Exam (elaborations)
Health and Accident Insurance Laws and Rules Questions and Complete Solutions Graded A+
- Course
- Institution
Health and Accident Insurance Laws and Rules Questions and Complete Solutions Graded A+
[Show more]
Content preview
Health and Accident Insurance Laws andRules Questions and Complete
Solutions Graded A+
When can an insurer cancel a Medicare supplement plan?
1. At any time
2. At the enrollment period
3. On a date specified in the policy
4. After nonpayment - Answer: 4. After nonpayment
EXCEPT for fraud, the time after issuance of a policy during which an insurance company may contest a
health insurance claim due to the statements on an application is
1. 10 days
2. 90 days
3. 2 years
4. 5 years - Answer: 3. 2 years
EXCEPT for fraud, the time after issuance of a policy during which an insurance company may contest a
health insurance claim due to the statements on an application is 2 years.
A temporary producer's license may be issued for up to
1. 30 days
2. 60 days
3. 180 days
, 4. 12 months - Answer: 3. 180 days
A temporary producer's license may be issued for up to 180 days.
The marketing of Medicare Supplements is regulated to prevent all of the following EXCEPT
1. Sale of excessive insurance
2. Replacement of any existing coverage
3. Inaccurate policy provisions
4. Failure to display notice of limitations to buyer - Answer: 2. Replacement of any existing coverage
The marketing of Medicare Supplements is regulated to prevent all of these EXCEPT replacement of any
existing coverage.
All group health-care service contracts MUST provide coverage for
1. alcoholism treatment
2. routine vision care
3. routine hearing examinations
4. unlimited psychiatric care - Answer: 1. alcoholism treatment
In New Jersey a small group health plan requires a continuance of prior credible coverage provided that
there has been no gap in coverage for a period not to exceed what period of time?
1. 15 days
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YourExamplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
56880 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now