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PSI EXAM QUESTIONS WITH 100% CORRECT ANSWERS
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PSI EXAM QUESTIONS WITH 100% CORRECT ANSWERS
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PSI EXAM QUESTIONS WITH 100%CORRECT ANSWERS
What is a primary difference between individual and group health insurance? - Answer-
Individual Insurance requires evidence of insurability.
Which of the following coverage types pays a monthly cash benefit following the
elimination for total disability due to accident or sickness? - Answer-Disability Income
Insurance
Which plan is most commonly paired with a High Deductible Health Plan? - Answer-
HSA Health Savings Account
What is the major reason that insurance regulators are often critical of dread disease
insurance policies? - Answer-Buyers often think they are getting broader coverage than
they actually purchase.
Which insurance plans are commonly offered through the worksite except? - Answer-
Medicare
Which type of coverage pays the operating costs of a small business when the owner
becomes disabled? - Answer-BOE disability insurance
Which of the following is the most common method to supplement Medicare coverage?
- Answer-Coverage offered by private insurers
Which of the following, by definition, provides benefits for expenses incurred as a result
of in-hospital medical treatment and surgery as well as certain outpatient expenses
such as doctor's visits, laboratory tests, and diagnostic services? - Answer-
Hospitalization services?
A group conversion option may be used in all of the following instances EXCEPT -
Answer-A life-changing event, such as marriage, divorce, or childbirth.
Which of the following is TRUE of a point of service plan? - Answer-A patient's care is
coordinated by an in-network primary care physician.
Which of the following is a characteristic of preferred provider organizations (PPOs)? -
Answer-Prearranged costs for services rendered.
In which type of insurance is individually purchased coverage commonly more
economical than group offered coverage? - Answer-Long term care insurance
Which of the following is considered the major advantage of HIPAA? - Answer-
Portability
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