Exammmm

Which of the following would be a typical maximum benefit offered by major medical plans?

$1 million

The maximum administrative penalty imposed by the Director for a violation of the Unfair Claims Settlement Practices is

$10,000

A noncontributory group disability income plan has a 30-day elimination period and offers benefits of $2,000 a month. If an employee is unable to work for 7 months due to a covered disability, the employee will receive

$12,000, all of which is taxable

An insured has a $1,000 HRA account through his employer. He incurred $750 in medical expenses the first year of the plan. How much, if anything, will the insured be able to roll over toward the next year's expenses?

$250

An insured is covered under a 2 group health plans- under his own and his spouse's. He had suffered a loss of $2,000. After the insured paid the total of $500 in deductibles and coinsurance, the primary insurer covered $1,500 of medical expenses. What amount, if any, would be paid by the secondary insurer?

$500

What percentage of individually-owned disability income benefits is taxable?

0%

If an applicant for an insurance producer license has been denied licensing, how long must the applicant wait to reapply to a license?

1 year

If an insured is not satisfied with a new health policy, he or she may return it for a full premium refund within how many days of receiving the policy?

10

What is the minimum grace period for a policy that has a monthly premium?

10 days

Any licensed person whose activities affect interstate commerce and who knowingly makes false material statements related to the business of insurance may be imprisoned for up to

10 years

If an insured is not satisfied with a health policy and returns it within 10 days, how much of the premium refund will he or she recieve?

100%

In a noncontributory health insurance plan, what percentage of eligible employees must participate in the plan before the plan can become effective?

100%

All life and disability insurance in connection with credit transactions is subject to the provisions of the insurance code, EXCEPT insurance lasting more than

15 years

If an insurer decides to non-renew all of its health benefits plans, the insurer must provide a notice of its decisions to all affected insurers at least how many days prior to nonrenewal?

180 days

If an insurer decides to nonrenew all of its health benefits plans, the insurer must provide a notice of its decisions to all affected insures at least how many days prior to nonrenewal?

180 days

No misstatements, except fraudulent misstatements, made in the application for the policy can be used to void the policy or to deny a claim for loss incurred or disability once the policy has been in effect for

2 years

The relations of earnings to insurance provisions allows the insurance company to limit the insured's benefits to his/her average income over what period of time?

2 years

COBRA applies to employers with at least

20 employees

A free-look period on a Medicare supplement policy must be at least

30 days

What is the number of credits required for fully insured status for Social Security disability benefits?

40

One of the differences between group underwriting and individual underwriting is that there is little or no medical information required regarding plan participants in groups of

50 or more

The minimum number of credits required for partially insured status for Social Security disability benefit is

6 credits

All disability policies covering injured or sickness newborns must also cover adopted newborns who are placed with the adoptive insured within how many days of birth?

60

All disability policies covering injured or sick newborns must also cover adopted newborns who are placed with the adoptive insured within how many days of birth?

60 days

If an employer provides long-term group disability insurance for it employees, what percentage of monthly wages are lower-paid employees eligible to collect?

66% and 2/3%

Underwriting for disability insurance is unique due to the type of risk involved. Which of the following situations illustrates this?

A construction worker pays a higher premium and receives a poorer classification of disability.

Which statement best defines a Multiple Employer Welfare Arrangement (MEWA)?

A joining together by employers to provide health benefits for employee

How is emergency care covered for a member of an HMO?

A member of an HMO can receive care in or out of the HMO service area, but care is preferred in the service area

Which of the following is an example of a producer's fiduciary responsibilities?

A producer promptly forwarding premiums to the insurance company

All of the following individuals may qualify for Medicare health insurance benefits EXCEPT

A retired person age 50

What is material misrepresentation?

A statement by the applicant that, upon delivery, would affect the underwriting decision of the insurance company

If an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, that would be considered

A unfair trade practice

All of the following lines of authority are considered limited lines EXCEPT

Accident and health insurance

Which of the following is NOT covered under a long-term care policy?

Acute care in a hospital

When the insured purchased his health policy he was a window washer. He has since changed occupations and now manages a library. If the insurer is notified of the insured's change of occupation, the insurer should

Adjust the benefit in accordance with the decreased risk

Which of the following is the closest term to an authorized insurer?

