Exam Newest /Maryland Laws And Rules
Pertinent To Insurance Exam Preparation/
Maryland Laws And Rules Pertinent To Insurance
Practice Exam With 50 Complete Questions And
Correct Answers
Health plans purchased before which date are grandfathered and do not
have to follow the ACA's rules and regulations? - answer :-March 23, 2010
Which license is REQUIRED in order to solicit Long Term Care insurance
in the State of Maryland? - answer :-Health Insurance Producer License
Beginning January 1, 2014, which of the following factors are acceptable in
the rating of small group health insurance? - answer :-Tobacco use
At the option of the insurer, a separate converted policy may be issued to
cover - answer :-a dependent
A nonprofit health service plan may NOT issue a contract that covers which
of the following types of benefits - answer :-Disability income benefits
The Maryland Health Insurance Plan is designed to provide comprehensive
health benefits for - answer :-medically uninsurable Maryland residents
, Where on the policy form should individual long-term care insurance
policies contain an appropriate captioned renewability provision? -
answer :-On the first page
The prescription of a drug for a treatment other than those treatments
stated in the labeling approved by the Federal Food and Drug
Administration is known as - answer :-off-label use
In the health insurance policy, when should the written notice of claim be
given to the insurer? - answer :-Within 20 days after the occurrence or
commencement of any loss covered by the policy
After the date of marriage, an insurer is REQUIRED to provide what
MINIMUM period of time for an employee to add a new spouse to a small
group health plan? - answer :-60 days
A SHOP Exchange Navigator may seek to replace a health benefit plan
already offered by a small employer if - answer :-the small employer is
eligible for a Federal tax credit available only through the SHOP Exchange
An insurer may NOT issue which type of contract? - answer :-An HMO
contract
An insurance producer is BEST defined as - answer :-a person who has a
contract with an insurance company to represent it
A person who, for a fee, gives advice or recommendations on benefits
provided by an insurance contract is called - answer :-an advisor