Policy of containment - Study guides, Class notes & Summaries

Xcel Life, Accident, Health License Exam Questions and Answers Graded A+ who is not eligible for social security survivor benefits? A. Full-time students under the age of 19 B. A deceased worker's dependent parents of any age C. A widow at any age who is caring for children younger than 16 D. A widow at full retirement age A deceased worker's dependent parents of any age (must be at least 62 years old) what does the group life underwriting risk selection process help protect insurance co...

Calculate the amount of money a patient would owe for a noncovered service costing $900 if their indemnity policy has a coinsurance rate of 80-20, and they have already met their deductible correct answers $900 Calculate the monthly capitation payment a provider should receive from a health plan if they have 80 contracted patients and a capitated payment of $40 per month correct answers The monthly capitation payment would total $3,200 (80 x $40 = $3,200). A capitated payment amount is cal...

If a disability income policy contains a cost-of-living adjustment rider, benefits must typically be increased at the insurer's discretion. at least once per year from policy issue. at least once per year from when benefits begin. based on the performance of the S&P. - ANSWER-at least once per year from when benefits begin. A disabled business owner who has payroll and business expenses paid for has what kind of insurance policy? Key person. Franchise disability. Business overhead...

Medical billing and coding latest version graded A+ Medical Insurance Financial plan (the payer) that covers the cost of hospital and medical care Policyholder Person who buys an insurance plan; the insured, subscriber, or guarantor Health Plan Individual or group plan that provides or pays for the cost of medical care Benefits What a health plan pays for services covered in an insurance policy; listed in the schedule of benefits. Medical Necessity Reasonable services of prov...

Xcel Life, Accident, Health License Exam Questions Who is not eligible for Social Security survivor benefits? A. Full-time students under the age of 19 B. Dependent parents of a deceased worker, regardless of age C. A widow at any age caring for children younger than 16 D. A widow who has reached full retirement age **Answer:** B. Dependent parents of a deceased worker, regardless of age (must be at least 62 years old). What does the risk selection process in group life...

Which of the following types of health insurance covers the cost of providing non-medical custodial care to individuals with cognitive problems? A. Disability income insurance B. Long-term care insurance C. Hospital expense coverage D. Medical Expense coverage B All of the following are characteristics of a group health insurance plan EXCEPT: A. Only group members may be covered. B. There is one master contract B. Each person has a policy D. Benefits are essentially the same for al...

Which of the following types of health insurance covers the cost of providing non-medical custodial care to individuals with cognitive problems? A. Disability income insurance B. Long-term care insurance C. Hospital expense coverage D. Medical Expense coverage B All of the following are characteristics of a group health insurance plan EXCEPT: A. Only group members may be covered. B. There is one master contract B. Each person has a policy D. Benefits are essentially the same for al...

Xcel Life, Accident, Health License Exam Questions with 100% Correct Answers who is not eligible for social security survivor benefits? A. Full-time students under the age of 19 B. A deceased worker's dependent parents of any age C. A widow at any age who is caring for children younger than 16 D. A widow at full retirement age - Correct Answer ️️ -A deceased worker's dependent parents of any age (must be at least 62 years old) what does the group life underwriting risk selection p...

US & GA History Exemption Exam (UGA) Already Passed In what year was Georgia established? 1732 When did settlement take place in Savannah? 1733 How long was Georgia in existence before there was a governor or governing body within the colony itself? Two decades Who ruled Georgia in the beginning? Board of Trustees Define: Board of Trustees The governing body of Georgia in London England. King George signed a charter establishing the colony and creating its governing board What years is Geor...

Xcel Solutions Final Exam 2024 Who does a life settlement broker represent? - Answer ️️ -Individual wanting to sell their life policy to a third party What is the insurance term the State of California uses for an insurer that is eligible to transact business in this state? - Answer ️️ -Admitted Most U.S. life insurance companies belong to the - Answer ️️ -Medical Information Bureau Which of the following healthcare providers provide both the healthcare services and healthcare ...