Admitted

A 63-year-old man is planning to be employed until age 68. When will he be eligible for Medicare?

Age 65, regardless of his employment status

In reference to the standard Medicare Supplement benefits plans, what does the term standard mean?

All providers will have the same coverage options and conditions for each plan

If an insurer becomes insolvent, what will happen?

Any insureds who have filed claims will be paid by the Life and Health Insurance Guaranty Association

In disability income insurance, if an insured is considered disabled if they cannot perform any job they are suited for by prior education, training or experience, they fall under which definition of total disability?

Any occupation

What is the maximum period of time during which an insurer may contest fraudulent misstatements made in a health insurance application?

As long as the policy is in force

Applicants for health insurance must be given an outline of coverage

At the time of the application

Occasional visits by which of the following medical professionals will NOT be covered under LTC's home health care?

Attending physician

Which of the following is NOT an enrollment period for Medicare Part A applicants?

Automatic Enrollment

Which of the following is not true of Disability Buy-Sell coverage?

Benefits are considered taxable income to the business

In the event of a divorce, which of the following would allow a divorcee to continue receiving group health coverage under an insured spouse's plan for an additional 36 months?

COBRA

If an applicant for a health insurance policy is found to be a substandard risk, the insurance company is most likely to

Charge an extra premium

All of the following are regulated areas of the insurance industry EXCEPT

Comissions

An insurer neglects to pay a legitimate claim that is covered under the terms of the policy. Which of the following insurance principles has the insurer violated?

Consideration

The gatekeeper of an HMO helps

Control specialist costs

Which of the following is the term for the specific dollar amount that must be paid by an HMO member for a service?

Copayment

Which of the following is the term for the specific dollar amount that must be paid by an HMO member of service?

Copayment

Which of the following terms describes a specific dollar amount of the cost of care that must be paid by the member?

Copayment

After a year of receiving disability income benefits, the insured notices that her monthly benefit has increased slightly. What rider does the policy most likely have that would cause this?

Cost of Living Adjustment Rider (COLA)

Which of the following is NOT true of basic medical expense plans?

Coverage for catastrophic medical expenses

Which of the following is NOT an exclusion in medical expense insurance policies?

Coverage for dependents

The type of insurance sold to a debtor and designed to pay the amount due on a loan if the debtor dies before the loan is repaid is called

Credit life

Which of the following would be the beneficiary in credit life insurance?

Creditor

Which of the following is NOT allowed in credit life insurance?

Creditor requiring that a debtor bus insurance from a certain insurer

A health insurance policy that pays a lump sum if the insured suffers a heart attack or stroke is known as

Critical illness

All of the following statements concerning Accidental Death and Dismemberment coverage are correct EXCEPT

Death benefits are paid only if death occurs within 24 hours of an accident

Which of the following types of insurance policies is most commonly used in credit life insurance?

Decreasing term

Group disability income insurance premiums paid by the employer are

Deductible by the employer as an ordinary business expense

When a producer was reviewing a potential customer's insurance coverage that is written by another company, the producer made several oral statements that were maliciously critical of that other insurer. The producer could be found guilty of

Defamation

Which of the following entities is authorized to issue a license to an insurer?

Director

Under which of the following employer-provided plans are the benefits taxable to an employee in proportion to the amount of premium paid by the employer?

Disability Income

Which of the following will NOT be considered unfair discrimination by insurers?

Discriminating in benefits and coverages based on the insured's habits and ifestyle

All of the following could be considered rebates if offered to an insured in the sale of insurance EXCEPT

Dividends from a mutual insurer

Who can provide skilled nursing care?

Doctor

What is the goal of the HMO?

Early detection through regular checkups

An insured is hospitalized with a back injury. Upon checking his disability income policy, he learns that he will not be eligible for benefits for at least 30 days. This would indicate that his policy was written with a 30-day

Elimination period

In disability income insurance, the time between the on set of an injury or sickness and when benefits begin is known as the

Elimination period

In a group policy, the contract is between

Employer and the insurance company.

What is the difference between the Medicare approved amount for a service or supply and the actual charge?

Excess charge

Which of the following statements is correct concerning taxation of long-term care insurance?

