a man is an attorney when he applies for a health policy

Who is responsible for giving the applicant the outline of coverage for a health insurance policy?

Who is responsible for giving the applicant the outline of coverage for a health insurance policy? The producer is responsible for providing the applicant with an outline of coverage upon application or at the time of policy delivery.

Which of the following best defines the probationary period in group health policies?

Which of the following best defines the probationary period in an accident and health insurance policy? The probationary period in an accident and health insurance policy is the period of time between the effective date of the policy and the date coverage begins.

Which is entered in Block 11c of the CMS 1500?

Item 11c-Insurance plan name or program name: Enter the nine-digit payer identification (ID) number of the primary insurance plan or program. If no payer ID number exists, enter the complete primary payer's program name or plan name.Jun 5, 2020

Which of the following applies to the 10 day free look privilege?

which of the following applies to the 10-day free-look privilege? it permits the insured to return the policy for a full refund of premiums paid.

What do you mean by probationary period?

What is Probation Period? Probation period is a period of engaging an employee to test his/her performance on the suitability of a position. If an employee's performance is found to be unsatisfactory, the employer can terminate the employee's services and the same cannot be construed illegal.

What is probationary period in job?

What Is a Probationary Period? Most organizations will expect you to pass a probationary period when you start. This "trial" typically lasts between one and six months – time enough for both you and your employer to decide whether the job's really right for you.

What goes in box 32a on CMS 1500?

National Provider Identifier (NPI)Box 32a: If required by Medicare claims processing policy, enter the National Provider Identifier (NPI) of the service facility.

What is a CMS 1500?

The CMS-1500 form is the standard claim form used by a non-institutional provider or supplier to bill Medicare carriers and durable medical equipment regional carriers (DMERCs) when a provider qualifies for a waiver from the Administrative Simplification Compliance Act (ASCA) requirement for electronic submission of ...Dec 1, 2021

What goes in box 19 on a CMS 1500?

Services rendered to an infant may be billed with the mother's ID for the month of birth and the month after only. Enter “Newborn using Mother's ID”/ “(twin a) or (twin b)” in the Reserved for Local Use field (Box 19). 3 Required Patient's Birth date - Enter member's date of birth and check the box for male or female.

What is a free look?

Variable annuity contracts typically have a "free look" period of ten or more days. During this period, you are free to terminate your contract without paying any surrender charges and you will receive a refund for the amount you paid.

What is a free look provision?

The provision in an annuity contract that allows the owner an opportunity to review the policy for a set period of time, typically 10 days or longer, after contract delivery to determine if they want to keep or return the policy for a full refund.

Which of the following is true about the 10 day free look period?

Which of the following is TRUE about the 10-day free-look period in a Life Insurance policy? It begins when the policy is delivered. If an insured continually uses the automatic premium loan option to pay the policy premium, The policy will terminate when the cash value is reduced to nothing.

What does "renewable" mean in health insurance?

This means that as long as the required premiums are paid, the policy will continue until the insured. Reaches age 65.

Is Ed covered by insurance?

Ed is covered under a health plan provided by his employer. He was told that his insurance would pay the majority of the covered expenses if he would choose to see a provider in his plans list. If Ed chose to be treated by a provider who was not on the list, his portion of the bill would be greater. Ed is covered under a/an.

Is death benefit deductible for business?

If paid by the individual, the premiums are tax deductible. All of the following are true about key-person insurance EXCEPT. The death benefit is taxable to the business. An insured bought an insurance policy that requires him to pay $150 in premiums on the 15th of each month.