Exam Simulator - Colorado Accident and
Health General State Exam Simulator
with correct answers
Which of the following statements about Health Reimbursement Arrangements (HRA) is
correct? - correct answers✔✔If the employee paid for qualified medical expenses, the
reimbursements may be tax free.
Which parts of a health insurance policy are guaranteed to be true? - correct
answers✔✔warranty
What is usually excluded from medical expense policies? - correct
answers✔✔Intentionally self-inflicted injuries
insurable interest only needs to exist at the time of application. - correct answers✔✔F
Blue Cross/Blue Shield - correct answers✔✔non-profit organizations
reimbursement of benefits for the treatment of a beneficiary's injures caused by a third
party? - correct answers✔✔subrogation is the right for an insurer to purse a third party
the caused an insurance loss to the insured
accident policy will most likely pay a benefit for an - correct answers✔✔off-the-job-
accident
deductibles are used in health policies to lower - correct answers✔✔coinsurance
amount
must be renewed by the insurer and the premiums can only be increased if applied to
the entire class of insureds - correct answers✔✔guaranteed renewable
dental care indemnity coverage - correct answers✔✔services are reimbursed after
insurer receives the invoice
agent authority - correct answers✔✔express, implied, and apparent
document NOT required to mention the Colorado fraud statute - correct
answers✔✔certificates of authority
Health General State Exam Simulator
with correct answers
Which of the following statements about Health Reimbursement Arrangements (HRA) is
correct? - correct answers✔✔If the employee paid for qualified medical expenses, the
reimbursements may be tax free.
Which parts of a health insurance policy are guaranteed to be true? - correct
answers✔✔warranty
What is usually excluded from medical expense policies? - correct
answers✔✔Intentionally self-inflicted injuries
insurable interest only needs to exist at the time of application. - correct answers✔✔F
Blue Cross/Blue Shield - correct answers✔✔non-profit organizations
reimbursement of benefits for the treatment of a beneficiary's injures caused by a third
party? - correct answers✔✔subrogation is the right for an insurer to purse a third party
the caused an insurance loss to the insured
accident policy will most likely pay a benefit for an - correct answers✔✔off-the-job-
accident
deductibles are used in health policies to lower - correct answers✔✔coinsurance
amount
must be renewed by the insurer and the premiums can only be increased if applied to
the entire class of insureds - correct answers✔✔guaranteed renewable
dental care indemnity coverage - correct answers✔✔services are reimbursed after
insurer receives the invoice
agent authority - correct answers✔✔express, implied, and apparent
document NOT required to mention the Colorado fraud statute - correct
answers✔✔certificates of authority