Excessive benefits may be taxable

Under a typical health insurance policy, claims that result from injuries while the insured was intoxicated or under the influence of drugs are generally

Excluded

Items stipulated in the contract that the insurer will not provide coverage for are found in the

Exclusions

All of the following actions can be described as twisting EXCEPT

Explaining to client the advantages of permanent insurance over term and suggesting changing policies

The authority to an agent through the agent's contract is referred to as

Express authority

An insurance company has published a brochure that inaccurately portrays the advantages of a particular insurance policy. What is this an example of?

False advertising

Circulating deceptive sales material to the public is what type of Unfair Trade Practice?

False advertising

Which provision allows the policyholder a period of time, while coverage is in force, to examine a health insurance policy and determine whether or not to keep it?

Free Look Period

If an insured is not satisfied with his new insurance policy, he is allowed to return his policy during a 10-day period after the delivery date of the policy and receive a full premium refund. Which provision allows for this?

Free look

What phase begins after a new policy is delivered?

Free-look period

An insured is involved in an accident that renders him permanently deaf, although he does not sustain any other major injuries. The insured is still able to perform his current job. To what extent will he receive Presumptive Disability benefits?

Full benefits

Which of the following is another name for a primary care physician in an HMO?

Gatekeeper

In which of the following health plans are benefit payments attributed to the employer contributions taxable to the employee?

Group Disability Income

A new employee who meets HIPAA eligibility requirements must be issued health coverage on what basis?

Guaranteed

Most LTC plans have which of the following features?

Guaranteed renewability

Which renewal provision(s) must be included in a long-term care policy issued to an individual?

Guaranteed renewable

Which of the following statements is CORRECT concerning the relationship between Medicare and HMOs?

HMOs may pay for services not covered by Medicare

What are the 2 types of Flexible Spending Accounts?

Health Care Accounts and Dependent Care Accounts

Which of the following is INCORRECT concerning taxation of disability income benefits?

If paid by the individual, the premiums are tax deductible

If a fixed amount is payable for maternity benefits, involuntary complications of pregnancy are deemed to be

Illnesses and are entitled to benefits otherwise provided by the policy

In long-term care (LTC) policies, as the benefit period lengthens, the premium

Increases

A life insurance policy has a legal purpose if both of which of the following elements exist?

Insurable interest and consent

All life insurance and disability insurance in connection with loans or other credit transactions is subject to the provisions of the

Insurance code

Which of the following would need to belong to the Idaho Life and Health Guaranty Association?

Insurance companies in this state

Which of the following refers to "own occupation" disability?

Insured is unable to perform duties of the occupation for which he/she was educated and trained

The Life and Health Insurance Guaranty Association protects insured from

Insurer insolvency

In the event of loss, after a notice of claim is submitted to the insurer, who is responsible for providing claims forms and to which party?

Insurer to the insured

What is NOT a benefit of a POS plan?

It allows guaranteed acceptance of all applicants.

Which of the following statements is NOT true concerning Medicaid?

It consists of 3 parts: Part A: hospitalization, Part B: doctor's services, Part C: disability income

Which of the following is correct regarding credit life insurance?

It insures the life of a debtor

Which is true regarding HMO coverage?

It is divided into geographic territories

Concerning Medicare Part B, which statement is INCORRECT?

It is fully funded by Social Security taxes (FICA)

Which of the following is INCORRECT concerning Medicaid?

It is solely a federally administered program

All of the following would be qualified as a dependent under a Dependent Care Flexible Spending Account, EXCEPT

Jeremy had to have both legs amputated, but has learned how to take care of himself and to get around in a wheelchair

Who pays benefits in the event that an insurer becomes insolvent?

Life and Health Insurance Guaranty Association

In a Disability Income policy, all of the following are considered presumptive disabilities EXCEPT

Loss of one eye

All of the following statements describe a MEWA EXCEPT

MEWAs are groups of at least 3 employers

All of the following are true regarding the Medical Information Bureau EXCEPT

MIB reports are based on information supplied by doctors and hospitals

A policy must include coverage for mammograms if it also provides coverage for

Mastectomies

In group insurance, what is the policy called?

Master policy

What type of benefit helps to pay for accidental injuries that are not severe enough to qualify as disabilities?

Medical Reimbursement Benefit

Which of the following statements pertaining to Medicare Part A is correct?

