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Which of the following is not an insurance management tool? Group of answer choices deductibles. screening of applicants. limits on insurance. restrictive covenants. signalling.

Which of the following types of insurance does NOT involve a contract with an external party? a. self insurance b. directors and officers insurance c. property insurance d. life insurance

Which type of insurance is not deductible as self-employed health insurance? a. Long-term care insurance O b. Medical insurance Oc. Disability insurance Od. Dental insurance Oe. Spousal medical insurance

Entity A obtains life insurance for its key employee from Entity B (an insurance company). Entity B cedes the insurance contract with Entity A to Entity C, another insurance company. How should Entity B account for the insurance contract with Entity C?A. using the modified version of the general model applicable for onerous insurance contractsB. using the general modelC. using a modified version of (a) or (b) applicable to reinsurance contracts heldD. using the premium allocation approach

The Insuring clause in an Accident & Health policy states which of the following information? A. The insured's obligations B. The insurance company's obligations C. The risks excluded from coverage D. The cost of the coverage

What does the insurer agree to pay for in addition to covering losses in an insurance policy? Services such as investigating claims and defending the insured The entire policy limit Premium costs for the policy period Only losses below the deductible

What is a contractual adjustment? How does a health care organization account for a contractual adjustment?

Which of the following would not be an appropriate subaccount for an Insurance Expense Account? Multiple Choice Auto Insurance Expense. Liability Insurance Expense. Rent Expense. Renter Insurance Expense.

What type of private insurance increases the subscriber’s choice of provider and improves access to services financially or through an increased approved network of providers? A. Exclusive B. Substitutive C. Supplementary D. Complementary

Health maintenance organizations (HMOs) provide health care to participants without requiring them to file insurance claims. a. True O b. False

How does the Health Insurance Portability and Accountability Act (HIPAA) facilitate electronic transactions?

What kind of insurance  forms may not be included in the comprehensive forms?

What is meant by the expression, “The policyholder gets the benefit of the doubt,” in connection with any interpretation of the provisions of the life insurance policy?

STATE: Which of the following statements regarding homeowner's insurance is true? A. The listing agent should advise the seller to cancel homeowner's insurance immediately after by the seller's standard homeowner's going under contract B. Vacant properties are always covered insurance police C. A seller that retains possession after closing may not be covered under their homeowner's insurance policy D. Homeowner's insurance policy premiums are not affected by previous claims