What is cobra insurance - Study guides, Class notes & Summaries

Making a statement that is false or maliciously critical of the financial condition of an insurer is known as - Answer-defamation Which of the following statements regarding an examination of an insurer's books and records by the Commissioner is true? - An insurer has a right to delay an examination by the Commissioner for a period of not more than 15 days after notification -The insurer must not impede an examination and is required to assist in the examination procedures -Reports relat...

Exam Simulator- Florida Life and Health State Exam Simulator Latest 2024 Graded A Which of the following statements about guaranteed renewable health insurance policy is correct? Premiums normally increase at the time of renewal. The issuer must provide a perspective buyer with an? Buyers guide and policy summary T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase? Ten-year Endowment According to the time p...

Comlex Level 2 - Medical Law/Ethics Latest Update Graded A+ COBRA The Consolidated Omnibus Budget Reconciliation Act (COBRA) health benefit provisions amend the Employee Retirement Income Security Act, the Internal Revenue Code and the Public Health Service Act to require group health plans to provide a temporary continuation of group health coverage that otherwise might be terminated. cruzan vs director missouri dep of health patients have the right to refuse life sustaining tx D...

AMCA BILLING & CODING TEST (QUESTIONS & ANSWERS) 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 - ANS-C Veterans with service related disabilities are eligible for case under which of the fol lowing programs: a. CHAMPUS b. Medicare c. CHAMPVA d. TRICARE - ANS-C _______________________ is usually sponsored and partially paid by an employer. a. TRICARE b. Private Insurance c. G...

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...

PA Accident and Health Insurance Questions and Answers Graded A+ Why are dividends from a mutual insurer not subject to taxation? because dividends are considered to be a return of premium what kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus? participating life insurance policy A plan in which an employer pays insurance benefits from a fund derived from the employer's current revenues is called a self funded plan An insurer's clai...

Simulator FL-LH - FL Health and Life and Annuity Test Questions and Answers Which mode of payment is NOT used by health insurance policies? - Answer-Single premium The Financial Services commission may hold hearings - Answer-for any reason deemed necessary Which of these statements accurately describes the Waiver of Premium provision in an Accident and Health policy? - Answer-Premiums are waived after the insured has been totally disabled for a specified time period Which of these st...

OHIO LIFE AND HEALTH PRACTICE EXAM 2024 Ownership of a life insurance policy may be temporarily transferred with a(n) - correct answer collateral assignment Which of the following statements is CORRECT regarding an individual applying for life or health insurance? - correct answer The applicant's medical history may be analyzed and reported Which type of annuity guarantees a stated number of income payments, whether or not the annuitant is still alive to receive them? - correct answ...

Michigan Life And Health Final Exam Questions & Answers, 100% Rated-What amount will be paid under a policy where the insured misstated his/her age? - an amount the premium would have purchased at the correct age the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days - 30 days which of these is considered to be a Living benefit option in a life insurance policy - Accelerated death benefit loans obtained by a poli...

Oklahoma Life and Health Final Exam Questions and Answers 100% Solved Which of the following covers the Part A deductible of Medicare? Medicare supplement core benefits Taxable income may be the result from all of these modified endowment contract (MEC) transactions EXCEPT for The policy is surrendered for less than what was paid into it What is considered a valid reason for an insurer's refusal to pay policy proceeds directly to an minor? Minors are normally not capable of handlin...