Medicare Part A is automatically provided when an individual qualifies for Social Security benefits at age 65

Medicare Advantage is also known as

Medicare Part C

An insured is involved in a car accident. In addition to general, less serious injuries, he permanently loses the use of his leg and is rendered completely blind. The blindness improves a month later. To what extent will he receive Presumptive Disability benefits?

No benefits

Disability policies may limit or exclude cosmetic surgery from coverage in all of the following cases EXCEPT

None of the above. All are covered

Premium payments for personally-owned disability income policies are

Not tax deductible

On a participating insurance policy issued by a mutual insurance company, dividends paid to policyholders are

Not taxable since the IRS treats them as a return of a portion of the premium paid

A 55-year-old employee has worked part-time for his new employer for 3 months now, but has not been offered health insurance. What factor has limited the employee's eligibility?

Number of hours worked per week

Which renewal option does NOT guarantee renewal and allows the insurance company to refuse renewal of a policy at any premium due date?

Optionally renewable

Medicare Part A services do NOT include which of the following?

Outpatient Hospital Treatment

If a health care plan has characteristics of an HMO and PPO, what type of plan is it?

POS

Under which of the following organizations are the practicing providers compensated on a fee-for-service basis?

PPO

The part of Medicare that helps pay for inpatient hospital care, inpatient care in a skilled nursing facility, home health care and hospice care, is known as

Part A

A participating insurance policy may do which of the following?

Pay dividends to the policyowner

Which of the following actions on the part of the producer would NOT be considered unfair discrimination?

Paying part of the premium with accumulated surplus from nonparticipating insurance

The cause of loss insured against in an insurance policy are known as

Perils

Which of the following provisions is mandatory for health insurance policies?

Physical examination and autopsy

A guaranteed renewable health insurance policy allows the

Policyholder to renew the policy to a stated age, with the company having the right to increase premiums on the entire class

Which of the following do the Standard and Preferred risk categories share?

Premiums are not elevated

Which of the following best describes taxation of individual disability income insurance premiums and benefits?

Premiums are not tax deductible, and benefits are not taxable

All of the following are considered to be basic benefits of an HMO plan EXCEPT

Prescription drugus

Under a disability insurance policy, the insurer does not pay a monthly benefit that is equal to the insured's previous income. The reason for paying a benefit amount that is less than the insured's income is to

Prevent overutilization and malingering

All of the following are considered to be a supplemental benefits under an HMO plan EXCEPT

Preventive services

All of the following are considered to be supplemental benefits under an HMO plan EXCEPT

Preventive services

What is the initial period of time specified in a disability income policy that must pass, after the policy is in force, before a loss can be covered?

Probationary period

In respect to the consideration clause, which of the following is consideration on the part of the insurer?

Promising to pay in accordance with the contract terms

Which of the following is NOT an account of the Life and Disability Insurance Guaranty Association?

Property insurance

The Gramm-Leach-Bliley Act was passed to

Protect private customer information filed with a financial institution

Insurers may change which of the following on a guaranteed renewable health insurance policy?

Rates by class

If a court ordered payment for a loss that was not covered in the policy even if it was clearly worded, it would be an example of which legal concept?

Reasonable expectations

any inducement offered to the insured in the sale of insurance products that is not specified in the policy.

Rebating

Which of the following insurance options would be considered a risk-sharing arrangement?

Reciprocal

Installing deadbolt locks on the doors of a home is an example of which method of handling risk?

Reduction

Which health insurance provision describes the insured's right to cancel coverage?

Renewal provision

Under the Fair Credit Reporting Act, if the consumer challenges the accuracy of the information contained in his or her report, the reporting agency must

Respond to the consumer's complaint

If a policy contains a maternity deductible, the deductible applies only to the expenses

Resulting from cesarean section delivery

Health insurance underwriting is best defined as

Selection, classification, and rating of risks

Which of the following is an example of a peril covered in an accident and health insurance policy?

Sickness

All of the following long-term care coverages would allow an insured to receive care at home EXCEPT

Skilled care

What is the best way to change an application?

Start over with a fresh application.

Regarding health insurance premiums, all of the following statements are true EXCEPT

Substandard risks are not insurable and are always rejected

Which of the following would be a qualifying event as it relates to COBRA?

Termination of employment due to downsizing

The initial amount of credit life insurance may NOT exceed

The amount to be repaid under the contract

Which of the following is true about the requirements regarding HIV exams?

