Colorado Mental Health Jurisprudence /Life & Health Insurance Exam Bundle

A doctorate is required for Technical Testing and Advanced Testing under CRS 12-43-228. True or False? - Answer- False The legal definition of psychotherapy in CRS 12-43-201(9) includes testing, assessment, diagnosis, treatment, and counseling. True or False? - Answer- True HIPPA is state law ...

Records required to be kept and record retention (DORA) - Answer- SW must retain record for 7 years from the date of termination. I Record information on record - Answer- name, phi, referral reason, mandatory disclosure statement. (5) Dates of service including, but not limited to the date of ea...

1. Licensees shall retain medical records for ________ to serve and protect clients/patients, but also to protect themselves against adverse actions - Answer- As long as needed 2. Each licensee shall ensure that client/patient records are maintained and may be obtained by the client/patient for a...

Mandatory Uniform Provisions - Answer- Must be included in every individual accident policy, no additional provisions may be included which otherwise restrict or modify a uniform provision, designed to protect the insured's interest Entire Contract Clause- Mandatory Uniform - Answer- Includes th...

Agent - Answer- Agents are the agents of the insurer Producer - Answer- Usually includes agents and brokers Applicant or proposed insured - Answer- A person applying for insurance Consent - Answer- permission to do something Insurable Interest - Answer- The policy owner must face the pos...

Traditional Whole Life - Answer- -Ordinary (Straight) Life -Limited-Pay & Single-Premium Whole Life -Adjustable Whole Life Ordinary (Straight) Life - Answer- -Until 100 or Death, whichever comes first -Permanent Protection -Rates & benefits based on law of large numbers (Mortality Rate) -Gu...

Which of the following is an example of defamation? A brochure including an untrue statement regarding a competitor's ability to pay claims A truthful estimate of the dividends A pamphlet listing a competitor's financial rating A verbal statement of a competitor's complaint ratio - Answer...

Which of the following statements about Health Reimbursement Arrangements (HRA) is correct? - Answer- 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? - Answer- warranty What is usually ...

When a life insurance policy exceeds certain IRS table values, the result would create which of the following? A. 1035 Exchange B. An investment C. Modified Endowment Contract (MEC) D. Endowment - Answer- C. Modified Endowment Contract (MEC) What kind of life insurance product covers chil...

What is the maximum amount the commissioner can fine an insurer for each violation of a cease-and-desist order? - Answer- $10,000 When appropriate the commissioner reports a violation of insurance law to - Answer- The district attorney A company that has not been authorized to operate in Color...