2-40 practice exam health insurance Florida questions
and answers 2026\2027 A+ Grade
Which of the following may qualify as sliding:
- correct answer Adding additional coverage to a policy and indicating that it is included in the original
premium.
Which of the following reimburses its insureds for covered medical expenses?
- correct answer Commercial insurers
After a week in the hospital, Lola receives a bill for $9,000 of covered expenses. Her major medical
policy has a $250 deductible and a 75/25 coinsurance feature. How much of the total expense will Lola's
policy cover?
- correct answer $6,563
Which of the following is known for stressing preventive health care?
- correct answer Health maintenance organizations
Which of the following is an objective of Florida's Long Term Care Partnership Program?
- correct answer To contain the growth of public expenditures by encouraging consumers to purchase
long-term care coverage
Which of the following is CORRECT?
- correct answer Insurance companies have to notify applicants within a few days that a consumer
report has been requested.
A waiver of premium provision may be included with which kind of health insurance policy?
- correct answer Disability income
, On August 1st, Robert completed an application for a major medical policy, gave his agent a check for
the initial premium and received an insurability receipt from the agent. On August 3rd, the agent
submitted Roger's application and premium to the insurance company. On August 6th, Roger was
involved in an accident and admitted to a hospital. On August 12th, the agent received Roger's policy
from the insurance company. Which of the following statements concerning this situation is CORRECT?
- correct answer Roger's coverage began when he received the insurability receipt.
All of the following are mandatory provisions in health insurance policies EXCEPT
- correct answer misstatement of age
Which of the following is NOT a typical type of long-term care coverage?
- correct answer Hospice care
Which of the following is CORRECT about the Fair Credit Reporting Act?
- correct answer It provides insurance companies the ability to view consumers? credit history.
As it pertains to group health insurance, COBRA stipulates that
- correct answer group coverage must be extended for terminated employees up to a certain period of
time at the employee's expense
What does the Buyer's Guide do?
- correct answer It helps buyers choose the most suitable plan.
Beth's health insurance policy contains a provision that allows her to renew coverage up to age 65.
However, the policy also states that should Beth lose her job, the insurance company will cancel the
policy, regardless of Beth's age. In terms of renewability, what type of policy does Beth have?
- correct answer Conditionally renewable
Basic hospital expense insurance provides coverage for all of the following EXCEPT
- correct answer drugs and X-rays
Which is the purpose of insurance?
- correct answer It spreads financial risk over a large group.
and answers 2026\2027 A+ Grade
Which of the following may qualify as sliding:
- correct answer Adding additional coverage to a policy and indicating that it is included in the original
premium.
Which of the following reimburses its insureds for covered medical expenses?
- correct answer Commercial insurers
After a week in the hospital, Lola receives a bill for $9,000 of covered expenses. Her major medical
policy has a $250 deductible and a 75/25 coinsurance feature. How much of the total expense will Lola's
policy cover?
- correct answer $6,563
Which of the following is known for stressing preventive health care?
- correct answer Health maintenance organizations
Which of the following is an objective of Florida's Long Term Care Partnership Program?
- correct answer To contain the growth of public expenditures by encouraging consumers to purchase
long-term care coverage
Which of the following is CORRECT?
- correct answer Insurance companies have to notify applicants within a few days that a consumer
report has been requested.
A waiver of premium provision may be included with which kind of health insurance policy?
- correct answer Disability income
, On August 1st, Robert completed an application for a major medical policy, gave his agent a check for
the initial premium and received an insurability receipt from the agent. On August 3rd, the agent
submitted Roger's application and premium to the insurance company. On August 6th, Roger was
involved in an accident and admitted to a hospital. On August 12th, the agent received Roger's policy
from the insurance company. Which of the following statements concerning this situation is CORRECT?
- correct answer Roger's coverage began when he received the insurability receipt.
All of the following are mandatory provisions in health insurance policies EXCEPT
- correct answer misstatement of age
Which of the following is NOT a typical type of long-term care coverage?
- correct answer Hospice care
Which of the following is CORRECT about the Fair Credit Reporting Act?
- correct answer It provides insurance companies the ability to view consumers? credit history.
As it pertains to group health insurance, COBRA stipulates that
- correct answer group coverage must be extended for terminated employees up to a certain period of
time at the employee's expense
What does the Buyer's Guide do?
- correct answer It helps buyers choose the most suitable plan.
Beth's health insurance policy contains a provision that allows her to renew coverage up to age 65.
However, the policy also states that should Beth lose her job, the insurance company will cancel the
policy, regardless of Beth's age. In terms of renewability, what type of policy does Beth have?
- correct answer Conditionally renewable
Basic hospital expense insurance provides coverage for all of the following EXCEPT
- correct answer drugs and X-rays
Which is the purpose of insurance?
- correct answer It spreads financial risk over a large group.
