State healt - Study guides, Class notes & Summaries

FA1601 ASSESSMENT 5 SEMESTER 1 2024 You have been provided with the following data to aid in the preparation of the statement of cash flows for Sibasa Supplies Limited, a company that supplies cleaning consumables to public and private health facilities in the Vhembe District Municipality: Extract of items from the statement of financial position information as at 28 February 2024

Health contracts are prepared by insurers and must be accepted by the insured on an 'as is' basis. This described what aspect of a health insurance contract? - ANSWER Contract of Adhesion If an insurer decides to obtain medical information from different sources in order to determine the insurability of an applicant, who must be notified of the investigation? - ANSWER The applicant. What are the two types of expenses that are covered by health insurance? - ANSWER Expenses related to health...

Pearson Vue State Health Insurance Practice Exam 1. An individual may obtain a temporary insurance producer's license without passing the licensing examination if the individual: A. is a deceased licensed producer's next of kin A. is a deceased licensed producer's next of kin B.is taking insurance courses at a university B. is taking insurance courses at a university C.has met the minimum experience requirement C. has met the minimum experience requirement D.holds a license in another st...

Customer representative - answer-appointed by a general lone agent or agency to assist in transacting the business of insurance General lines agent - answer-a persons transacting one or more of insurance Property & casualty - answer-includes commercial liability, a underwritten by a risk retention group, or as a workers compensation self- insurance fund Health agent - answer-agent representing an hmo, or as to health insurance only, an insurer transacting health insurance Home stat...

VA State Health and Insurance Exam CH 10 with Complete Solutions What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Joint Legislative Audit and Review Commission A) The State Corporation Commission The State Corporation Commission, referred to as "the Commission," issues the rules and regulations for the admin...

VA State Health and Life Insurance Exam CH12 Already Passed Who owns an employer group health policy? A) The employer only B) The agent C) The employees D) Both the employer and the employees A) The employer only It is common for an employer to obtain group health insurance for the benefit of their employees. The employer is the owner of the policy and determines what classes of employees will covered. Which of the following type of insurance protects a lending institution from ...

Which of the following must be present in all medicare supplement plans? - ANSWER ☑☑Plan A What was created to keep telemarketers from calling consumers who do not wish to be contacted? - ANSWER ☑☑National Do not call registry Which insurance principle states that if a policy allows for greater compensation than the financial loss incurred, the insured may only receive benefits for the amount lost? - ANSWER ☑☑Indemnity Which of the following would not be considered an exp...

Pearson Vue State Health Insurance Practice Exam