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