South Carolina Life and Health Study guides, Class notes & Summaries

Final Exam - South Carolina Life and Health Questions & Answers 100% accurate 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 - ANSWERS100% of the billed amount What does Coordination of Benefits allow? - ANSWERSAllows 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 premium...

South Carolina Life and Health Exam Practice Questions & Answers 100% Correct What is the purpose for having an accelerated death benefit on a life insurance policy? - ANSWERSIt allows for cash advances to be paid Premium for a modified whole life policy is - ANSWERSlower then typical during first few years then higher then typical for the remainder An eligible employee can be excluded from group health coverage for up to (blank) months if he/she is considered a late enrollee - ANSWERS18 ...

South Carolina Life and Health

Final Exam - South Carolina Life and Health

In what form do disability income policies typically pay benefits? - ANSWER-Periodic Income What cannot increase the death benefit amount - ANSWER-Waiver of premium Which type of disability would be less than total impairment and equal to permanent impairment? - ANSWER-Permanent partial disability What is required for an insurer to conduct business in this state - ANSWER-Certificate of authority Not a core benefit of Medicare Supplement A - ANSWER-Deductible payments for the first 60...

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 - ANSWERS100% of the billed amount What does Coordination of Benefits allow? - ANSWERSAllows 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 premium payments if the insured is - ANSWERScompletely and permanently disabled Und...

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 - ANSWERS100% of the billed amount What does Coordination of Benefits allow? - ANSWERSAllows 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 premium payments if the insured is - ANSWERScompletely and permanently disabled Und...

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 - ANSWER-100% of the billed amount What does Coordination of Benefits allow? - 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 premium payments if the insured is - ANSWER-completely and permanently disabled Und...

The branch of dentistry which deals with the replacement of missing parts is called Endodontics Periodontics Orthodontics Prosthodontics - ANSWER-Prosthodontics How many months can a life insurance policy normally be backdated from the date of application? 3 6 9 12 - ANSWER-6 HIPAA considers which of the following as "individually identifiable health information"? - ANSWER-A person's health claim information Which of the following is NOT taken into consideration...