test 15

  1. 1. Which of the following statements pertaining to health insurance policy premium factors is CORRECT?




    D.  Pearl files a claim against her major medical policy for a $9,800 hospital bill. The claim will likely be paid out of the insurer's reserves.
  2. 2. Assume a health insurance contract states that it will pay $350 a month to the insured, should he or she become totally disabled. Which term most aptly defines' this kind of contract?




    D.  Valued
  3. 3. Which of the following premium factors is unique to health insurance (as opposed to life insurance)?




    D.  Morbidity
  4. 4. Which of the following statements regarding health insurance is CORRECT?




    B.  Medical expense policies reimburse the insured for the cost of medical care.
  5. 5. All of the following are basic forms of health insurance coverage EXCEPT




    B.  limited pay health
Author
riosjuank
ID
231897
Card Set
test 15
Description
chapter 15 test
Updated