Health

Question 1

Florida law requires that the health insurer to give how many days notice of cancellation during the policy term?

Answer 1

20 days

Question 2

Went to help ensure can refuse to renew the policy only under certain conditions, it is called:

Answer 2

Conditionally renewable

Question 3

When the health insurance is required to renew the policy to his stated age but may increase the premium and the underwriting class in which the insured is placed, it is called:

Answer 3

Guaranteed renewable

Question 4

When the health insurer cannot cancel the policy, cannot increase the premium and increased to renew the policy to his stated age, it is called:

Answer 4

Non-cancelable

Question 5

Health insurance policies do not include:

Answer 5

All dental expenses. Dental expenses that result from an accident are not excluded

Question 6

The period of time between when health policy is issued an excepted and sick benefits begin, maybe called:

Answer 6

Waiting period, elimination period, incubation period in older policy forms

Question 7

John Joe sent in a claim for an occupational injury and for dental expenses to his health insurance company. His health insurance will pay:

Answer 7

Neither occupational injury nor dental expenses

Question 8

Which is the grace period in health insurance policies issued in Florida?

Answer 8

31 days

Question 9

The reinstatement provision in a health insurance policy issued in Florida says:

Answer 9

Reinstatement is at the time of approval or is automatic after 45 days if ensure fails to notify of disapproval within 45 days. Upon reinstatement, accident coverage is immediate, sickness is subject to a 10 day waiting period

Question 10

Health policy that covers basic hospitalization expenses of room and board, nursing care, laboratory fees, operating room, medical supplies and similar items is called:

Answer 10

Hospitalization expense

Question 11

Hey health policy that pays a flat amount per day of hospitalization, without regard to other insurance or expenses, is called:

Answer 11

Hospital indemnity

Question 12

A health policy that covers physician fees for performing surgery, with the maximum Amount payable for each procedure, is called:

Answer 12

Surgical expense

Question 13

A health policy that reimburses insured for non-surgical care provided by a physician, is called:

Answer 13

Physicians coverage

Question 14

Insurance that replaces income while one is unable to work is called:

Answer 14

Disability insurance

Question 15

Under Florida law all standards must be met before a Medicare supplement policy may be identified as such:

Answer 15

Policy must specify minimum limits that will fill Medicare gaps, policies must be an understandable languages, limit on pre-existing conditions cannot exceed six months

Question 16

What is the purpose of Medicare supplement insurance?

Answer 16

Cover costs not covered by federal Medicare

Question 17

To protect consumers, standards for Medicare supplement are established by:

Answer 17

Florida statutes

Question 18

What type of coverage provides protection against catastrophic losses with the deductible, high maximum limit, and coinsurance?

Answer 18

Major medical

Question 19

Went to health insurer may not cancel during the policy term, but has the right to not to renew the policy upon expiration, it is called:

Answer 19

Optionally renewable