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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

When compleling an insurance application, a producer should   A.complete as much of the applicalion as possible before meeting with he applicant to save time   B.request hat the applicant review the completed application before signing it C.avoid asking the applicant questions on he application which may be embarrassing   D.omit information from he application which may cause the application to be rejected by the insurance company

Common coverage of HMOs include Annual Check-ups, confinements, laboratory fees, doctor's fees and dental care TRUE OR FALSE

Which of Ike following statements is CORRECT about he Missialement of Age provision in a health policy?   A.Il is not an oplional provision.   B.It allows an insurance company to adjust the levels of policy benefits for an insured who misslated his age.   C.It limits the time wilhin which an insurance company may conlest a claim on the basis of misstatement of age.   D.It always voids the contract

When compleling an insurance applicalion, a producer should A. complete as much of the application as possible before meeting wilh the applicant to save lime B. request that the applicant review he completed application before signing it C. avoid asking the applicant questions on he application which may be embarrassing D. omit informalion from lhe application which may cause the application to be rejected by the insurance company

An important distinction in health insurance is between the list price (PL) and out-of-pocket price (PP) of a medical good or service. The list price is the official price that the provider charges the insurance company, while the out-of-pocket price is the price that the insurance customer faces. Sometimes, the out-of-pocket price depends on the list price.   Now assume the consumer is part of a partial insurance plan with a coinsurance provision. Her insurance pays 50% of all medical expenses. Consider again the relationship between PL and PP and plot a coinsurance plan demand curve in PL - Q space. Label this curve D3. Finally, assume the consumer is part of a partial insurance plan with a copayment provision. Her insurance pays all expenses above and beyond her copayment of $25 for each unit of Q. Consider again the relationship between PL and PP and plot a copayment-plan demand curve in PL - Q space. Label this curve D4.

Please add a source to the question. If you do want to elect COBRA coverage, what are some important considerations to make sure your health insurance coverage is not interrupted?

Which of the following are deductible medical expenses? Select all that apply. Nonprescription drugs (i.e., over the counter drugs) Vitamins and other health supplements A gym membership Visiting a dentist for a teeth clearning Prescription Drugs Transportation and lodging related to medical care

Do you believe the accuracy of the prepaid accounting balance can be determined by examining, the procedure related to the insurance purchasing process checking authorization, and recording?

When creating an Income Statement and calculating Net Patient Service Revenue, which of the accounts do you actually record as a line item on the Income Statement? O Discounts Charity Care Accounts Receivable Bad Debt

The declarations page of the Personal Auto Policy (PAP) includes all of the following, EXCEPT:     Policy period     Agreement and definitions     Name and mailing address of the insured     Name of the insurer issuing the policy

The best strategy for health insurance coverage is to purchase a comprehensive policy. Of the following, which additional coverage should you not buy if it is not provided at work or in your individual policy? ○ Accident Terminal Disease O Dental O Eyewear O You should not buy any of the above

Discuss what you learned about the Health Insurance Portability and Accountability Act (HIPAA). Be sure to include the portability aspect of the act, as well as the security and privacy provisions.

State Farm State Farm Fire and Casualty Company 11350 Johns Creek Parkway Duluth, GA 30098-0001 AT2 Matt & Sarah Justice 123 GetTheW St. Atlanta, GA 30306 YEAR 2007 NAMED INSURED SYMBOLS A DO NOT PAY PREMIUMS SHOWN ON THIS PAGE. IF AN AMOUNT IS DUE, THEN A SEPARATE STATEMENT IS ENCLOSED. YOUR CAR C D G H JINA M R1 U MAKE TOYOTA MODEL CAMRY COVERAGE & LIMITS 11-2097-4 P Liability Coverage Bodily Injury Limits Each Person, Each Accident A $100,000 $300,000 Property Damage Limit Each Accident $100,000 Medical Payments Coverage Limit- Each Person $1.000 BODY STYLE 4DR Comprehensive Coverage - $200 Deductible Collision Coverage - $1,000 Deductible Emergency Road Service Coverage Car Rental and Travel Expenses Coverage Limit- Car Rental Expense Each Day. Each Loss 80% menntunar $1.000 Uninsured Motor Vehicle Coverage (Difference-In-Limits) Bodily Injury Limits Each Person, Each Accident $50,000 $100,000 Property Damage Limit ($250 Deductible) Each Accident $50.000 Total premium for JUL 21…

You need what type of license to sell Health insurance? OP & C Security Life Health and Life

List the few factors you should consider when evaluating the benefits of health insurance .What are the policy's sibling benefits? What exceptions lead to an emergency room visit? What is the potential cost of coverage ?

Write a 3 page report of the pros and cons of purchasing insurance.   Include information from the articles you choose and be sure to include information about types of insurance and what to look for from an insurance company.

N/R journal entries affecting the T-accounts for the allowance for doubtful accounts.  Thank you for your help.    Can you help me I don't understand

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