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Accident and Health Insurance Agent/Broker Practice Exam QUESTIONS & ANSWERS(RATED A) $12.49   Add to cart

Exam (elaborations)

Accident and Health Insurance Agent/Broker Practice Exam QUESTIONS & ANSWERS(RATED A)

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  • Accident And Health Insurance

Sally is considering her Medicare options. She understands that to enroll in Medicare Part B, she will have to pay a monthly premium. Since she is healthy, she is considering delaying her enrollment until later. Will she be able to enroll at a later date? 1.Yes, she can enroll at anytime in the ...

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  • September 23, 2024
  • 71
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Accident and Health Insurance
  • Accident and Health Insurance
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Accident and Health Insurance Agent/Broker Practice Exam
QUESTIONS & ANSWERS(RATED A)

Sally is considering her Medicare options. She understands that to enroll
in Medicare Part B, she will have to pay a monthly premium. Since she is
healthy, she is considering delaying her enrollment until later. Will she
be able to enroll at a later date?


1.Yes, she can enroll at anytime in the future
2.Yes, however; she would have a permanent premium penalty when
she does enroll
3.No, this is a take or leave it situation

, 4.Yes, but she would have to show evidence of good health. - ANSWER
Yes, however; she would have a permanent premium penalty when she
does enroll


Under Medicare Part A, a spell of illness begins again and is subject to a
new deductible for another admission when:
1.The patient has been discharged from a prior stay and 45 days have
elapsed
2.The patient has been discharged from a prior stay and 30 days have
elapsed
3.The patient has been discharged from a prior stay and 60 days have
elapsed

, 4.The patient has been discharged from a prior stay and 90 days have
elapsed - ANSWER The patient has been discharged from a prior stay
and 60 days have elapsed


What type of insurer retains risk?


1.Government insurance.
2.Reinsurers.
3.Self insurers.
4.Assessment insurers. - ANSWER Self insurers.


A variety of types of care are provided under a long-term care policy. All
of the following are types of care generally provided EXCEPT:

, 1.Home health care
2.Intensive care
3.Custodial care
4.Skilled care - ANSWER Intensive care


Melvin has a long-term care policy with a 30-day elimination period. The
policy has a daily benefit of $100/day. The policy has a 3-year benefit
period. If Melvin is confined to a nursing home for 9 months, how much
in benefits will his policy pay?


1.$27,000
2.$18,000

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