HIU CE Quiz
From “Variations of Individual Long-Term Care
Insurance” by Burton Beam Jr. and Thomas O’Hare,
February 2009, page 74 (You will need access to the RHU/
REBC Reading Room at www.theamericancollege.edu/
rhurebcreadingroom to answer these questions):
19. Which of the following statements concerning the use of
a pool of money in a long-term care insurance policy is
correct?
(A) It is applicable only when a husband and wife have a
shared benefit.
(B) The size of the pool is a multiple of annual long-term care costs as determined by federal government statistics.
(C) Its use is inappropriate if benefits are paid on a reimbursement basis.
(D) Daily benefit payments from the pool cannot exceed
the daily policy benefits.
20. Which of the following statements concerning nonforfeiture
options in long-term care insurance policies is/are correct?
I. A return-of-premium rider is designed to provide a
full return of any premiums paid if the insured dies
prior to a specified time period after a policy is issued, usually either two or three years.
II. A contingent nonforfeiture benefit provides for a reduced premium if an insured is disabled but unable
to collect long-term care benefits because a policy’s
elimination period has not been satisfied.
(A) I only
(B) II only
(C) Both I and II
(D) Neither I nor II
21. All of the following statements concerning the types of
care that long-term care insurance policies cover are correct EXCEPT:
(A) Nursing-home care must be provided in a facility
with 24-hour care under the supervision of a full-time nurse.
(B) Home health care benefits may include help from
a homemaker companion.
(C) Hospice benefits are usually provided only if care
is received in the dying person’s home or the
home of a relative.
(D) There may be coverage for modification to a
home so that the insured can remain living there.
From “Limited Medical Layered over High-Deductible Plans
Can Provide Clients with Safe Passage through Insurance’s
Rocky Seas” by Bill Henson, March 2009, page 32:
22. The author presents which of the following as factual
statements concerning employer-sponsored health plans?
(A) Two-thirds of employers that offer coverage
through a high-deductible health plan in conjunction with a Health Savings Account make contributions to the HSAs of their employees.
(B) The average income of tax filers who enroll in HSAs
and those who obtain traditional coverage is roughly the same.
(C) The average income of an American worker covered
by employer-sponsored health plans is more than
$100,000 per year.
(D) Employer health insurance premiums for family
coverage have risen to a national average of more
than $12,000 annually.
23. The author presents which of the following as factual statements relevant to today’s employer-sponsored health plans?
I. HDHP enrollees are less likely than traditional plan
enrollees to delay or avoid needed health care services because of costs.
II. HDHP enrollees are less likely than traditional plan
enrollees to report access to care issues.
(A) I only
(B) II only
(C) Both I and II
(D) Neither I nor II
24. The author’s conclusions and/or observations about
today’s employer-sponsored health plans coincide with all
of the following statements EXCEPT:
(A) Unless funded, an HSA is nothing more than a potential tax-savings vehicle.
(B) Indemnity-based limited medical plans are uniquely
positioned to fill the coverage void left by increased
deductibles in an employer health plan.
(C) A large number of employers are raising deductibles
without installing HSAs.
(D) A limited medical plan used in conjunction with a
high-deductible health plan has little value unless
the employer also installs an HSA.
From “A Look at Health Care Systems around the
World—Greece” by Michael Tanner, March 2009, page 42:
25. Which of the following statements concerning the health
care system in Greece is correct?
(A) Managing the delivery of health care is largely the
responsibility of regional organizations.
(B) Employers select the social insurance fund in which
to enroll their employees based on the benefits it offers.
(C) The types of providers that an insured can access are
determined by the Ministry of Social Health and
Cohesion.
(D) Workers are required to contribute the same
amount to a social insurance fund regardless of the
fund in which they are enrolled.
26. Based on the article, which of the following characteristics describe(s) the staff situation at most National
Health Service hospitals?
I. unfilled authorized positions
II. low salaries
(A) I only
(B) II only
(C) Both I and II
(D) Neither I nor II
