Guaranteed exam missed questions

$0

And employee is insured by a group major medical plan that is provided through her employer. The employer contribute 75% of the premium in the employee contribute to the remaining 25%. If the insured received a benefit from its policy in the amount of $1000, how much of this benefit would be taxed as income? A. $1000 B. $750 C. $250 D. $0

Whatever portion of costs is stipulated to be covered

And insured is involved in car accident and develops a related neurological condition 70 days after the accident itself. Which portion of the cost will be covered by the accidental death and dismemberment portion of the policy? A. Whatever portion of costs is stipulated to be covered B. 50% C. 75% D. None

On premium due date

And insurer can decide to not renew an optionally renewable policy: A. On premium due dates B. At any point. There are no specific dates C. On the 15th of every month D. On the first of every month

The insured's primary beneficiary

Under the payment of claims provision to whom will the insurance benefits be paid if the insured is deceased? A. The insured's beneficiaries first choice B. To any remaining debtors the insured owes C. The insureds primary beneficiary D. The insurance in the state even if a beneficiary is living

Consideration

Which of the following elements of an insurance contract requires paying premium and providing a statement of good health? A. Competent parties B. offer and acceptance C. consideration D. legal purpose

Assignment

What is it called when a doctor excepts the Medicare approved amount? A. Assignment B. consent C. verification D. acceptance