Florida 2-40 Health Insurance Exam | 2025/2026
Actual Exam – 85 Verified Questions and Correct
Answers
Florida Health Insurance Agent License (2-40) | Based on State Licensing Requirements | Real
Exam-Based Content | 100% Accuracy | Verified & Graded A+
Introduction
This comprehensive set contains 85 verified multiple-choice questions and correct
answers aligned with the official Florida 2-40 Health Insurance Exam. It covers state
regulations, policy provisions, group health, disability, managed care, and more—updated for
the 2025/2026 exam cycle.
Answer Format
All correct answers are clearly marked in bold and green for efficient review and confident
exam preparation.
Florida 2-40 Health Insurance License Exam | 2025/2026 Verified Q&A | 85
Questions | Graded A+ | Pass with Confidence
Question 1
What is the primary purpose of health insurance in Florida?
A) To cover property damage
B) To provide financial protection against medical expenses
C) To fund retirement plans
D) To pay for automobile repairs
Rationale: Health insurance protects against high medical costs.
Question 2
Which entity regulates health insurance in Florida?
A) Federal Trade Commission
B) Florida Office of Insurance Regulation (OIR)
C) Department of Health and Human Services
D) Securities and Exchange Commission
Rationale: The OIR oversees insurance in Florida.
Question 3
What is a key feature of a group health insurance policy?
A) Individual underwriting
, B) Coverage for a group under one master policy
C) Higher premiums for each member
D) Exclusion of dependents
Rationale: Group policies cover multiple individuals under one plan.
Question 4
What does the elimination period in a disability policy refer to?
A) The maximum benefit period
B) The waiting period before benefits begin
C) The time to renew the policy
D) The premium payment schedule
Rationale: It’s the waiting time before disability benefits start.
Question 5
Which type of health plan involves a network of providers?
A) Indemnity plan
B) Managed care plan
C) Fee-for-service plan
D) Supplemental plan
Rationale: Managed care uses a provider network.
Question 6
What is a common exclusion in health insurance policies?
A) Preventive care
B) Pre-existing conditions (with limitations)
C) Routine checkups
D) Emergency services
Rationale: Pre-existing conditions may be excluded initially.
Question 7
What is the purpose of the Affordable Care Act (ACA) in Florida?
A) To eliminate health insurance
B) To expand access to health coverage and regulate plans
C) To increase out-of-pocket costs
D) To reduce provider networks
Rationale: The ACA aims to improve healthcare access.
Question 8
Which term describes the amount a policyholder pays before insurance coverage begins?
A) Premium
B) Deductible
C) Coinsurance
D) Copayment
Rationale: The deductible is the initial out-of-pocket amount.
Question 9
What is a characteristic of a Health Maintenance Organization (HMO)?
Actual Exam – 85 Verified Questions and Correct
Answers
Florida Health Insurance Agent License (2-40) | Based on State Licensing Requirements | Real
Exam-Based Content | 100% Accuracy | Verified & Graded A+
Introduction
This comprehensive set contains 85 verified multiple-choice questions and correct
answers aligned with the official Florida 2-40 Health Insurance Exam. It covers state
regulations, policy provisions, group health, disability, managed care, and more—updated for
the 2025/2026 exam cycle.
Answer Format
All correct answers are clearly marked in bold and green for efficient review and confident
exam preparation.
Florida 2-40 Health Insurance License Exam | 2025/2026 Verified Q&A | 85
Questions | Graded A+ | Pass with Confidence
Question 1
What is the primary purpose of health insurance in Florida?
A) To cover property damage
B) To provide financial protection against medical expenses
C) To fund retirement plans
D) To pay for automobile repairs
Rationale: Health insurance protects against high medical costs.
Question 2
Which entity regulates health insurance in Florida?
A) Federal Trade Commission
B) Florida Office of Insurance Regulation (OIR)
C) Department of Health and Human Services
D) Securities and Exchange Commission
Rationale: The OIR oversees insurance in Florida.
Question 3
What is a key feature of a group health insurance policy?
A) Individual underwriting
, B) Coverage for a group under one master policy
C) Higher premiums for each member
D) Exclusion of dependents
Rationale: Group policies cover multiple individuals under one plan.
Question 4
What does the elimination period in a disability policy refer to?
A) The maximum benefit period
B) The waiting period before benefits begin
C) The time to renew the policy
D) The premium payment schedule
Rationale: It’s the waiting time before disability benefits start.
Question 5
Which type of health plan involves a network of providers?
A) Indemnity plan
B) Managed care plan
C) Fee-for-service plan
D) Supplemental plan
Rationale: Managed care uses a provider network.
Question 6
What is a common exclusion in health insurance policies?
A) Preventive care
B) Pre-existing conditions (with limitations)
C) Routine checkups
D) Emergency services
Rationale: Pre-existing conditions may be excluded initially.
Question 7
What is the purpose of the Affordable Care Act (ACA) in Florida?
A) To eliminate health insurance
B) To expand access to health coverage and regulate plans
C) To increase out-of-pocket costs
D) To reduce provider networks
Rationale: The ACA aims to improve healthcare access.
Question 8
Which term describes the amount a policyholder pays before insurance coverage begins?
A) Premium
B) Deductible
C) Coinsurance
D) Copayment
Rationale: The deductible is the initial out-of-pocket amount.
Question 9
What is a characteristic of a Health Maintenance Organization (HMO)?
