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NJ HEALTH AND ACCIDENT FINAL EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE 350 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ $29.49
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NJ HEALTH AND ACCIDENT FINAL EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE 350 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
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Course
NJ HEALTH AND ACCIDENT
Institution
NJ HEALTH AND ACCIDENT
NJ HEALTH AND ACCIDENT FINAL EXAM AND
PRACTICE EXAM NEWEST ACTUAL
EXAM COMPLETE 350 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
NJ HEALTH AND ACCIDENT FINAL EXAM AND
PRACTICE EXAM NEWEST 2024-2025 ACTUAL
EXAM COMPLETE 350 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
NJ HEALTH AND ACCIDENT
which of the following percentages represents that average
portion of expected costs covered in Platinum plan?
a. 80%
b. 70%
c. 100%
d. 90% - ANSWER- 90%
ABC Printing, a small tax nonexempt company, can get tax
credits to help offset the cost of the company's health plan
premium contribution for its employees. The maximum credit is
a. 10% of premiums paid
b. 25% of premiums paid
,2|Page
c. 50% of premiums paid
d. 75% of premiums paid - ANSWER- 50% of premiums paid
How many full-time employees (FTEs) must a company have to
be eligible for the Health Care Tax Credit for Small Employers?
a. less than 2
b. less than 10
c. less than 25
d. less than 20 - ANSWER- less than 25
Advanced premium tax credits (APTC) may be applied to lower
the insured's monthly premiums. The cost-sharing reduction is
only available through a health plan from which tier?
a. platinum
b. gold
c. silver
d. bronze - ANSWER- silver
All of the following are mandatory health insurance provisions
EXCEPT
,3|Page
a. payment of claims
b. time limit on certain defenses
c. proof of loss
d. renewability - ANSWER- renewability
Marcus pays his insurance premium monthly and has a grace
period of
a. 7 days
b. 10 days
c. 30 days
d. 31 days - ANSWER- 10 days
All of the following are optional health insurance provisions
EXCEPT
a. insurance with other insurer
b. narcotics
c. unpaid premium
d. change of beneficiary - ANSWER- change of beneficiary
, 4|Page
How many days' notice must the insured be given if an insurer
cancels a policy?
a. 5
b. 2
c. 10
d. 3 - ANSWER- 5
Which provision allows new insureds the right to examine a
policy for a specified period of time with the option to return it?
a. free look period
b. consideration clause
c. renewability
d. insuring clause - ANSWER- free look period
The exchange of something of value is known as
a. a free-look
b. an insuring agreement
c. a consideration
d. a provision - ANSWER- a consideration
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