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Xcel Solutions Health and Life 11-35 Chapter 11 Questions and Answers Latest Updated 2024
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Xcel Solutions Health and Life 11-35 Chapter 11
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Xcel Solutions Health and Life 11-35Chapter 11
In an employer-sponsored contributory group disability income plan, the employer pay
60% of the premium and each employee pays 40% of the premium. Any income
benefits paid or text to the employee at - answer60% of the benefit
Policyholder for group health benefit plan is considered to be the - answer Employer
A group disability income plan that pays tax free benefits to cover employees is
considered - answer Fully contributory
Marketing is working after the age of 65 and is covered through his employer group
health plan. The following statements is true? - answer Medicare is the secondary payer
Without a section 125 Plan in Place, what would happen to employees payroll
contribution to an HSA? - answer It would be considered taxable income to the
employee
What is issued to each employee of an employer health plan - answerCertificate
Common exclusion with vision plans is - answerLasik surgery
When are group disability benefits considered to be tax-free to the insured? -
answerWhen the recipient pays the premiums
A Person covered with an individual health plan - answerIs issued a policy
And employer is issued medical insurance pause the single contract is known as a(n) -
answerMaster policy
According to the health insurance portability and accountability act HIPAA, when can a
group health policy renewal be denied? - answerParticipation and contribution rules
have been violated
Which type of business insurance is meant to cover the cost of continuing to do
business while the owner is disabled? - answerBusiness overhead expense policy
Ron has a new employer and wishes to enroll in the companies group health plan. In
determining whether his pre-existing health condition applies, Ron can I have more than
a _______ day gap without previous health insurance. - answer63
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