Guarantee exam missed questions
What is the maximum increase in health insurance rates that an insurer can import on a small employer in one year due to claim experience?
15%
Assistance with personal needs; nonmedical personnel; institutional setting or home
Custodial care
Occasional nursing or rehabilitative care by skilled medical personnel
Intermediate care
An insurer has received some information regarding a newly issued policy that provides sufficient grounds for policy rescission. What should the insurer do?
Notify the insured within 60 days of acquiring the information
Any transaction in which new disability insurance is to be purchased and it is known to the intermediary or company at the time of application that existing disability insurance has been or is to be lapsed or the benefits substantially reduced
Replacement
Relief for family caregiver
Respite care
COBRA laws apply to health insurance policies for employers that have at least how many employees?
20 employees
What percent of a business must an employee own at any time of the year to be considered a "highly-compensated employee"?
5%
The principal of immunity in cancellation or insurance policies applies to which of the following? A) Insurers and their agents B) The insured C) The department D) Beneficiaries
A. Insurers and their agents
Functionally impaired adults; community center; activities, transportation, meals
Adult day care
The term used to describe the practice of making one document a part of another
Incorporation by reference
Skilled nursing services in a person's home
Home health care
What type of insurer uses a formal sharing agreement?
Reciprocal insurers
Nursing and rehabilitative care by medical personnel
Skilled care