Kentucky Health Exam Questions & Answers

The insurer may increase the premium rate after the policy is in effect provided it does so by classes of insureds. - Answer-All of the following statements about noncancellable polices are true EXCEPT A factory worker fractures an elbow while working overtime. - Answer-Which of the following qualifies as a compensable injury under Workers Compensation coverage? Information and Privacy Protection Act - Answer-Which of the following represents certain consumer safeguards enacted by states and patterned after a model act developed by by NAIC? elective indemnity benefit - Answer-The optional short-term disability income benefit that pays a lump sum for specified injuries is called the Health Maintenance Organization - Answer-The type of health care provider that provides both the health care services and the health care coverage is a Limited Policies - Answer-Dread disease, travel accident, vision care, and hospital indemnity policies are all examples of People with any life-threatening condition - Answer-Which of the following are NOT eligible for Medicare coverage? an authorized company - Answer-A company that is licensed to sell insurance in a particular state is Pay indemnities equal to benefits that would have been purchased at the premium paid had the insurer known the facts when the premium was established - Answer-Optional Provisions 1 and 2, addressing changes of occupation and misstatement of age, permit the insurer to do which of the following? Coinsurance - Answer-What term describes the concept that the insurer and the insured share in the cost of medical expenses, with the insurer bearing the greater share? The Master Policyowner - Answer-With regard to group insurance, who has the responsibility to apply for coverage, provide information about the group, maintain the policy, and payment premiums? Trent is the primary beneficiary and Elaine is the contingent beneficiary. - Answer-Trent Bixley is named by the insured, Nancy Bixley, as the first in line to recieve the death