PSI Life, Accident, Health Practice Exam Questions and Answers 100% Correct

PSI Life, Accident, Health Practice Exam Questions and Answers
100% Correct

1. Which is an ACCURATE statement regarding benefits of Medicare supple-
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ment and Medicare select plans?
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1
The insurer is able to cancel, or deny renewal of an existing policy, based solely on the heal
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h of the insured.
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2
There is no restriction for benefits after the coverage has been in effect for six months when
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volving a preexisting condition.
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3
The coverage for a loss from an illness or disease is treated differently than for a loss resu
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lting from an injury due to an accident.
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4
The coverage for a spouse cannot be terminated for any reason, including for nonpayment o
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premiums.: 2 h



There is no restriction for benefits after the coverage has been in effect for six months when involv
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g a preexisting condition.
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2. How is the insurance commissioner chosen?
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1
Elected by the people. 2 h h h h



Appointed by the Governor 3 h h h h



Selected by a vote in the House and the Senate. 4
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Randomly selected from a list of qualified candidates.: 1 Elected by the p
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eople.
3. An insurance agent is a person who transacts all of the following types of insurance EX
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CEPT:

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,1
annuities.
2
homeowners.
3
auto insurance. 4
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,life insurance.: 4 lif
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e insurance.
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4. The California Legislature declared all of the following when creating the Healthy Fa
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milies Program EXCEPT: h h




1
that most uninsured children come from low-income families. 2
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lack of educational resources for children and their parents leads to increased medical expe
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ses.
3
that lack of insurance coverage for children results in reduced access to medical services
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4
when a child is seriously ill or injured, the costs of needed medical care can force families
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to financial ruin.: 2
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lack of educational resources for children and their parents leads to increased medical expen
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s.
5. Which of the following BEST defines the general concept of the 24-hour care plan?
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1
It integrates workers compensation medical care with the care provided by group health in
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urance.
2
It provides immediate medical care from any source for injuries on which occur on the job
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.
3
It permits non job related injuries to be treated through the worker?s compen-
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hsation program. h



4
It pays any medical bill from a job related injury for services within the first 24 hours of the in
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ury.: 1 h



It integrates workers compensation medical care with the care provided by group health insura
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, ce.
6. How does an "admitted" person differ from an "nonadmitted" person, as it pertains to i
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nsurance?

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