FL Health Insurance License Questions 240 With Correct Answers.
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FL Health Insurance License
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FL Health Insurance License
FL Health Insurance License Questions 240 With Correct Answers.
Which of the following statements regarding the tax treatment of medical expense insurance premiums and benefits is correct?
- premiums are not deductible and benefits are taxable
- premiums are not deductible and bene...
FL Health Insurance License Questions 240
With Correct Answers.
Which of the following statements regarding the tax treatment of medical expense
insurance premiums and benefits is correct?
- premiums are not deductible and benefits are taxable
- premiums are not deductible and benefits are not taxable
- premiums may be deductible as an unreimbursed medical expense and benefits are
taxable
- premiums may be deductible as an unreimbursed medical expense and benefits are
not taxable - correct answer. premiums may be deductible as an unreimbursed
medical expense and benefits are not taxable
To control health care costs, HMOs stress the importance of what kind of health care
among their members?
- cosmetic care
- hospital care
- surgical care
- preventive care - correct answer. preventive care
A guaranteed insurability rider guarantees an individual disability income policyowner's
right to buy additional coverage even if:
- the insured has duplicate coverage from another health insurance provider
- the insured cannot provide satisfactory evidence of insurability
- the insured cannot afford the additional premium charged
- state law prohibits the same coverage to be sold under a separate policy - correct
answer. the insured cannot provide satisfactory evidence of insurability
,What was the forerunner to the health savings account (HSA)?
- health maintenance organization (HMO)
- preferred provider organization (PPO)
- medical savings account (MSA)
- provider sponsored organization (PSO) - correct answer. medical savings account
(MSA)
Which coverage does a person who is eligible for Medicare buy from a private insurer?
- Medicare Part A
- Medicare Part B
- Medicare Advantage
- Medicaid - correct answer. Medicare Advantage
For purposes of group health insurance, a small employer is defined in Florida as any
person or entity that employs no more than how many employees?
- 100
- 50
- 20
- 2 - correct answer. 50
Which of the following optional health insurance policy provisions applies specifically to
disability income insurance policies?
- the relation of earnings to insurance provision
- the unpaid premium provision
- the cancellation provision
- the conformity with state statutes provision - correct answer. the relation of
earnings to insurance provision
Gracie has a Medicare Advantage policy and needs emergency care while traveling.
However, there are no network providers nearby. What should she do?
- delay treatment until she locates a provider within the network
- see any suitable provider even if outside the network
- seek a provider in another network
- submit her expenses to her insurer for reimbursement - correct answer. see any
suitable provider even if outside the network
Which is NOT considered an activity of daily living (ADL) for purposes of qualifying for
long-term care insurance benefits?
- eating
- dressing
, - bathing
- driving - correct answer. driving
HMOs operate within geographic areas that are called:
- provider networks
- service areas
- covered areas
- managed care areas - correct answer. service areas
HIPAA guarantees the availability of health insurance coverage in the individual market
for eligible individuals who have had at least how many months of aggregate creditable
coverage?
-6
- 12
- 18
- 24 - correct answer. 18
What kind of policy only covers cancer, stroke, heart attack, and Parkinson's disease?
Eddie bought a Medicare supplement policy five years ago and now suffers from
dementia. What can the insurer do in light of Eddie's current health status?
- cancel the policy
- increase the premium
- decrease the amount of coverage
- keep the policy in force - correct answer. keep the policy in force
In 2006, federal legislation expanded Medicare to provide prescription drug coverage
through:
- Part C
- a revised Medigap program
- Part D
- Part A - correct answer. Part D
Which statement about maternity coverage in group and individual health plans is
correct?
- Individual and group plans must cover maternity care.
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