Healthcare insurance test questions

Here, WebMD answers some of the most common questions that came in from readers after the ruling. How does this decision affect those with a preexisting condition? Starting ininsurers will no longer legally be allowed to deny coverage to anyone because of their medical condition or charge them more for that coverage. How will it affect people that already have good health insurance and a preexisting condition?

Healthcare insurance test questions

All of the above e. Both a and b only Underwriters look at many factors that can deem an applicant for life insurance as being more or less risky. These criteria can include hobbies, occupation, lifestyle, gender, age, income, and many more.

Incorrect answer, please choose another answer. Which of the following needs to have an insurable interest for an underwriter to issue an insurance policy?

Insured The person or entity that is the policy beneficiary will have an effect on the acceptance of the policy.

Healthcare insurance test questions

This is because the beneficiary must be at risk of suffering some type of loss should the insured pass away. Which of the following deals with a set of relationships where one person is authorized to act on behalf of another in order to create a legal relationship with a third party. Law of principals c.

Law of third parties d. None of the above The law of agency regulates the relationship between agents and principals as well as agents and third parties with whom they deal on the principal's behalf.

All of the following can be considered life-changing events that could result in a change in the amount of life insurance coverage needed EXCEPT: Birth of a child II. Change in job title a.

II and III only c. Corporate owned life insurance proceeds may be used for the following purposes: To find, replace, and train a new employee or executive II.

To fund other corporate debt obligations III. To redeem the deceased employee's stock b. I and III only c.

All of the above d.

1 thought on “Medical Insurance Practice”

None of the above There are many purposes in which the proceeds of corporate owned life insurance may be used. Policy Components, Riders and Non-forfeiture Options What is the most common component in all life insurance policies?

Cost of living rider While there are many different options and riders on life insurance, all policies possess a death benefit. Permanent life insurance policies always have two components.Learn practice test questions health insurance with free interactive flashcards. Choose from different sets of practice test questions health insurance flashcards on Quizlet.

Aetna offers health insurance, as well as dental, vision and other plans, to meet the needs of individuals and families, employers, health care providers and insurance agents/brokers.

Insurance Practice Questions

The path to . Ca Civ Code Disclosure. Byram Healthcare Centers, Inc. asks direct suppliers to certify that materials incorporated into the products sold comply with the laws regarding slavery and human trafficking of the country or countries in which they are doing business.

July 24, Answers to your top health insurance questions.

Frequently-asked questions about health insurance |

Since we launched the new on June 21st, we’ve received thousands of questions and comments on the website, through the call center, and on our social media channels.. We’re listening and we value your feedback! A deductible is what you must pay for your health care before your insurance pays its part.

Most plans have deductibles, which start over every January. For example, if your plan has a $1, What is Health Insurance? A Health insurance policy is a contract between the insurance company and the policyholder, wherein the insurer pays for the medical expenses incurred by the life insurer will either provide a reimbursement for your medical expenses or ensure you are eligible for cashless treatment for injuries or illnesses covered under the policy at one of the network.

Life and Health Insurance Agent Licensing Practice Exam