WV HEALTH INSURANCE FINAL EXAM|GUARANTEED EXAM QUESTIONS WITH ACCURATE ANSWERS

WV HEALTH INSURANCE FINAL EXAM WV HEALTH INSURANCE FINAL EXAM|GUARANTEED EXAM QUESTIONS WITH ACCURATE ANSWERS Which of the following will vary the length of the grace period in health insurance policies? - Accurate AnswerB) The mode of the premium payment. Which of the following is NOT covered under a long-term care policy? - Accurate AnswerA) Acute care in a hospital Which of the following statements pertaining to Medicare Part A is correct? - Accurate AnswerC) Individuals who have ALS automatically qualify for Medicare Part A, regardless of age. Don has both a basic expense and a major medical policy. He is injured in an accident, which requires several major surgeries. This quickly exhausts Don's basic medical expense policy. What must Don do before his major medical policy can pick up where the basic expense policy left off? - Accurate AnswerB) Pay a special deductible on his major medical policy. In which Medicare supplemental policies are the core benefits found? - Accurate AnswerB) All plans When Linda suffered a broken hip, she notified her agent, in writing, within 12 days of the loss. However, her agent did not notify the insurance company until 60 days after the loss. Which of the following statements correctly explains how this claim would be handled? - Accurate AnswerC) The insurer is considered to be notified since the notification to agent equals notification to the insurer. What document describes an insured's medical history, including diagnoses and treatments? - Accurate AnswerC) Attending physician's Statement. If an insured changes the premium payment mode from monthly to annually, what happens to the total premium? - Accurate AnswerC) Decreases.