Nevada Health Insurance Final Exam 1 | Questions with 100% Correct Answers | Verified | Latest Update 2024

Which law requires the applicant be notified before a consumer report is ordered: - Fair Credit Reporting Act The Insuring Clause of an A&H policy usually states all of the following, EXCEPT: A. That insurance against loss is provided B. That a loss must result directly from stated accidents or sicknesses C. The method of premium payment D. The identities of the insurance company and the insured - C. The method of premium payment Which of the following statements about Medicare is/are true? I. Payments are made directly to the hospital providing services rather than to the insured II. Benefits can continue beyond the hospitalization period - Correct Answer: Both I and II The Misstatement of Age provision gives the insurance company the right to: A. Bring suit for fraud B. Cancel the contract C. Adjust benefits payable D. Reduce dividends payable - C. Adjust benefits payable