NAME

Question types


Start with


Question limit

of 41 available terms

Advertisement Upgrade to remove ads
Print test

5 Written questions

5 Matching questions

  1. Insurance Speculation
  2. Bad Faith Awards
  3. Underwriting Department
  4. Premium Services Department
  5. Medicaid
  1. a responsible for making sure that the premium rates are accurate and that claim payments do not exceed the amount assumed when the premium rates were calculated
  2. b handles and processes all premium payments received
  3. c the federal program established under Title XIX of the Social Security Act of 1965
  4. d The dollar amount based on two concepts: (1) the degree of wrongfulness and (2) the wealth of the defendant
  5. e means buying insurance or coverage for the purpose of making a profit

5 Multiple choice questions

  1. responsible for presenting insurance products to the company's customers
  2. a denial or renunciation of responsibility
  3. covers medical and hospital services. Such policies are sold as individual or group policies
  4. the Federal Health Insurance Benefit Plan for the Aged and Disabled under Title XVIII of Public Law 89-97 of the Social Security Act
  5. Any expense complete or partial payment is provided under the insurance policy

5 True/False questions

  1. Actuarial Statisticsresponsible for ensuring that the company's operation are conducted on a mathematically sound basis

          

  2. Compensatory Damagesare designed to compensate an insured for all of the actual losses or damages to make that person whole again

          

  3. HIPAA Portabilitygenerally dealing with the patient's right to privacy from the medical provider, health insurer, and any other parties required in the healthcare process

          

  4. Malicethe Federal Health Insurance Benefit Plan for the Aged and Disabled under Title XVIII of Public Law 89-97 of the Social Security Act

          

  5. Department of Insuranceentire insurance industry is overseen by a larger body

          

Create Set