Colorado Accident & health laws state
Exam simulator Questions and Answers
Which of the following statements about Health Reimbursement
Arrangements (HRA) is correct? - -If the employee paid for qualified medical
expenses, the reimbursements may be tax free.
-Which parts of a health insurance policy are guaranteed to be true? - -
warranty
-What is usually excluded from medical expense policies? - -Intentionally
self-inflicted injuries
-insurable interest only needs to exist at the time of application. - -F
-reimbursement of benefits for the treatment of a beneficiary's injures
caused by a third party? - -subrogation is the right for an insurer to purse a
third party the caused an insurance loss to the insured
-accident policy will most likely pay a benefit for an - -off-the-job-accident
-deductibles are used in health policies to lower - -coinsurance amount
-must be renewed by the insurer and the premiums can only be increased if
applied to the entire class of insureds - -guaranteed renewable
-dental care indemnity coverage - -services are reimbursed after insurer
receives the invoice
-agent authority - -express, implied, and apparent
-document NOT required to mention the Colorado fraud statute - -
certificates of authority
-which of these arrangements allows one to bypass insurable interest laws? -
-investor-originated life insurance sometimes called stranger originated life
insurance is used to circumvent state insurable interest statutes.
-all of the following are considered to be typical characteristics describing
nature of an insurance contract except - -bilateral (unilateral, aleatory, and
adhesion are all characteristics of insurance contract)
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 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 Victorious23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.96. You're not tied to anything after your purchase.