Accident and Health Exam
Q&A
Credit Accident and Health plans are designed to - answer-help pay off existing loans
during periods of disability
Mark continues working after the age of 65 and is covered through his employer's group
health plan. Which of the following statements is TRUE? - answer-Medicare is the
secondary payer
The election of COBRA for continuation of health coverage will - answer-maintain the
same coverage and increase premium
Minimum participation standards exist for group health insurance plans in order to: -
answer-prevent adverse selection
Buy-sell plans are typically funded by which two types of insurance? - answer-Life
insurance and disability insurance
How many employees must an employer have for a terminated employee to be eligible
for COBRA? - answer-20
Which of the following is NOT typically covered under vision care insurance? - answer-
Retina surgery
Sonya applied for a health insurance policy on April 1. Her agent submitted the
information to the insurance company on April 6. She paid the premium on May 15 with
the policy indicating the effective date being May 30. On which date would Sonya have
coverage? - answer-May 30
According to the Health Insurance Portability and Accountability Act (HIPAA), when can
a group health policy renewal be denied? - answer-Participation or contribution rules
have been violated
The policyholder for a group health benefit plan is considered to be the - answer-
Employer
The problem of overinsurance is addressed in which health insurance provision? -
answer-Coordination of benefits
Q&A
Credit Accident and Health plans are designed to - answer-help pay off existing loans
during periods of disability
Mark continues working after the age of 65 and is covered through his employer's group
health plan. Which of the following statements is TRUE? - answer-Medicare is the
secondary payer
The election of COBRA for continuation of health coverage will - answer-maintain the
same coverage and increase premium
Minimum participation standards exist for group health insurance plans in order to: -
answer-prevent adverse selection
Buy-sell plans are typically funded by which two types of insurance? - answer-Life
insurance and disability insurance
How many employees must an employer have for a terminated employee to be eligible
for COBRA? - answer-20
Which of the following is NOT typically covered under vision care insurance? - answer-
Retina surgery
Sonya applied for a health insurance policy on April 1. Her agent submitted the
information to the insurance company on April 6. She paid the premium on May 15 with
the policy indicating the effective date being May 30. On which date would Sonya have
coverage? - answer-May 30
According to the Health Insurance Portability and Accountability Act (HIPAA), when can
a group health policy renewal be denied? - answer-Participation or contribution rules
have been violated
The policyholder for a group health benefit plan is considered to be the - answer-
Employer
The problem of overinsurance is addressed in which health insurance provision? -
answer-Coordination of benefits
