Colorado Health Insurance Exam Test
Bank |280 Updated Questions with
Verified Answers.
Colorado producers selling health insurance must provide
disclosure regarding all of the following types of compensation,
except: Contingent compensation
What is the primary source of underwriting information for an
individual health insurance policy? The application
_______ income benefits received by an employee are subject to
taxation in proportion to the amount of premium that the
employer paid. That income attributable to the employee's
premium is not taxable. Disability
A qualified Long-Term Care Policy may exclude losses incurred
from preexisting conditions for no longer than ______ months from
the effective date of coverage. 6
Medicaid is a federal program that is administered by the _______
government. STATE
,If an individual starts receiving Social Security retirement benefits
at age 62, when are they eligible for Part A benefits?
Automatically at age 65
Which of the following Medicare Supplement policies have Core
Benefits? Plans A through N
When must an insurer provide a Medicare Supplement Buyer's
Guide and an Outline of Coverage? At the time of application
In order for a claimant to be eligible for _______ benefits, they must
qualify based upon need. Medicaid
Which of the following would be considered a pre-existing
condition? Diabetes
The agent's primary underwriting role is: To make sure the
application provides the proper information
During the underwriting process, an underwriter was alerted that
the applicant previously failed a medical exam by testing positive
for marijuana while applying for a disability income policy 2 years
,ago. Which of the following sources provides this type of
information to assist member companies when determining the
eligibility of an individual risk? Medical Information Bureau
The insurer's underwriter may find information about an
applicant's moral character, hobbies, work and general reputation
from a: Consumer Investigative Report
Which one of the following is not a factor when an insurer
underwrites a policy? Marital status
After K completed an application for health insurance, a
paramedical scheduled an appointment to check height, weight,
blood pressure, and collect blood and urine samples. This is an
example of which source of underwriting? Medical exam
An applicant for accident and health insurance works two jobs.
Which of the applicant's jobs will be used to underwrite the
policy? The most hazardous of the two
Which of the following items does not become part of the
insurance contract as defined in the entire contract clause?
The agent's report
, Which of the following is not considered an underwriting factor
when determining insurability for health insurance? Spouse's
occupation
If a premium is collected at the time of the application, the
producer will issue a: Conditional receipt
An application for health insurance includes all of the following
information, except: Attending physician's statement
When Harry completed his insurance application, the agent
discovered that he was under treatment for a chronic condition. In
order to gather the necessary information, Harry's agent ordered
a/an: An attending physician statement
If a change or correction must be made on the application for
insurance, which of the following applies? The Producer can
make the change and have the insured initial the change
Which of the following has primary responsibility for ensuring that
the application is filled out completely? Producer
Bank |280 Updated Questions with
Verified Answers.
Colorado producers selling health insurance must provide
disclosure regarding all of the following types of compensation,
except: Contingent compensation
What is the primary source of underwriting information for an
individual health insurance policy? The application
_______ income benefits received by an employee are subject to
taxation in proportion to the amount of premium that the
employer paid. That income attributable to the employee's
premium is not taxable. Disability
A qualified Long-Term Care Policy may exclude losses incurred
from preexisting conditions for no longer than ______ months from
the effective date of coverage. 6
Medicaid is a federal program that is administered by the _______
government. STATE
,If an individual starts receiving Social Security retirement benefits
at age 62, when are they eligible for Part A benefits?
Automatically at age 65
Which of the following Medicare Supplement policies have Core
Benefits? Plans A through N
When must an insurer provide a Medicare Supplement Buyer's
Guide and an Outline of Coverage? At the time of application
In order for a claimant to be eligible for _______ benefits, they must
qualify based upon need. Medicaid
Which of the following would be considered a pre-existing
condition? Diabetes
The agent's primary underwriting role is: To make sure the
application provides the proper information
During the underwriting process, an underwriter was alerted that
the applicant previously failed a medical exam by testing positive
for marijuana while applying for a disability income policy 2 years
,ago. Which of the following sources provides this type of
information to assist member companies when determining the
eligibility of an individual risk? Medical Information Bureau
The insurer's underwriter may find information about an
applicant's moral character, hobbies, work and general reputation
from a: Consumer Investigative Report
Which one of the following is not a factor when an insurer
underwrites a policy? Marital status
After K completed an application for health insurance, a
paramedical scheduled an appointment to check height, weight,
blood pressure, and collect blood and urine samples. This is an
example of which source of underwriting? Medical exam
An applicant for accident and health insurance works two jobs.
Which of the applicant's jobs will be used to underwrite the
policy? The most hazardous of the two
Which of the following items does not become part of the
insurance contract as defined in the entire contract clause?
The agent's report
, Which of the following is not considered an underwriting factor
when determining insurability for health insurance? Spouse's
occupation
If a premium is collected at the time of the application, the
producer will issue a: Conditional receipt
An application for health insurance includes all of the following
information, except: Attending physician's statement
When Harry completed his insurance application, the agent
discovered that he was under treatment for a chronic condition. In
order to gather the necessary information, Harry's agent ordered
a/an: An attending physician statement
If a change or correction must be made on the application for
insurance, which of the following applies? The Producer can
make the change and have the insured initial the change
Which of the following has primary responsibility for ensuring that
the application is filled out completely? Producer
