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Author Question: Reasons for having a minimum participation requirement before a group is eligible for insurance ... (Read 41 times)

skymedlock

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Reasons for having a minimum participation requirement before a group is eligible for insurance include which of the following?
 
  I. To lower the expense rate per unit of insurance
  II. To minimize the possibility of insuring a group which consists largely of unhealthy individuals
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about the eligibility requirements for group insurance is true?
 
  A) Most plans cover both full-time and part-time employees.
  B) An employee must be actively at work on the day the employee's group insurance becomes effective.
  C) An employee who signs-up for insurance during an eligibility period must furnish evidence of insurability.
  D) One purpose of a probationary period is to determine whether the employee is healthy enough to be covered under the group health insurance plan.



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beccamahon

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Answer to Question 1

Answer: C

Answer to Question 2

Answer: B




skymedlock

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Reply 2 on: Jul 11, 2018
Wow, this really help


robbielu01

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Reply 3 on: Yesterday
:D TYSM

 

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