CH 11/12/13 Flashcards
Which of the following provides for the availability of health care insurance benefits for small companies with common employments that band together.
multiple employer trust
A waiting period in a disability income is refereed to
Elimination period
Direct writers employ
Captive agents
Each of the following are supplements or optional coverages that may be added to HMO coverage
Emergency Treatment
A legal relationship between two parties were when one of the parties acts on behalf of another
Agency
Which of the following is the purpose of an accident and health policy probation period
Allows the insurer to deny small pre existing claims
Each of the following is excluded from Blue Cross/ Blue Shield Coverage EXCEPT.
Dental Care resulting from a accident
If a person covered under a PPO seeks treatment outside the plan, what action may the organization take
May reduce benefits
Which of the following is not an advantage of using a third party administrator.
Provides information about coverages and benefits
All of the following are correct in regards to a split dollar plan EXCEPT:
The split dollar plan is a specific type of life insurance policy
Which of thee following policy’s will assist a business in paying expenses and other necessary bills should a manager or director die
Key employee insurance
Which of the following best describes a business buys a policy covering each partner
Entity Plan
A buy sell agreement is designed to protect which of the following
Firm
If an employee covered under a group medical expense plan dies, his family his family may continue coverage under the group plan for
36 months
Which of the following types of disability income polices excludes losses arising out of the occupation of the insured for which the insured is entitled to receive workers compensation benefits
Non Occupational
