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Medical Expense Insurance Exam Bundle With Complete Solutions.
Medical Expense Insurance Exam Bundle With Complete Solutions.
[Show more]Medical Expense Insurance Exam Bundle With Complete Solutions.
[Show more]C was injured while deep sea driving and requires a hospital stay. C has a Major Medical policy with a 
80/20 coinsurance clause and a $400 deductible. What is the MAXIMUM C will pay if the covered 
medical expenses are $2000? - $720 
Which of the following statements BEST defines usual, customary, ...
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Add to cartC was injured while deep sea driving and requires a hospital stay. C has a Major Medical policy with a 
80/20 coinsurance clause and a $400 deductible. What is the MAXIMUM C will pay if the covered 
medical expenses are $2000? - $720 
Which of the following statements BEST defines usual, customary, ...
The corridor deductible is applied between a basic medical expense policy and what type of coverage? - 
Major medical coverage 
Which of the following does specified disease insurance NOT cover? - Costs covered by medical 
expense insurance 
Allen has a disability income policy with $2,500 monthly b...
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Add to cartThe corridor deductible is applied between a basic medical expense policy and what type of coverage? - 
Major medical coverage 
Which of the following does specified disease insurance NOT cover? - Costs covered by medical 
expense insurance 
Allen has a disability income policy with $2,500 monthly b...
Medical Expense Insurance basic types - 1. hospital 
2. surgical 
3. medical 
-these types are often called *first-dollar coverage* b/c insured pays no deductible usually 
Basic Hospital Expense Coverage - Covers: 
-*hospital room and board*: (specific $ amt. per day up to max # of days) 
-*misc. ho...
Preview 2 out of 10 pages
Add to cartMedical Expense Insurance basic types - 1. hospital 
2. surgical 
3. medical 
-these types are often called *first-dollar coverage* b/c insured pays no deductible usually 
Basic Hospital Expense Coverage - Covers: 
-*hospital room and board*: (specific $ amt. per day up to max # of days) 
-*misc. ho...
Basic Medical Insurance Plans - Provides benefits up front without having to satisfy a deductible; 
3 Sections Hospital Expense, Surgical Expense, Physicians (non-surgical) expense; has lower benefit 
limits than majors; benefits provided by basic medical expense insurance are lower than the actual ...
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Add to cartBasic Medical Insurance Plans - Provides benefits up front without having to satisfy a deductible; 
3 Sections Hospital Expense, Surgical Expense, Physicians (non-surgical) expense; has lower benefit 
limits than majors; benefits provided by basic medical expense insurance are lower than the actual ...
At what point does a self-insured group qualify for stop-loss coverage? 
When the insured reaches an age stated in the policy 
When claims exceed a specified limit in a set period of time 
When claims exceed the policy's maximum lifetime benefit limit 
When the average claim amount exceeds the limi...
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Add to cartAt what point does a self-insured group qualify for stop-loss coverage? 
When the insured reaches an age stated in the policy 
When claims exceed a specified limit in a set period of time 
When claims exceed the policy's maximum lifetime benefit limit 
When the average claim amount exceeds the limi...
Medical expense insurance - provides benefits for medical care. Contracts may provide for 
payment of medical expenses incurred on a reimbursement basis (by paying benefits to the 
policyowner), payment on a service basis (by paying those who provide the services directly), or 
payment of an indemni...
Preview 2 out of 11 pages
Add to cartMedical expense insurance - provides benefits for medical care. Contracts may provide for 
payment of medical expenses incurred on a reimbursement basis (by paying benefits to the 
policyowner), payment on a service basis (by paying those who provide the services directly), or 
payment of an indemni...
A fee for service health insurance plan will normally cover - a disease 
A proposed insured for a health insurance policy was treated for heart disease within the past year. 
When applying for health insurance, the heart disease treatment - indicates a preexisting 
condition 
Which of the following ...
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Add to cartA fee for service health insurance plan will normally cover - a disease 
A proposed insured for a health insurance policy was treated for heart disease within the past year. 
When applying for health insurance, the heart disease treatment - indicates a preexisting 
condition 
Which of the following ...
Medical Expense Insurance - Categorized as basic medical expense insurance, major medical 
insurance, comprehensive major medical insurance, and special policies. Note that these products have 
largely been replaced by managed care alternatives and are no longer sold as stand alone coverages. 
Basic...
Preview 1 out of 4 pages
Add to cartMedical Expense Insurance - Categorized as basic medical expense insurance, major medical 
insurance, comprehensive major medical insurance, and special policies. Note that these products have 
largely been replaced by managed care alternatives and are no longer sold as stand alone coverages. 
Basic...
A fee for service health insurance plan will normally cover 
vitamins and natural remedies 
cosmetic procedures 
gym membership 
a disease - a disease 
Low frequency diseases can be exclusively covered by what kind of health insurance policies? 
Limited policies 
Blanket policies 
Employer policies ...
Preview 2 out of 8 pages
Add to cartA fee for service health insurance plan will normally cover 
vitamins and natural remedies 
cosmetic procedures 
gym membership 
a disease - a disease 
Low frequency diseases can be exclusively covered by what kind of health insurance policies? 
Limited policies 
Blanket policies 
Employer policies ...
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