
6 months - ANS-The maximum time period that pre-existing conditions can be excluded
in long-term care policies is.
Guaranteed - ANS-in Iowa, long-term care policy must be renewable
from the date that the policy was issued - ANS-under an individual health insurance
policy, the time limit of certain defenses provision states that nonfraudulent
misstatements first become incontestable two year
Usual, customary, and reasonable expenses - ANS-Which of the following phrases
refers to the fees charged by a healthcare professional
Wavior or premium - ANS-the provision in a health insurance policy that suspends
premiums being paid to the insurer while the insured is disabled is called the
the employer receives the policy and each employee issued a certificate - ANS-Which
statement is true regarding a group accident & health policy issued to an employer
Unilateral Contracts - ANS-Life and health insurance policies are:
Question and Answers
Dental, Vision, & other Prescription drugs - ANS-Common exclusions to the
continuation of group coverage include
Internal Limit - ANS-Jay was reviewing her health insurance policy and noticed the
phrase " this policy will only pay for a semi private room" this phrase is considered to be
an
Substandard applicants are never decline by underwriters - ANS-which of the following
statements about the classification of applicants is incorrect?
Monthly - ANS-Periodic health claim payment must be made at least
notify an insurer of a claim within a specified time - ANS-The notice of claims provision
requires a policy owner to
Disability income - ANS-A CEO's personal assistant suffered injuries at home, and as a
result, was unable to work for four months. Which type of policy will pay a monthly
benefit to the personal assistant
Gross income at the time of purchase - ANS-With disability income insurance, and
insurance company may limit the monthly benefit amount of prospective policyholder
may obtain because of the insured
Misrepresentation - ANS-Which unfair trade practice involves a producer suggesting
that an insurance policy is like a share of stock?
26 - ANS-Under the affordable care act, health coverage is provided for dependents up
to the age of
68-year-old male covered by Medicare - ANS-Set individual most likely to buy a
Medicare supplement policy would be in
Testing positive for marijuana use from a previous screening - ANS-Which of these was
the medical information bureau identify
Business overhead expense - ANS-Which type of policy would pay an employee salary
if the employer was injured in a bicycle accident and out of work for six weeks?
, Income - ANS-When determining the monthly benefit amount for a disability income
policy, the factor that limits the amount of prospective insured may purchase is
Disability income - ANS-B is a teacher who was injured in a car accident and cannot
work. She is now receiving monthly benefits as a result of this accident. Which type of
policy does B have?
20 - ANS-an insured must notify and insurer of medical claim within days after an
accident
$10,000 - ANS-If an insured receives a cash payment in excess of it must report this act
as stated by the USA patriot act
They are nonprofit organizations - ANS-Which of the following statements is true about
most Blue Cross/Blue Shield organizations
Outline - ANS-when Medicare supplement policy is delivered, disclosure, standards
require that an of coverage be provided to the insured
Misrepresentation - ANS-Convincing a prospective insured to buy land insurance policy
based on exaggerations is called
Rights primarily controlled business - ANS-Are producers license may be suspended or
revoked, if the licensee
6 months - ANS-The maximum time period that pre-existing conditions can be excluded
in long-term care policies is.
Guaranteed - ANS-in Iowa, long-term care policy must be renewable
from the date that the policy was issued - ANS-under an individual health insurance
policy, the time limit of certain defenses provision states that nonfraudulent
misstatements first become incontestable two year
Usual, customary, and reasonable expenses - ANS-Which of the following phrases
refers to the fees charged by a healthcare professional
Wavior or premium - ANS-the provision in a health insurance policy that suspends
premiums being paid to the insurer while the insured is disabled is called the
the employer receives the policy and each employee issued a certificate - ANS-Which
statement is true regarding a group accident & health policy issued to an employer
Unilateral Contracts - ANS-Life and health insurance policies are:
