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Arizona Health Insurance exam
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Arizona Health Insurance exam
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25 Questions

1. Exempt from the premium taxes

2. If the policy has been continued beyond its original term - the __________ may cancel the policy at any time- effective on receipt of written notice. In these situations - the insurer will return any unearned premiums.

3. A __________ is made up of two or more employers in similar or related businesses who do not qualify for group insurance on their own.

4. At least __________ before the expiration of a health plan - written notice should be given to the employer - specifying the terms of the plan's renewal.

5. Health insurance portability and accountability act

6. Core benefits plus medicare part a deductible

7. Qualifying life events under cobra include:

8. What is a nonparticipating policy?

9. What percentage of costs of care will the insurer cover in a bronze plan?

10. A policy issued to the trustees of a fund established by __________ in the same industry - by __________ labor unions - or by __________ employers and __________ labor unions (trustees are the policyholder) for the benefit of persons other than the employers or unions is eligible for coverage in arizona.

11. What is the purpose of reinsurance?

12. High pressure tactics and misleading advertising

13. Mental health parity and addiction equity act

14. Medical insurance; financed from monthly premiums paid by insureds and from the general revenues of the federal government

15. Marketing characteristics of a managerial system

16. __________ are a group of individuals who operate an insurance mechanism using the same principles of individual liability insurers in which each individual underwriter assumes part of each risk.

17. 4 determining factors in life insurance

18. Information from the __________ cannot be used in and of itself to decline a risk - but it can give the underwriter important additional information.

19. Medicare modernization/2003

20. After the birth of a child - a hospital stay will be covered for __________ for normal delivery and __________ for cesarean section.

21. __________ hazards involve evaluationg the character and reputation of the proposed insured.

22. Guaranteed renewable policy

23. In most cases the grace period cannot be less than __________ for weekly premium policies (industrial policies) - __________ for monthly premium policies and __________ for all other modes. Coverage will continue in force during the grace period.

24. Terminated employees are permitted to convert their group health coverage to individual insurance without __________ if the termination was voluntary or involuntary - except for termination due to gross misconduct. This option must be inititiated during the conversion period - which is within __________ days of termination of employment.

25. What is included in the term "sales materials"?