FREE AHIP North Carolina Questions and Answers

Question 1

Due to concerns it has regarding the applicant's credit history, Statewide Insurers is requesting an investigative consumer report. What needs to be done before Statewide can get a report?

Accepted Answer

Inform the applicant that he has the right to be contacted for an interview regarding the report.

Answer

Obtain the report only after receiving the applicant's written approval.

Answer

compel the applicant to sign an affidavit attesting to the veracity of the report's claims.

Answer

notifying the applicant of his right to create a report on his own

Question 2

All of the following are prerequisites for obtaining an insurance agent's license, WITH THE EXCEPTION of:

Accepted Answer

College degree

Answer

18 years of age

Answer

Licensing fee

Answer

Good reputation and character

Question 3

The following benefits are ALL provided to insured workers by workers' compensation policies, EXCEPT

Accepted Answer

expenses of running a business until a disabled worker can return to work

Answer

wage replacement benefits for disability

Answer

medical treatment

Answer

vocational rehabilitation

Question 4

Which of the following applies to contributions that are tax deductible, grow tax-free, and provide tax-free payouts for eligible medical expenses?

Accepted Answer

health savings accounts (HSAs)

Answer

flexible spending accounts (FSAs)

Answer

individual retirement accounts (IRAs)

Answer

medical savings accounts (MSAs)

Question 5

Every time Maverick visits a doctor, he must pay $15 under his primary medical insurance. What is the name of this payment?

Accepted Answer

the co-payment

Answer

the deductible

Answer

the doctor visit limit

Answer

the policy's out-of-pocket maximum

Question 6

In order to be covered by a group health insurance policy issued in North Carolina, which of the following is not required?

Accepted Answer

mammograms every year beginning at age 30

Answer

cervical cancer screening

Answer

prostate cancer screening tests

Answer

medicine and treatment for diabetes

Question 7

Which form of rider in a health insurance policy allows an insurance company to deny coverage for a particular medical condition?

Accepted Answer

impairment

Answer

specified disease or illness

Answer

pre-existing condition

Answer

cancelation