Health Insurance Exam-Illinois

Change of occupation {Ans: optional; may reduce benefits for more hazardous job or reduce premiums for less hazardous job}Disability income indemnifies when the insured {Ans: is permanently and totally disabled}Coordination of Benefits provision {Ans: is in some health insurance policies; allows insurance companies to reduce benefits so that the insured will be paid no more that his/her actual loss. prevents the insured from collecting under multiple policies more than his/her actual loss}Non-coordinating policy {Ans: is a policy that does not include a coordination of benefits provision}HMO's practice manage healthcare to the ______extent {Ans: greatest}the managed health care practiced by the HMO the insured receives {Ans: lower premium rates compared to private insurance risk indemnity plans, Blue Cross/Blue Shield service plans and PPO plans}