Beneficiaries - Study guides, Class notes & Summaries

AHIP Practice Exam Updated Questions and Answers (2024 / 2025) (Verified Answers). 1. Mr. Carlini has heard that Medicare prescription drug plans are only offered through private companies under a program known as Medicare Advantage (MA), not by the government. He likes Original Medicare and does not want to sign up for an MA product, but he also wants prescription drug coverage. What should you tell him ANS Mr. Carlini can stay with Original Medicare and also enroll in a Medicare prescription...

LML4804 Assignment 4 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ...QUESTION 1 (CAPITAL GAINS TAX) Ms. Kru, a South African resident worked for O Insure (Pty) Ltd (“O Insure”) as a specialist for 15 years. As a result of the Covid-19 pandemic that hit the world, O Insure decided to retrench her team including Ms. Kru. She was given a severance package of R5 million. Ms. Kru is mar...

Life Insurance - Chapter 4: Premium, Proceeds and BeneficiariesA policyowner is allowed to pay premiums more than once a year under which provision? - correct answer Mode of Premium Elements of life insurance premiums include - correct answer mortality rate -- insurers expenses -- interest credit Who has the right to change a revocable beneficiary? - correct answer Policyowner T is the policyowner for a Life insurance policy with an irrevocable beneficiary. if T wished to change the ben...

Chapter 5 Life Insurance Premiums, Proceeds, and BeneficiariesWho is the beneficiary in a life insurance policy? - correct answer The stated person or entity who is designated to receive the death proceeds When a policy loan is requested by a policyowner and it requires the consent of the beneficiary, what kind of beneficiary designation is this? - correct answer Irrevocable beneficiary The beneficiary of a life insurance policy is normally selected by whom? - correct answer Policyowner ...

Steps used to control costs of managed care include: correct answers Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify correct answers Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred Identify the various types of private health plan coverage correct answers HMO Conventional PPO and POS HDHP/SO plans - high-deductible health...

An employee welfare benefit plan has four basis elements. What are these elements? (Mod 1.1) - 1) There must be a plan, fund or program. 2) The plan, fund or program is established or maintained by an employer. 3) The plan, fund or program is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise. 4) Benefits are provided to participants and beneficiaries. Explain how a "plan, fund or program" for an employee benefit plan is defined (Mod...

QUESTION 01 1.1 Dipolelo is a paralegal of the Sekhukhune Paralegal Advice Centre, and she wants to highlight the Centre’s role in the community. She has asked a few organisations to help with fundraising for the Centre. She seeks your advice on how to draft a funding proposal. [10] 1. Introduction 2. What goes in a proposal / plan? 2.1 Cover Page The cover page should contain the title, business name, date of the proposal, business address and contact details. 2.2 Executive Summary ...

Wisconsin Accident and Health Insurance Exam 2023 Questions and Answers with complete solution Dividends from a stock company are normally sent to: Beneficiaries Shareholders Policy holders Insureds Shareholders Which of the following financial products creates an instant estate, no matter when the date of death? Mutual funds Life insurance Certificate of deposit Deferred annuity Life insurance Which of the following outlines the authority given to the producer on behalf of the in...

This document contains workings, explanations and solutions to the PVL2602 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4..... Question 1 In Mark 0.00 out of 1.00 Buhle Baloyi, a 94-year-old retired judge, had been suffering from a prolonged respiratory infection from late 2018. In addition to this, he was diagnosed with rheumatoid arthritis and as a result, he spent most of his days in bed, as he was in severe physical pain. He was looked af...

AHIP Exam Questions and Answer You are mailing invitations to new Medicare beneficiaries for a marketing event. You want an idea of how many people to expect, so you would like to request RSVPs. What should you keep in mind? Correct Answer: ou may request RSVPs, but you are not permitted to require contact information. Mr. Wu is eligible for Medicare. He has limited financial resources but failed to qualify for the Part D low-income subsidy. Where might he turn for help with his presc...