Which of the following statements about reinstated health insurance policies is CORRECT?
A) They only cover accidents that occur more than 1 month after reinstatement.
B) Health insurance policies cannot be reinstated.
C) Coverage for accidents and sickness begins immediately.
D) They only cover illnesses that began more than 10 days after the policy is reinstated.
Answer: D) They only cover illnesses that began more than 10 days after the policy is reinstated.
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When would the "return on equity" equal the "return on assets"?
A) Whenever the debt to equity ratio is one B) Whenever the debt ratio is zero C) Whenever a firm has positive net worth D) Whenever the firm has positive net worth and positive net income
The duties of today's HR professionals are moving from a transactional to a strategic model. As such, they work toward ________
A) keeping track of government regulations B) supporting day-to-day operational processes C) solving strategic problems in the organization D) solving transactional problems in the organization