{"id":114949,"date":"2023-08-23T10:42:55","date_gmt":"2023-08-23T10:42:55","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=114949"},"modified":"2023-08-23T10:42:57","modified_gmt":"2023-08-23T10:42:57","slug":"health-and-accident-insurance-exam-questions-with-answers","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/08\/23\/health-and-accident-insurance-exam-questions-with-answers\/","title":{"rendered":"HEALTH AND ACCIDENT INSURANCE EXAM. QUESTIONS WITH ANSWERS."},"content":{"rendered":"\n<p>Health and Accident Exam<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>An employer is issued a group medical insurance policy. This single contract is<br>known as a(n)<br>A. Entire contract<br>B. Master policy<br>C. .Certificate of coverage<br>D. Employer contract<\/li>\n\n\n\n<li>What is issued to each employee of an employer health plan?<br>A. Provision<br>B. Receipt<br>C. Policy<br>D. Certificate<\/li>\n\n\n\n<li>Which of the following decisions would a Health Savings Account (HSA) owner NOT<br>be able to make?<br>A. The amount contributed by the employer<br>B. The amount contributed by the owner<br>C. The underlying account investments used<br>D. The medical expenses paid for by the HSA<\/li>\n\n\n\n<li>Which of the following is INELIGIBLE to participate in a Section 125 Plan?<br>A. Key Employee in a C-Corp<br>B. Highly Compensated Employee in an S-Corp<br>C. A C-Corp Owner with a greater than 2% share<br>D. An S-Corp Owner with a greater than 2% share<\/li>\n\n\n\n<li>Under the subrogation clause, legal action can be taken by the insurer against the<br>A. Responsible third party<br>B. Beneficiary<\/li>\n<\/ol>\n\n\n\n<p>C. Policy owner<br>D. State<\/p>\n\n\n\n<ol class=\"wp-block-list\" start=\"6\">\n<li>According to HIPAA, when an insured individual leaves an employer and immediately<br>begins working for a new company that offers group health insurance, the individual<br>A. Is eligible for coverage upon hire<br>B. Must wait 360 days to be eligible for coverage<br>C. Must continue coverage with the previous employer<br>D. Is eligible for only health insurance, not life or dental insurance<\/li>\n\n\n\n<li>Justin is receiving disability income benefits from a group policy paid for by his<br>employer. How are these benefits treated for tax purposes?<br>A. Partially taxable income<br>B. Non-taxable income<br>C. Taxable income<br>D. Conditionally taxable income<\/li>\n\n\n\n<li>When are group disability benefits considered to be tax-free to the insured?<br>A. When the recipient pays the premiums<br>B. When the employer pays the premiums<br>C. When both the employer and recipient pay the premiums<br>D. When benefits paid are equal to or lower than the recipient&#8217;s salary<\/li>\n\n\n\n<li>Which type of business insurance is meant to cover the costs of continuing to do<br>business while the owner is disabled?<br>A. Disability overhead policy<br>B. Business continuation policy<br>C. Disability buy-sell policy<br>D. Business overhead expense policy<\/li>\n\n\n\n<li>Sole proprietors are permitted tax deductions for health costs paid from their<br>earnings in the amount of<br><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Health and Accident Exam C. Policy ownerD. State<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-114949","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/114949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=114949"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/114949\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=114949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=114949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=114949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}