Other health insurance concepts

All of the following statements concerning workes compensation are correct Except

A worker receives benefits only if the work related injury was not his or her fault

Alexander has a policy with his ex-wife as it's beneficiary. What provision allows him to change the beneficiary to his new wife.

Change of beneficiary

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 statements about occupational vs nonoccupational coverage is TRUE

Disabled insurance can be written as occupational or nonoccupational

Which of the following are the main factors taken into account when calculating residual disability benefits

Present earnings and earnings prior to disability

Disability income policies can provide coverage for a loss of income when returning to work only part-time after recovering from a total disability. What is the benefit that is based on the insured's loss of earning after recovery from a disability

Residual disability

Workers Compensation benefits are regulated by which entity

State government

The legal process that gives the insurer, after payment of a loss, the right to seek recovery from a third party that was responsible for the loss is known as

Subrogation

An employee is injured in a contraction accident, rendering hi unable to work for a year, which of the following plans would provide him with medical expense coverage and income assistance.

Workers compensation

Which of the following determines whether disability insurance benefits are taxed

whether the premiums were tax deductible

Which statement accurately describes the Change of beneficiary provision

Any policy that has a death benefit must also have a change of beneficiary provision.

Which of the following is NOT true regarding Workers compensation

Benefits are offered by the insurer

Which of the following premium modes would result in the highest annual cost for an insurance policy

Monthly

A woman obtains health coverage through the Marketplace on October 1. Two weeks later she finds out that she is 3 months pregnant. Which of the following is true about coverage for pregnancy?

Pregnancy will be covered immediately

when of the following statements regarding the Change of Beneficiaries provision is false

The policy owner has the right to change beneficiaries in any case