Cobra Study guides, Class notes & Summaries

NY Series 17-52 Questions and Answers 100% Pass How many eligible employees must be included in a contributory health insurance plan? 50% A man works for Company A and his wife works for Company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim, The insurance through his company is primary. What is the period of coverage for events such as death or divorce under COBRA? 36 months Twenty-five days after ...

insurance exam questions and answers COBRA and HIPAA both address portability. What is the difference between them? - answer-COBRA provides a coverage bridge, HIPAA addresses coverage under plans for new entrants The type of health insurance policy most likely used to cover all students attend

Paul is an employee who caught a disease unique to the trade in which he was exposed to. Paul has a(n) - Answer- Occupational disease An immediate annuity has been purchased with a single premium. When does the annuitant typically begin receiving benefit payments? - Answer- 1 month Under which circumstance may a deferred insurance commission be paid to an individual? - Answer- Individual was a licensed producer at the time of the sale Under the Health Insurance Portability and Accountab...

AMCA BILLING & CODING TEST (ANSWERS) Complete Solutions 2023/ 2024 What type of insurance allows treatment virtually anywhere with a high deductible that policy holders are willing to pay? a. COBRA b. EPO c. PPO d. HMO C Veterans with service related disabilities are eligible for case under which of the following programs: a. CHAMPUS b. Medicare c. CHAMPVA d. TRICARE C _______________________ is usually sponsored and partially paid by an employer. a. TRICARE b. Private Insurance ...

A group conversion option may be used in all the following instances EXCEPT - a life-changing event, such as marriage, divorce, or childbirth. Which is the primary purpose of Health Reimbursement Accounts (HRAs)? - To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions. All of the following are characteristics of variable whole life EXCEPT - there is no guaranteed minimum death benefit. When should a buy-sell agree...

HESI 799 RN Exit Exam Questions and Answers (2023/2024) (Certified Solutions) Following discharge teaching, a male client with duodenal ulcer tells the nurse the he will drink plenty of dairy products, such as milk, to help coat and protect his ulcer. What is the best follow-up action by the nurse? a. Remind the client that it is also important to switch to decaffeinated coffee and tea. b. Suggest that the client also plan to eat frequent small meals to reduce discomfort c. Review with the clie...

WGU C202 Managing Human Capital - study guide 2024/25 What does Policies do? - ANSWER They are "what we do" What are mandatory benefits? - ANSWER By law they are offered from the employer. ex. Worker's Compensation, COBRA, Social Security Vietnam Era Veterans Readjustment Assistance Act of 1978 - ANSWER Pro...

COBRA (because she can convert, and if she has a long term illness it it will be hard for her to get approved for individual insurance) Correct Answer Kevin and Nancy are married; Kevin is the primary breadwinner and has a health insurance policy that covers both him and his wife. Nancy has an illness that requires significant medical attention. Kevin and Nancy decide to legally separate, which means that Nancy will no longer be eligible for health insurance coverage under Kevin. Which of the fo...

The 4 basic elements of an employee welfare benefit plan are: 1. there must be a plan, fund or program 2. the plan, fund or program is established or maintained by an ER 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 The courts have held that a plan, fund or program under ERISA is established if from the surrounding circumstances,...

COBRA and HIPAA both address portability. What is the difference between them? - answer-COBRA provides a coverage bridge, HIPAA addresses coverage under plans for new entrants The type of health insurance policy most likely used to cover all students attending a large university is - answer-a blanket policy The life and health insurance marketing system utilizing producers that represent multiple insurance companies at the same time, are compensated on a commission basis, and own their ow...