The applicant must give prior informed written consent

Once a dependent child reaches a certain age, the insurance coverage will be terminated UNLESS

The child is handicapped

Which of the following is TRUE regarding the insurance amount in a credit life policy?

The creditor can only insure the debtor for the amount owed

Producers are required to complete approved continuing education (CE)courses. Who approves CE courses available to producers in this state?

The director

How do employer contributions to a Health Savings Account affect the insured's taxes?

The employer contributions are not included in the individual insured's taxable income

Which of the following statements concerning group health insurance is CORRECT?

The employer is the policyholder

How are excess funds in an employee's HSA handled?

The funds can be carried forward to the next year

In a group policy, who is issued a certificate of insurance?

The individual insured

An insured purchased a noncancellable health insurance policy 1 year ago. Which of the following circumstances would NOT be a reason for the insurance company to cancel the policy?

The insured is in an accident and incurs a large claim

Which of the following factors does an insurer use the most to determine the extent of disability benefits that it will promise in a contract?

The insured's income

When Linda suffered a broken hip, she notified her agent, in writing, within 12 days of the loss. However, her agent did not notify the insurance company until 60 days after the loss. Which of the following statements correctly explains how this claim would be handled?

The insurer is considered to be notified since the notification to agent equals notification to the insurer

Which of the following is NOT a feature of a noncancelable policy?

The insurer may terminate the contract only at renewal for certain conditions

Who is the beneficiary in a credit disability income policy?

The lending institution

If an insurance premium is paid by the policyowner to the agent, and the agent fails to remit that premium to the insurer, which of the following statements is true?

The policy will not lapse since payment to the agent is the same as a payment to the insurer

How does a member of an HMO see a specialist?

The primary care physician refers the member

A producer wants to start selling long-term care insurance products. Which of the following is true regarding special training for the producer?

The producer must complete biennial 4-hour training

Which of the following is correct about Medicare?

The program is divided into four parts (A-D)

Which of the following is true?

The terms of the policy will state whether the policy is assignable and to what extent

Which of the following is an example of a producer's fiduciary duty?

The trust that a client places in the producer in regard to handling premiums

Which of the following is true regarding METs?

They allow several small employers purchase less expensive insurance together

Which of the following is true regarding optional benefits with long-term care policies?

They are available for an additional premium

An insured makes regular contributions to his Health Savings Account. How are those contributions treated in regards to taxation?

They are tax deductible

Which of the following is true regarding benefits paid to disabled employees?

They may be subject to taxation if the premium was paid by the employer

Which provisions states that the insurance company must pay Medical Expense claims immediately?

Time of Payment of Claims

What is the purpose of the rehabilitation benefit in disability insurance?

To cover the expenses of retraining the insured to return to work

What is the purpose of coinsurance provisions?

To help the insurance company to prevent overutilization of the policy

What is the purpose of the Guaranty Association?

To protect insureds from insurer insolvency

A single mother wants to make sure that if she is unable to work for health reasons, she and her child would be protected financially. Which of the following insurance plans would best suit her needs?

Total disability plan

Evaluating information that establishes adverse selection risk is the purpose of which stage of insurance?

Underwriting

All of the following benefits are available under Social Security EXCEPT

Welfare benefits

Under what condition are group disability income benefits received by an employee NOT taxable as income?

When the benefits received are equal or less than the employee's percentage of the contribution

When is the insurability conditional receipt given?

When the premium is paid at the time of application

A policy owner provides a check to the producer for her initial premium. How soon from receiving the check must the producer remit it to the insurer?

Within 21 days

Federal law makes it illegal for any individual convicted of a crime involving dishonesty or breach of trust to work in the business of insurance affecting interstate commerce

Without receiving written consent from an insurance regulatory authority

Can an individual who belongs to a POS plan use an out-of-network physician?

Yes, and they may use any preferred physician, even if not part of the HMO

How are HMO territories typically divided?

geographic areas

In a POS plan, benefits for covered services when self-referring (without having your primary care physician arrange for the service) are generally

more expensive

What is the maximum penalty for habitual willful noncompliance with the Fair Credit Reporting Act?

$2,500

An insured is covered under 2 group health plans - under his own and his spouse's. He had suffered a loss of $2,000. After the insured paid the total of $500 in deductibles and coinsurance, the primary insurer covered $1,500 of medical expenses. What amount, if any, would be paid by the secondary insurer?

