Cobra - Study guides, Class notes & Summaries

Insured Contingent Beneficiary - Answer If the insured and primary beneficiary are both killed in the same accident and it cannot be determined who died first, where are the death proceeds to be directed under the uniform Simultaneous Death Act? Reimbursement - Answer Which type of policy pays benefits to a policyholder covered under a Hospital Expense policy? $25,000 - Answer J has an Accidental Death and Dismemberment policy with a principal sum of $50,000. While trimming the hedge...

insurance exam questions and answers COBRA and HIPAA both address portability. What is the difference between them? - answer-COBRA provides a coverage bridge, HIPAA addresses coverage under plans for new entrants The type of health insurance policy most likely used to cover all students attend

Steps used to control costs of managed care include: - ANSWER-Bundled codes Capitation Payer and Provider to agree on reasonable payment DRG is used to classify - ANSWER-Inpatient admissions for the purpose of reimbursing hospitals for each case in a given category w/a negotiated fixed fee, regardless of the actual costs incurred Identify the various types of private health plan coverage - ANSWER-HMO Conventional PPO and POS HDHP/SO plans - high-deductible health plans with a savings...

COBRA EXAM 2024 QUESTIONS & ANSWERS VERIFIED 100% CORRECT!!

What is the maximum airspeed for the OH-58D Kiowa Warrior? - ANSWER 110 knots What is the reference for Air Assault Operations? - ANSWER ATTP 3-18.12 What are the missions of the AH-64D? - ANSWER 1. Anti-armor (primary) 2. Close air support 3. Reconnaissance 4. Air to Air Combat What is the cargo hook capacity for the UH-60's? - ANSWER A- 8,000lbs L/M-9,000 lbs What is the correct way to approach the UH-60A/L/M Blackhawk? - ANSWER Approach at a 90 degree angle an...

How long after being entitled to disability benefits will an individual be eligible to receive Medicare benefits? - Answer- 2 years What is the return of premium rider? - Answer- an increasing amount of term insurance that always equals the total of premiums paid up to the current point In a home healthcare benefit, all of the following are eligible expenses EXCEPT - Answer- blood transfusions All of the following are classifications of risk EXCEPT - Answer- non-nicotine Which of the...

COBRA - Consolidated Omnibus Budget Reconciliation Act Consolidated Omnibus Budget Reconciliation Act; what - a 1986 federal law that allows for the temporary extension of group health coverage to people whose health benefits otherwise would be terminated. (i.e. if you lose your job) Consolidated Omnibus Budget Reconciliation Act; when - 1986 Do employers have to offer COBRA? - > Generally speaking, group health plans maintained by private-sector employers with 20 or more workers are s...

COBRA INSURANCE CERTIFICATION EXAM QUESTIONS & ANSWERS SOLVED 100% CORRECT!!

LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed Under which situation must insurable interest exist between the applicant and insured at the time of application? When a third-party applicant names themselves beneficiary. Which of the following is true about a decreasing term life policy? The face amount reaches zero at policy expiration. Which of the following occurs immediately after the application is submitted and the initial premium paid?...

NY Series 17-52 Exam Questions and Answers 100% CorrectNY Series 17-52 Exam Questions and Answers 100% CorrectNY Series 17-52 Exam Questions and Answers 100% CorrectHow many eligible employees must be included in a contributory health insurance plan? - ANSWER-50% A man works for Company A and his wife works for Company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim, - ANSWER-The insurance through his...