Ch. 19 - Health Underwriting
Mary is the sole proprietor of her business and has a family health plan. She would like to deduct the premiums from her taxes. What percentage of her premiums are tax deductible?
100%
The Medical Information Bureau consists of members from which group?
insurance companies
When does the producer give a premium receipt for an accident and health insurance application?
When the initial premium has been collected with the application
All of these are duties that a producer may be required to perform when delivering an insurance policy EXCEPT
acquire a statement of good health signature
An insured may be required to sign which document at policy delivery to ensure there has not been any adverse medical conditions since the time of the application?
good health statement
A health insurance underwriter will most likely view alcohol abuse as a(n)
increased exposure to risk
Which of the following statements regarding hospital pre-admissions authorization is NOT true?
it encourages weekend admission
Field underwriting by a producer
may result in the disclosure of hazardous activities of the applicant
When a health insurance policy includes a Mandatory Second Surgical Opinion provision, the insured must
seek a second opinion for specified elective surgeries
How is a community rating used for underwriting purposes?
the same rates are charged for individual and group plans in the same geographical area