Which of the following statements applies to both grandfathered and non-grandfathered health plans?
A) Preventive services must be provided free of charge.
B) Any mistake, even an honest one, on an application is grounds for cancellation of a policy.
C) Pre-existing conditions may be excluded for all patients.
D) Dependent coverage must be extended to adult children until age 26.
Answer: D) Dependent coverage must be extended to adult children until age 26.
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What is the effect on total paid-in capital of a stock dividend and a stock split, respectively?
Stock Dividend....Stock Split a. Increase.............No effect b. No effect............No effect c. Decrease............No effect d. Decrease............Decrease
The customer-value hierarchy consists of the basic product, core benefit, expected product, augmented product, and the consumption system
Indicate whether the statement is true or false