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NC Medicare Supplement & Long-Term Care Insurance Licensing || with Complete Solutions.
Medicare correct answers Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS correct answers Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC correct answers Medicare Administrative Contractor - company contracted ...
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- Exam (elaborations)
- • 10 pages •
Medicare correct answers Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS correct answers Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC correct answers Medicare Administrative Contractor - company contracted ...
NC Medicare Supplement & Long-Term Care Insurance Licensing || with A+ Guaranteed Solutions.
Medicare correct answers Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS correct answers Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC correct answers Medicare Administrative Contractor - company contracted ...
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- Exam (elaborations)
- • 10 pages •
Medicare correct answers Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS correct answers Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC correct answers Medicare Administrative Contractor - company contracted ...
NC Medicare and Medicaid Basics || A+ Verified Solutions.
*Group health insurance* is a key aspect of the health insurance market, and it is available to employer groups. correct answers Mike and Joyce's medical expense insurance coverage is provided by their employer, Acme MFG, Inc. As such, how is their insurance provided? A group health plan that offers dependent coverage must continue such coverage for an employee's adult child until the child turns *26 years old*, whether or not the child is married. correct answers Under the Patient Protecti...
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- Exam (elaborations)
- • 9 pages •
*Group health insurance* is a key aspect of the health insurance market, and it is available to employer groups. correct answers Mike and Joyce's medical expense insurance coverage is provided by their employer, Acme MFG, Inc. As such, how is their insurance provided? A group health plan that offers dependent coverage must continue such coverage for an employee's adult child until the child turns *26 years old*, whether or not the child is married. correct answers Under the Patient Protecti...
NC Long Term Care || with Complete Solutions.
Supportive services provided by qualified para-professionals who are trained, equipped, assigned, and supervised by professionals within an agency to help maintain, strengthen, and safeguard the care of the elderly in their own homes is called correct answers Homemaker services. Homemaker service standards must, at a minimum, meet standards established by the North Carolina Division of Social Services and may include assistance in management of household budgets, planning nutritious meals, pu...
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- Exam (elaborations)
- • 9 pages •
Supportive services provided by qualified para-professionals who are trained, equipped, assigned, and supervised by professionals within an agency to help maintain, strengthen, and safeguard the care of the elderly in their own homes is called correct answers Homemaker services. Homemaker service standards must, at a minimum, meet standards established by the North Carolina Division of Social Services and may include assistance in management of household budgets, planning nutritious meals, pu...
NC Life insurance state exam study guideline || A+ Guaranteed.
Term Insurance correct answers Used for Temporary Situations. Net cost highest in the long run. Premiums goes up every year based on current (attained)age. Term Insurance correct answers Expire's at a certain age/Time in the future. May be renewable up to a certain age or date with out a phyical Exam. Level Term Insurance correct answers Term insurance can be Renewed annually. Has a level Face Amount at renewal, Premiums goes up. Can be purchased for a Year or as often as 5, 10, 15, to 20...
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- Exam (elaborations)
- • 14 pages •
Term Insurance correct answers Used for Temporary Situations. Net cost highest in the long run. Premiums goes up every year based on current (attained)age. Term Insurance correct answers Expire's at a certain age/Time in the future. May be renewable up to a certain age or date with out a phyical Exam. Level Term Insurance correct answers Term insurance can be Renewed annually. Has a level Face Amount at renewal, Premiums goes up. Can be purchased for a Year or as often as 5, 10, 15, to 20...
NC Life Insurance Practice Exam Questions || A+ Verified Solutions.
All of the following are included within the Insurance Commissioner's duties EXCEPT a) Conducting investigation of all domestic insurers. b) Reviewing the insurers' annual reports. c) Writing North Carolina insurance laws. d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. correct answers c) Writing North Carolina insurance laws. Writing insurance law is not the Ins...
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- • 31 pages •
All of the following are included within the Insurance Commissioner's duties EXCEPT a) Conducting investigation of all domestic insurers. b) Reviewing the insurers' annual reports. c) Writing North Carolina insurance laws. d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. correct answers c) Writing North Carolina insurance laws. Writing insurance law is not the Ins...
NC Health Insurance || with 100% Accurate Solutions.
risk avoidance correct answers occurs when individuals evade risk entirely risk reduction correct answers occurs when chances of risk are lessened risk retention correct answers is being aware of the risks involved and taking precautions for financial protection. risk transference correct answers is the act of shifting the responsibility of risk to another in the form of an insurance contract. physical correct answers A bodily disease of endangerment, such as cancer, presents a _____...
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- Exam (elaborations)
- • 17 pages •
risk avoidance correct answers occurs when individuals evade risk entirely risk reduction correct answers occurs when chances of risk are lessened risk retention correct answers is being aware of the risks involved and taking precautions for financial protection. risk transference correct answers is the act of shifting the responsibility of risk to another in the form of an insurance contract. physical correct answers A bodily disease of endangerment, such as cancer, presents a _____...
NC Health Insurance Exam || A Verified A+ Pass.
Definitions - Broker correct answers Means a person who, being a licensed agent, procures insurance for a party other than himself through a duly authorized agent or an insurer that is licensed to do business in this State bur for which the broker is not authorized to act as an agent. Definitions - Limited Representative correct answers Means a person is authorized by the Commissioner (Wayne Goodwin) to solicit or negotiate contracts for particular kinds of insurance (Motor Club, Dental, Trav...
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- Exam (elaborations)
- • 4 pages •
Definitions - Broker correct answers Means a person who, being a licensed agent, procures insurance for a party other than himself through a duly authorized agent or an insurer that is licensed to do business in this State bur for which the broker is not authorized to act as an agent. Definitions - Limited Representative correct answers Means a person is authorized by the Commissioner (Wayne Goodwin) to solicit or negotiate contracts for particular kinds of insurance (Motor Club, Dental, Trav...
NC health insurance final exam practice pt 2 || A+ Guaranteed.
Which of the following is not one of the 12 required provisions for health insurance policies set forth by the NAIC? correct answers waiver of premium provision Medical expense policies cover a wide range of services and care. The way in which they cover the cost of these services and the way in which covered care services are delivered depends on which of the following? correct answers the plan or policy Which statement about disability reducing term insurance policies is NOT correct?...
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- Exam (elaborations)
- • 8 pages •
Which of the following is not one of the 12 required provisions for health insurance policies set forth by the NAIC? correct answers waiver of premium provision Medical expense policies cover a wide range of services and care. The way in which they cover the cost of these services and the way in which covered care services are delivered depends on which of the following? correct answers the plan or policy Which statement about disability reducing term insurance policies is NOT correct?...
NC Health Insurance || All Questions Answered Correctly.
Which of the following provides coverage on a first-dollar basis? correct answers Basic expense. Which of the following answers does NOT describe the principal goal of a Preferred Provider Organization? correct answers Provide medical services only from physicians in the network. A small business owner is the insured under a disability policy that funds a buy-sell agreement. If the owner dies or becomes disabled, the policy would provide which of the following? correct answers Cash to the ...
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- Exam (elaborations)
- • 6 pages •
Which of the following provides coverage on a first-dollar basis? correct answers Basic expense. Which of the following answers does NOT describe the principal goal of a Preferred Provider Organization? correct answers Provide medical services only from physicians in the network. A small business owner is the insured under a disability policy that funds a buy-sell agreement. If the owner dies or becomes disabled, the policy would provide which of the following? correct answers Cash to the ...
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