Arkansas Health Insurance Complete
Accurate Exam Questions With 100% Correct
Detailed Verified Answers latest update
2025
A person covered with an individual health plan
is issued a policy
is issued a certificate of medical costs
does not contract directly with the insurance company
is not subject to medical underwriting --- correct answer ---Is issued a
policy
Which of the following is typically NOT eligible for coverage in a group
health policy?
Full-time employee
Temporary employee
Business owner
Partner in a partnership --- correct answer ---Temporary Employee
,How many employees must an employer have for a terminated employee to
be eligible for COBRA?
20
30
40
50 --- correct answer ---20 employees
The election of COBRA for continuation of health coverage will
increase the coverage and lower premium
maintain the same coverage and increase premium
increase out-of-pocket costs and lower premium
decrease out-of-pocket costs and maintain same premium --- correct answer
---maintain the same coverage and increase premium
Justin is receiving disability income benefits from a group policy paid for by
his employer. How are these benefits treated for tax purposes?
Partially taxable income
Non-taxable income
Taxable income
,Conditionally taxable income --- correct answer ---Taxable income
Health insurance involves two perils, accident and
death
sickness
disability
liability --- correct answer ---sickness
The limited period of time given to all members to sign up for a group
health plan is called the
enlistment period
sign-up period
probationary period
enrollment period --- correct answer ---enrollment period
Under group health insurance, a certificate of coverage is issued to the
emplover
employee
producer
, sponsor --- correct answer ---Employee
Which of the following would evidence ownership in a participating health
insurance contract?
Stock ownership
Irrevocable beneficiary status
Policy ownership
Collateral assignment --- correct answer ---Policy ownership
If an employee contributes 50% toward the disability plan premium
provided by an employer, what would be considered the taxable income of a
$1,000 monthly disability benefit?
$100
$250
$500
$1,000 --- correct answer ---$500
Which of the following does Coordination of Benefits allow?
Accurate Exam Questions With 100% Correct
Detailed Verified Answers latest update
2025
A person covered with an individual health plan
is issued a policy
is issued a certificate of medical costs
does not contract directly with the insurance company
is not subject to medical underwriting --- correct answer ---Is issued a
policy
Which of the following is typically NOT eligible for coverage in a group
health policy?
Full-time employee
Temporary employee
Business owner
Partner in a partnership --- correct answer ---Temporary Employee
,How many employees must an employer have for a terminated employee to
be eligible for COBRA?
20
30
40
50 --- correct answer ---20 employees
The election of COBRA for continuation of health coverage will
increase the coverage and lower premium
maintain the same coverage and increase premium
increase out-of-pocket costs and lower premium
decrease out-of-pocket costs and maintain same premium --- correct answer
---maintain the same coverage and increase premium
Justin is receiving disability income benefits from a group policy paid for by
his employer. How are these benefits treated for tax purposes?
Partially taxable income
Non-taxable income
Taxable income
,Conditionally taxable income --- correct answer ---Taxable income
Health insurance involves two perils, accident and
death
sickness
disability
liability --- correct answer ---sickness
The limited period of time given to all members to sign up for a group
health plan is called the
enlistment period
sign-up period
probationary period
enrollment period --- correct answer ---enrollment period
Under group health insurance, a certificate of coverage is issued to the
emplover
employee
producer
, sponsor --- correct answer ---Employee
Which of the following would evidence ownership in a participating health
insurance contract?
Stock ownership
Irrevocable beneficiary status
Policy ownership
Collateral assignment --- correct answer ---Policy ownership
If an employee contributes 50% toward the disability plan premium
provided by an employer, what would be considered the taxable income of a
$1,000 monthly disability benefit?
$100
$250
$500
$1,000 --- correct answer ---$500
Which of the following does Coordination of Benefits allow?
