Illinois Accident and Health Producer State - Designated Exam SIMULATOR
New born children must initially be provided health coverage for __ days
31 days
To continue health coverage for a newborn, the policy owner must notify the insurer of birth and provide the first premium payment within __ days of birth
31 days
The waiting period for a pre-existing condition under a Medicare supplement policy may not go beyond
6 months
The waiting period for pre-existing conditions on Medicare supplement policies is _ months
6 months
A producer must Ford collected premiums to the insurer within __ days
90 days
What is the minimum grace period for an individual health policy that is paid monthly
10 days
What does a Medicare supplement policy cover
Allowable amounts under Medicare Part B
When is a group health policy required to provide coverage for a newborn child
At the moment of birth A Group Health policy is required to provide coverage for a newborn child at the moment of birth.
According to Illinois law, when must an agent deliver the outline of coverage to a Medicare supplement applicant
At the time application is made
At what point may a health insurer modify coverage for an individual health policy
At the time of coverage renewal
To be classified as a small employer in Illinois, employer must employ
Between 2 and 50 employees
A hearing must be held before a producers license can be suspended or revoked. Prior to the hearing, the Director is required to
Give written notice to the producer
Long-term care policies issued in Illinois must be
Guaranteed renewable
What is the required renewability status of all Medicare supplement policies
Guaranteed renewable
The health maintenance organization guaranty association
Protects enrollees From the insolvency of the health plan
Which of these actions by licensee would not likely result in a license suspension or revocation
Sharing commission with another similarly-licensed agent
Which circumstance requires the pre-existing condition clause in a long term care policy be waived
The new policy replaces existing coverage with the same insure
Insurance applications must contain which of these disclosure requirements
The soliciting producers name
Who issues Medicare Supplement policies
insurance companies
