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Insurance
Health & accident
Question | Answer |
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If an employee sponsored contributory group disability income plan. The employer pay 60% off of our premium and each employee pays 40% . Any income benefits paid our taxes to the employee at? | 60% of the benefit |
Without a section 125 plan in place, what would happen to an employee payroll contribution to an HS a? | It would be considered taxable income to the employee contributions to an HSA may be made pretax under a section 125 cafeteria plan HIP AAA considers which of the following as individual I don’t know viable health information |
What is issued to each employee of an employer health plan? | Certificate |
Which of the following would be considered a possible application and contract policyholder for a group health benefits | Employer, would be a possible applicant and contract policyholder of a single master contract or master policy for group health benefits. |
Which of the following does coordination of benefits allow? | Allows the secondary payer to reduce their benefit payments so no more than 100% of clean is paid |
Coordination of benefits regulation applies to all of the following plans except | Preferred provider organization plan, coordination of benefits regulation on group health policies does not apply to individual health insurance policies. |
And your group health insurance, a certificate of coverage is issued to | Employee a certificate of coverage is this you to the employee that outlines their benefits the employer is issued the master contract and consider the policy owner |
According to the health insurance portability and accountability act – Hyppa when can a group health policy renewal will be denied | Participation or contribution roles have been violated policy renewal can be denied when participation or contribution roles have been violated |
What is the contract called that is issued to an employer for a group medical insurance plan | Master policy – a single contract for a group medical insurance issue to the employer is known as a master policy. |
Which of the following would evidence ownership in a participating health insurance contract | Policy ownership would evidence ownership in a participating healthcare insurance contract |
Under the HIPPA, the employees new group health plan would verify credible coverage so that the | Employees waiting period for coverage of a pre-existing condition it can be reduced under the new employees health plan |
The purpose of the coordination of benefits provides group accident health plans to | Avoid over payment of claims |
And insured has the right to recover payment made to the insured from the negligent to party is called | Subrogation |
Continued coverage under COBRA would provide to all of the following except for | a covered employee is terminated for gross misconduct |
Ron has a new employer and wishes to enroll in the companies group policy plan which is pre-existing condition applies. Ron cannot have more than – – – previous health insurance | 63 |
And her group health insurance is certificate of coverage is issued to the | Employee |
In an employer sponsored group acting and health plan a master contractors issue to the | Employer – – the employer is considered the policy owner in is issued the master contract |
HIP AAA considers which of the following as individually identifiable health information | A persons health claim information |
Group health plans may deny participation based upon of the | Members part time employment status |
Under the subrogation clause, legal action can be taken by the insurer against the | Responsible third-party |
Which of the following is typically not eligible for coverage in a group health policy | Temporary employee |
Credit accident and health plans are designed to | Help pay off existing loans during period of disability |
Which of the following would evidence ownership in a participating health insurance contract | Policy ownership Dash – policy ownership what evidence ownership in a participating health insurance contract |
Key person disability insurance pays benefits to the | Employer – – provides a crucial benefit to protect the company employee can no longer work during to a disability |
A group disability income plan that pays tax free benefits to cover employees is considered | Non_contributory |
Which type of business insurance is meant to cover the cost of continuing to do a business while owners disabled |