Florida Agent's Health Insurance General Knowledge-Types of Policies Questions and Correct Answers

Florida Agent's Health Insurance General Knowledge-Types of Policies Questions and Correct Answers Short Term Medical Insurance A plan designed to provide temporary coverage fro people in transition. Abailable fo terms from 1 month to 11 months. Are not regulated by the Affordable Health Care Act. Enorllment is not limited but they do not meet the requiremnts of federally mandated health insurance converage. Accident-Only Policies Limited Policies and provide coverage for death, dismemberment, disability or hospital expense policy and will only pay for losses resulting from accidents and NOT SICKNESS. Medical Expense Insurance Provide benefits for the cost of medical care that results from injury, accidents, or sickness. Medical Expense Basic Coverages 1. Hospital 2. Surgical 3. Medical These are also referred to as First-Dollar Coverages as they do not require that the insured pay a deductible. Basic HOSPITAL Expense Coverage Cover Hospital room and board and misc. hospital expenses such as lab and x-Ray charges, medicines, use of operating room and supplies while the insured is confined in the hospital. THERE IS NO DEDUCTIBLE and limits on Room and Board are specified in days. Basic MEDICAL Expense Coverage AKA Basic Physicians