Health and Accident*** Questions With
Complete Solutions
The reason for a business having a Business Overhead Expense Disability Plan is
to cover
-the cost of providing group disability insurance to the employees
-fixed business expenses
-the owner's loss of income
-all business-related expenses and salaries
-fixed business expenses
Which of these types of coverage is best described as a short term medical
policy?
- interim coverage
-provisional coverage
- transitional coverage
- conversion coverage
interim coverage
P is a new employee and will be obtaining non-contributory group Major Medical
insurance from her employer. Which of the following actions must she take
during the open enrollment period?
-Authorize for payroll deductions
-Agree to a physical examination
- Sign an enrollment card
-Register with her state of residency
, Sign an enrollment card
Which of these circumstances is a Business Disability Buy-Sell policy designed
to help in the sale of a business?
-Company becoming insolvent
-Death of the business owner
- Business owner becoming disabled
-Key employee becoming disabled
Business owner becoming disabled
The difference between group insurance and blanket health policies is
-Blanket health policies do not issue certificates
- Group health policies do not issue certificates
-Group health plans may be issued to an airline to cover its passengers
-Blanket health policies are sometimes called wholesale plans
Blanket health policies do not issue certificates
The Health Insurance Portability and Accountability Act (HIPAA) gives privacy
protection for
-insolvency
-health information
- financial information
-overinsurance
health information
Which of the following characteristics is associated with a large group disability
income policy?
No waiting periods
No medical underwriting
No elimination periods
No limit of benefits
Complete Solutions
The reason for a business having a Business Overhead Expense Disability Plan is
to cover
-the cost of providing group disability insurance to the employees
-fixed business expenses
-the owner's loss of income
-all business-related expenses and salaries
-fixed business expenses
Which of these types of coverage is best described as a short term medical
policy?
- interim coverage
-provisional coverage
- transitional coverage
- conversion coverage
interim coverage
P is a new employee and will be obtaining non-contributory group Major Medical
insurance from her employer. Which of the following actions must she take
during the open enrollment period?
-Authorize for payroll deductions
-Agree to a physical examination
- Sign an enrollment card
-Register with her state of residency
, Sign an enrollment card
Which of these circumstances is a Business Disability Buy-Sell policy designed
to help in the sale of a business?
-Company becoming insolvent
-Death of the business owner
- Business owner becoming disabled
-Key employee becoming disabled
Business owner becoming disabled
The difference between group insurance and blanket health policies is
-Blanket health policies do not issue certificates
- Group health policies do not issue certificates
-Group health plans may be issued to an airline to cover its passengers
-Blanket health policies are sometimes called wholesale plans
Blanket health policies do not issue certificates
The Health Insurance Portability and Accountability Act (HIPAA) gives privacy
protection for
-insolvency
-health information
- financial information
-overinsurance
health information
Which of the following characteristics is associated with a large group disability
income policy?
No waiting periods
No medical underwriting
No elimination periods
No limit of benefits
