QUESTION: 81

In 1999, the United States Congress passed the Financial Services Modernization Act, which is referred to as the Gramm-Leach-Bliley (GLB) Act. The following statement(s) can correctly be made about this act:

The GLB Act allows convergence among the transaction
A only
Both A and B
B only
Neither A nor B

Answer(s): B

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QUESTION: 82

In accounting terminology, the items of value that a company owns--such as cash, cash equivalents, and receivables--are generally known as the company's

revenue
net income
surplus
assets

Answer(s): D

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QUESTION: 83

In addition to the credentialing activities that an health plan performs when initially accepting a provider into its network, the health plan must also perform recredentialing of the same providers on an ongoing basis. Many of the same activities are per

verification of a network provider's medical education and residency
performance of site inspections in a provider's facilities
review of information from a provider's quality improvement activities
verification of a provider's licensure and certification

Answer(s): A

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QUESTION: 84

In assessing the potential degree of risk represented by a proposed insured, a health underwriter considers the factor of anti selection. Anti selection can correctly be defined as the

inability of a proposed insured to share with the insurer the financial risks of healthcare coverage
possibility that a proposed insured will profit from an illness by receiving benefits that exceed the total amount of his or her eligible medical expenses
inability of a proposed insured to provide sufficient evidence that proves he or she is an insurable risk
tendency of people who have a greater-than-average likelihood of loss to apply for or continue insurance protection to a greater extent than people who have an average or less than average likelihood of the same loss

Answer(s): D

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Free AHM-250 Exam Braindumps (page: 22)

QUESTION: 81

QUESTION: 82

QUESTION: 83

QUESTION: 84

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