$500

An insured was involved in an accident and could not perform her current job for 3 years. If the insured could reasonably perform another job utilizing similar skills after 1 month, for how long would she be receiving benefits under an "own occupation" disability plan?

2 years

If the insured under a disability income insurance policy changes to a more hazardous occupation after the policy has been issued, and a claim is filed, the insurance company should do which of the following?

Adjust the benefit in accordance with the increased risk

An agent is acting ethically in all of the following situations EXCEPT

Always representing the insured

When an insured purchased her disability income policy, she misstated her age to the agent. She told the agent that she was 30 years old, when in fact, she was 37. If the policy contains the optional misstatement of age provision

Amounts payable under the policy will reflect the insured's correct age

In insurance, an offer is usually made when

An applicant submits an application to the insurer

While a claim is pending, an insurance company may require

An independent examination as often as reasonably required

All of the following qualify for Medicare Part A EXCEPT

Anyone who is willing to pay a premium

Which of the following types of agent authority is also called "perceived authority"?

Apparent

The agent known as the "Field Underwriter" because of the information he/she gathers for the insurer. This helps the insurer

Avoid adverse selection

The risk management technique that is used to prevent a specific loss by not exposing oneself to that activity is called

Avoidance

Which of the following is an eligibility requirement for all Social Security Disability Income benefits?

Have attained fully insured status

Which of the following health care plans would most likely provide the insured/subscriber with comprehensive health care coverage?

Health Maintenance Organization plan

When would a misrepresentation on the insurance application be considered fraud?

If it is intentional and material

A Health insurance policy lapses but is reinstated within an acceptable timeframe. How soon from the reinstatement date will coverage for accidents become effective?

Immediately

Guarantee of insurability option in long-term care policies allows the insured to

Increase benefit levels without providing proof of insurability

Which type of a hospital policy pays a fixed amount each day that the insured is in a hospital?

Indemnity

All of the following are differences between individual and group health insurance EXCEPT

Individual insurance does not require medical examinations, while group insurance does require medical examinations

If an adopted newborn is placed with his or her family more than 60 days after birth, which of the following will most likely occur in terms of disability coverage?

It will begin on the date that the child is placed

Insurance that would pay for hiring a replacement for an important employee who becomes disabled is called

Key employee disability insurance

An insurance company wants to obtain the insurance history of an applicant. Which source releases coded information to insurers regarding information included on previous insurance applications?

Medical Information Bureau

Which of the following programs is made up of 4 parts, where the first part is paid for by FICA, and the second part is financed by premiums and payroll taxes?

Medicare

Which type of Medicare policy requires insureds to use specific healthcare providers and hospitals (network providers), EXCEPT in emergency situations?

Medicare SELECT

An individual's tendency to be dishonest would be indicative of a

Moral hazard

Mr. Lowe scheduled his exam but failed to appear at the exam site to sit for the exam. Which of the following will occur?

Mr. Lowe will not receive a refund

An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy?

Mutual

A medical insurance plan in which the health care provider is paid a regular fixed amount for providing care to the insured and does not receive additional amounts of compensation dependent upon the procedure performed is called

Prepaid plan

When benefits are paid directly to the insured under a health insurance policy, the policy provides benefits on what type of basis?

Reimbursement

Which of the following is NOT covered under Plan A in Medigap insurance?

The Medicare Part A deductible

An insured has a Social Insurance Supplement rider in her disability income plan. Following a disability, she begins receiving benefit payments from the insurer. She then begins receiving Social Security benefits that are smaller than the SIS benefit payments. At that point, her insurer ends the SIS benefit payments. Which of the following best describes the situation?

The insured should contact the insurer to confirm her actual Social Security benefit amount. The SIS rider should pay the difference between the rider amount and the actual benefit

Which of the following will vary the length of the grace period in health insurance policies?

The mode of the premium payment

Which of the following is NOT a goal of risk retention?

To minimize the insured's level of liability in the event of loss

Which of the following is NOT the purpose of HIPAA?

To provide immediate coverage to new employees who had been previously covered for 18 months

When an insurer issues an individual health insurance policy that is guaranteed renewable, the insurer agrees

To renew the policy until the insured has reached age 65