ARKANSAS HEALTH INSURANCE
EXAM 2025 QUESTIONS AND
ANSWERS
If an agent makes a correction on the application for health insurance, who must
initial the correct answer? - ....ANSWER ...-The applicant
What is the term used for a written request for an insurer to issue an insurance
contract based on the provided information? - ....ANSWER ...-Application
What information are the members of the Medical Information Bureau required to
report? - ....ANSWER ...-Adverse medical information about the applicants
or insured.
When should an agent obtain a Statement of Good Health from the insured? -
....ANSWER ...-When the premium was paid upon policy delivery and not
the time of application.
What is the entire contract in health insurance underwriting? -
....ANSWER ...-The application and policy issued.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,What entities make up the Medical Information Bureau? - ....ANSWER ...-
Insurers
What is the best way to make a change on an application for insurance? -
....ANSWER ...-Start over with a fresh application
In health insurance, the policy itself and the insurance application form what? -
....ANSWER ...-The entire contract
If an insurer decides to obtain medical information from different sources in order
to determine the insurability of an applicant, who must be notified of the
investigation? - ....ANSWER ...-The applicant
Who must sign a health insurance application? - ....ANSWER ...-The
policyowner, the insured (if different), and the agent
If an underwriter requires extensive information about the applicant's medical
history, what report will best serve this purpose? - ....ANSWER ...-Attending
Physicians statement
Who is responsible for paying the cost of a medical examination required in the
process of underwriting? - ....ANSWER ...-Insurer
Whose responsibility is it to inform an applicant for health insurance about the
insurer's information gathering practices? - ....ANSWER ...-The agent
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, What type of hospital policy pays a fixed amount each day that the insured is in the
hospital? - ....ANSWER ...-Hospital indemnity
What is the term for a period of time immediately following a disability during
which benefits are not payable? - ....ANSWER ...-Elimination period
What is the primary purpose of disability income insurance? -
....ANSWER ...-To replace income lost due to a disability
Who are the parties in a group health contract? - ....ANSWER ...-The
employer and the insurer
Under what type of care do insurers negotiate contracts with health care providers
to allow subscribers have access to health care services at a favorable cost? -
....ANSWER ...-Preferred Provider Organization (PPO)
How are HMO territories typically divided? - ....ANSWER ...-geographic
areas
Why do HMOs encourage members to get regular checkups? -
....ANSWER ...-To help catch health problems early when treatment has the
greatest chance for success (i.e. preventive care)
Who chooses a primary care physician in an HMO plan? - ....ANSWER ...-
The individual member
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
EXAM 2025 QUESTIONS AND
ANSWERS
If an agent makes a correction on the application for health insurance, who must
initial the correct answer? - ....ANSWER ...-The applicant
What is the term used for a written request for an insurer to issue an insurance
contract based on the provided information? - ....ANSWER ...-Application
What information are the members of the Medical Information Bureau required to
report? - ....ANSWER ...-Adverse medical information about the applicants
or insured.
When should an agent obtain a Statement of Good Health from the insured? -
....ANSWER ...-When the premium was paid upon policy delivery and not
the time of application.
What is the entire contract in health insurance underwriting? -
....ANSWER ...-The application and policy issued.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,What entities make up the Medical Information Bureau? - ....ANSWER ...-
Insurers
What is the best way to make a change on an application for insurance? -
....ANSWER ...-Start over with a fresh application
In health insurance, the policy itself and the insurance application form what? -
....ANSWER ...-The entire contract
If an insurer decides to obtain medical information from different sources in order
to determine the insurability of an applicant, who must be notified of the
investigation? - ....ANSWER ...-The applicant
Who must sign a health insurance application? - ....ANSWER ...-The
policyowner, the insured (if different), and the agent
If an underwriter requires extensive information about the applicant's medical
history, what report will best serve this purpose? - ....ANSWER ...-Attending
Physicians statement
Who is responsible for paying the cost of a medical examination required in the
process of underwriting? - ....ANSWER ...-Insurer
Whose responsibility is it to inform an applicant for health insurance about the
insurer's information gathering practices? - ....ANSWER ...-The agent
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, What type of hospital policy pays a fixed amount each day that the insured is in the
hospital? - ....ANSWER ...-Hospital indemnity
What is the term for a period of time immediately following a disability during
which benefits are not payable? - ....ANSWER ...-Elimination period
What is the primary purpose of disability income insurance? -
....ANSWER ...-To replace income lost due to a disability
Who are the parties in a group health contract? - ....ANSWER ...-The
employer and the insurer
Under what type of care do insurers negotiate contracts with health care providers
to allow subscribers have access to health care services at a favorable cost? -
....ANSWER ...-Preferred Provider Organization (PPO)
How are HMO territories typically divided? - ....ANSWER ...-geographic
areas
Why do HMOs encourage members to get regular checkups? -
....ANSWER ...-To help catch health problems early when treatment has the
greatest chance for success (i.e. preventive care)
Who chooses a primary care physician in an HMO plan? - ....ANSWER ...-
The individual member
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
