Ch1 general insurance - Study guides, Class notes & Summaries

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Ch.1 General Insurance Questions and answers latest update
  • Ch.1 General Insurance Questions and answers latest update

  • Exam (elaborations) • 2 pages • 2024
  • Ch.1 General Insurance Questions and answers latest update Certificate of Authority Permits an insurance company to transact business in this state Marketing and distribution systems used by insurers Captive Agency System, General Agency System, Independent Agency System, Direct Writers,Direct Mail/Response Insurance Agencies Responsible for recruitment, contracting, training and supporting insurance producers Admitted An insurer authorized to do business within the state; co...
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CH1.CMS/MACs, Exam Review  Questions and answers, rated A+ EXAM PREDICTION PAPER 2024/25
  • CH1.CMS/MACs, Exam Review Questions and answers, rated A+ EXAM PREDICTION PAPER 2024/25

  • Exam (elaborations) • 4 pages • 2024
  • CH1.CMS/MACs, Exam Review Questions and answers, rated A+ What does CMS stand for? - -Centers for Medicare and Medicaid Services What does MACs stand for? - -Medicare Administrative Contractors What does FIs stand for? - -Fiscal Intermediaries What does DHHS stand for? - -Department of Health and Human Services What was MACs formerly known as? - -Fiscal Intermediaries or FIs Where do the funds for the Medicare program come from? - -payroll taxes paid by employers and employees Who is ...
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