LH Chapter 24 FL Manual
Quiz by Brian Morton
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4 questions
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- Q1Which type of group health coverage typically does NOT contain a conversion privilege?Accidental death and dismembermentBasic medical expenseComprehensive medical expenseDisability income60s
- Q2A vacation cruise line that wants group health coverage for its passengers would purchase what kind of insurance?Franchise health insuranceWholesale health insuranceBlanket health insuranceCredit health insurance60s
- Q3Sally is covered by her employer’s noncontributory group disability income plan, the premium for which is $50 a month. If she were to become disabled and receive $1,000 a month, how much of each benefit payment would be taxable income to her?$1,000$0$950$5060s
- Q4Which of the following statements about COBRA is CORRECT?The employer must pay the cost of the continued group coverageCOBRA permits an employee to covert a group certificate to an individual policyThe schedule of benefits during the continuation period may be different than those provided under the group planThe premium for continued group medical coverage may be up to 102% of the premium that would otherwise be charged60s