NY state insurance license practice exam questions/answers
*A health plan offered by private insurance companies is 1. Social Security 2. Medicaid 3. Medicare 4. a Medicare Supplement - 4. a Medicare Supplement *A hold-harmless clause is an example of risk 1. avoidance 2. retention 3. transfer 4. sharing - 3. transfer (hold-harmless: not liable for injuries or damages caused to the individual signing the contract) *A major medical expense policy typically does NOT 1. contain a deductible 2. have a high limit of coverage 3. contain a coinsurance provision 4. pay surgeon fees on
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a health plan offered by private insurance companies is 1 social security 2 medicaid 3 medicare 4 a medicare supplement 4 a medicare supplement a hold harmless clause is an example of risk 1