New Jersey Accident and Health State
Exam Simulator- Exam Simulator
How is Medicare Part B funded?
Employer taxes
Payroll taxes
User premiums
General tax revenue and user premiums - Answer: General tax revenue and user premiums
How are premiums paid by the insured for personally owned disability income insurance treated for tax
purposes?
Partially tax deductible
Not tax deductible
Fully tax deductible
Tax Deferred - Answer: Not tax deductible
(Premiums paid for personal disability income insurance are not tax deductible by the individual insured,
but the disability benefits are tax-free to the recipient)
What is Medicare Part B also known as?
, Medicare supplement
Supplementary medical insurance
Comprehensive insurance
Medicaid - Answer: Supplementary medical insurance
An accident and health policy that provides reimbursement benefits makes them payable to the?
Provider
Facility providing service
Insured
Insured's spouse - Answer: Insured
(An accident and health policy that provides reimbursement benefits makes them payable to the
insured. However, the right of assignment is built into most commercial insurance policies that allows
policyowners to assign benefit payments from the insurer directly to the health care provider)
Which of the following is NOT an example of utilization review?
Monitoring length of hospital stay
Ongoing inspection of accident prone individuals
Monitoring the appropriateness of care
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