What is a payor - Study guides, Class notes & Summaries

Oklahoma Life and Health Practice Exam Questions and Answers Rated A+ A person covered with an individual health plan is issued a policy is issued a certificate of medical costs does not contract directly with the insurance company is not subject to medical underwriting A person covered by an individual health plan is issued a policy. All Health Benefit Plans issued after January 1, 2014 must provide long-term care dental care adult vision care preventative health services ...

Types of prevention - answer-primary- car restraints, bicycle helmets, immunizations secondary- prevent for those with RF-pap, mammo tertiary-mgmt of established disease- meds, lifestyle Primary - answer-Preventing the health problem, most cost effective form of healthcare **IMMUNIZATIONS, ensuring adequate illumination at home (preventing falls) Secondary - answer-Detecting disease in early asymptomatic stages, screenings -Early cause finding of asymptomatic disease via the use of a sc...

NC Life Insurance Exam Prep Questions and Answers Already Passed An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner A policy summary and buyer's guide All of the following actions are considered rebating EXCEPT Sharing commissions with other licensed and appointed agents What benefit does the Payor Clause on a Juvenile Life Policy provide? Premiums are waived if payor becomes disabled An agent who signs a blank contract application or...

In a 3 partner cross-purchase plan, how many policies need to be purchased in order to protect each partner against the loss of any other partner? - Answer- 6 According to the NAIC Life Insurance Solicitation Model, when soliciting life insurance, a producer is required to provide a prospect with a ______ and a _______ specific to the product being marketed. - Answer- general buyer's guide; policy summary The Incontestable Clause states that the insurer cannot contest the validity of a li...

Life Insurance Exam Prep Questions and Answers (2023 / 2024) (Verified Answers) An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner A policy summary and buyer's guide All of the following actions are considered rebating EXCEPT Sharing commissions with other licensed and appointed agents What benefit does the Payor Clause on a Juvenile Life Policy provide? Premiums are waived if payor becomes disabled An agent who signs a blank contract...

An insured owns a term policy with a guaranteed renewable option. When the end of the policy draws near, the insured answers medical questions in order to prove insurability and qualifies for a discounted premium rate. Which option best describes this scenario? 1) preferred premium reduction 2) contract review 3) revision of consideration 4) re-entry - ️️4) re-entry What method do insurers use to protect themselves against catastrophic losses? 1) pro rata liability 2) risk manageme...

TEST BANK FOR INTRODUCTION TO MEDICAL SURGICAL NURSING LINTON 6TH EDITION BY LINTON Chapter 01: The Health Care System(FREE) Chapter 01: The Health Care System Linton: Introduction to Medical-Surgical Nursing, 6th Edition MULTIPLE CHOICE 1. An 89-year-old man, who was recently discharged from a rehabilitation hospital because of an inability to concentrate and frequent memory lapses, cannot be left alone while his family works. What options should the discharge planning team suggest that...

An agent who sells an individual life insurance policy in NC MUST deliver to the policyownerAnswer - A policy summary and buyer's guide All of the following actions are considered rebating EXCEPTAnswer - Sharing commissions with other licensed and appointed agents What benefit does the Payor Clause on a Juvenile Life Policy provide?Answer - Premiums are waived if payor becomes disabled An agent who signs a blank contract application or policy of insuranceAnswer - Is guilty of a misdeme...

Exam FX Insurance- Wisconsin Life questions (Answered). 100% Accurate, Graded A An insurer decides to renew a policy but at a higher premium rate, starting on the renewal date. How many days in advance must the insured be notified? a) 30 b) 60 c) 90 d) 100 - -b How is the Commissioner of Insurance placed in office? a)By NAIC nomination b)Through a bid process c)An election at the same time that other state officials are selected d)An appointment by the Governor - -d An ins...

SOUTH CAROLINA LIFE AND HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS A closed network plan offers a primary physician copay of $25. If a subscriber chooses a primary care physician outside of the network, the subscriber will likely pay - correct answer 100% of the billed amount What does Coordination of Benefits allow? - correct answer Allows the secondary payor to reduce their benefit payments so no more than 100% of the claim is paid A waiver of premium rider allows an insured to waive ...