Florida statutes, rules, and regulations Study guides, Class notes & Summaries

Chapter 29: Florida Statutes, Rules & Regulations Pertinent to Health Insurance. (18%) Exam Required & Optional Coverage - answerMedical Providers Diabetes Coverage (Equipment, Supplies & Outpatient Self-Management Training Osteoporosis Coverage Coverage for newborn children (30 days) Coverage for adopted, foster, custodial and natural born children Coverage for children w/disabilities Coverage for mastectomies Coverage for mammograms Required & Optional Coverage Part 2 - answerCannot...

Florida Statutes, Rules and Regulation Pertinent to Health Insurance Exam Health insurance policies or HMO contacts that do not provide the creditable coverage benefits - answernongrandfathered health plans In Florida group health policies are what - answerguranteed renewable Group health insurance policies are required to offer coverage for - answeralcoholism and drug dependancy For new born how much will they pay for transportation - answer1000 If coverage is provided to a new born of ...

Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam What is a dependent? - answerSomeone replying on the insured for support What does exempt mean? - answerNot subject to obligation What does grandfathered mean? - answerExempt from a new law or regulation What is a Guaranteed Renewable Policy? - answerA policy written on a noncancellable basis with the guaranteed right to renew. What is an Indemnity Contract? - answerPays health policy benefits to the insured based...

Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam A corporation can be considered a "small group employer" if it has at least one and a maximum of how many employees? - answer50 A 65-year-old enrolls for benefits under Medicare part B and submits an application for a Medicare supplement policy two months later. For which reason may the insurer deny the application? - answerMaterial misrepresentation Who must sign the notice regarding replacement? - answerBoth t...

Florida Statutes, Rules and Regulations Pertinent to Health Insurance 18% Exam With Complete Solutions Minimum Benefit Standards - answerFlorida law regulates the minimum standards for coverage. Grandfathered Health Plan - answerSection 42&18011 of the US Code says that any group health plans participants have the right to maintain coverage when the insured's changes plans and to have creditable coverage count toward HIPAA eligibility relating to pre-existing conditions exclusions. Non...

Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered what type of insurer? - answerauthorized Which of the following is true regarding branch agency licensing? - answeragent in charge must be licensed All of the following would be considered an insurance transaction EXCEPT - answerObtaining an insurance license All agents licensed in this stat...

Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam The continuation of coverage provision allows terminated employees to continue coverage under a group health insurance plan for up to - answer18 months Every insurer marketing Long-Term Care insurance must establish marketing procedures to ensure all of the following EXCEPT - answerLTC policies are marketed effectively to prospective insureds. Which of the following government health programs provides health insur...

Florida Statutes, Rules, and Regulations Common To All Lines Exam Chief Financial Officer - answeris independently elected and serves as the head of the Department of Financial Services and as a member of the Financial Services Commission. Financial Services Commission - answeris responsible for administration and regulation of insurance Office of Insurance Regulation - answeris responsible for all activities concerning insurers. Office of Financial Regulation - answeris responsible for a...

Florida Statutes Rules and regulations pertinent to life insurance Exam Questions with correct Answers | Verified & Answers | 100% Correct Florida life insurance solicitation law - Answer ️️ -Spells out the infirmation and procedures required of agents and insurers when proposing life insurance to a prospective buyer Florida Replacement rule - Answer ️️ -Sets forth the requirements and procedures to be followed by insurance companies and agents when a proposal is being made in whic...

Insurance - Florida Statutes, Rules, & Regulations Common to All Lines Exam Questions and Answers | Verified & Updated | Graded A Solicitation Negotiations Sale Advising individual on coverage/claims - Answer ️️ -What four things does insurance transaction mean? Insurance Contract - Answer ️️ -This is an agreement between a policyowner (often an insured) and an insurer, where the insurer agrees, for consideration, to idemnify the insured for loss caused by specified events Ins...