Shared Flashcard Set

Details

Missouri Life/Health Insurance
Chapter 8-Health Basics
12
Other
Professional
01/09/2011

Additional Other Flashcards

 


 

Cards

Term
1. Group health insurance is written to cove the employees of 1 employer. (T or F)
Definition
-True
Term
2. The geographical area is used to rate health insurance policies. (T or F)
Definition
-True
Term
3. ______ ______ displays a relationship between the employer and the employee.
Definition
-Group Insurance
Term
Could our insurer cancel our group health coverage next month due to the frequency of claims? (Y or N)
Definition
-NO
Term
To continue coverage on a disabled child of an employee, the employee must prove both the incapacity and dependency of the child. (T or F)
Definition
-True
Term
If an employee has a break in credited coverage for a period of 63 days, the coverage prior to that break may not be counted as credited coverage under the _____ ACT.
Definition
-HIPPA (Health Insurance Portability and Accountablity Act)
Term
A group of more than 20 employees would have _____ available in any state.
Definition
-COBRA
Term
_____ ______ is the condition for which an applicant should have received or did receive medical attention or treatment within a specified period of time prior to the effective date of the policy.
Definition
-Preexisting Condition
Term
A Multiple Employer Trust may be sponsored by and also administered by a third party administrator.(T or F)
Definition
-True
Term
If an employer cancels a group health plan, a presently disabled employee could receive an extension of benefits if the disability occurs while the policy is in force. (T or F)
Definition
-True
Term
The specified period of time before coverage goes into effect for preexisting conditons is known as a waiting period. (T or F)
Definition
-False
Term
If assigned, a reimbursement Medical Expense policy will pay expenses directly to a licensed medical facility. (T or F)
Definition
-True
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