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Pearson AHM-520 New Attempt

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Question 28

The Lindberg Company has decided to terminate its group healthcare coverage with the Benson Health Plan. Lindberg has several former employees who previously experienced qualifying events that caused them to lose their group coverage. One federal law allows these former employees to continue their group healthcare coverage. From the answer choices below, select the response that correctly identifies the federal law that grants these individuals with the right to continue group healthcare coverage, as well as the entity which is responsible for continuing this coverage:

Options:

A.

Federal law: Consolidated Omnibus Budget Reconciliation Act (COBRA)

Entity: Lindberg

B.

Federal law: Consolidated Omnibus Budget Reconciliation Act (COBRA)

Entity: Benson

C.

Federal law: Employee Retirement Income Security Act (ERISA)

Entity: Lindberg

D.

Federal law: Employee Retirement Income Security Act (ERISA)

Entity: Benson

Question 29

A health plan can use segment margins to evaluate the profitability of its profit centers. One characteristic of a segment margin is that this margin

Options:

A.

Is the portion of the contribution margin that remains after a segment has covered its direct fixed costs

B.

Incorporates only the costs attributable to a segment, but it does not incorporate revenues

C.

Considers only a segment's costs that fluctuate in direct proportion to changes in the segment's level of operating activity

D.

Evaluates the profit center's effective use of assets employed to earn a profit

Question 30

Geena Falk is eligible for both Medicare and Medicaid coverage. If Ms. Falk incurs a covered expense, then:

Options:

A.

Medicaid will be Ms. Falk’s primary insurer

B.

Medicare will be Ms. Falk’s primary insurer

C.

Either Medicare or Medicaid will be Ms. Falk’s primary insurer depending on her election

D.

Medicare and Medicaid will each be responsible for one-half of Ms. Falk’s covered expense

Question 31

The process of converting the present value of a specified amount of money to its future value is known as

Options:

A.

Capital budgeting

B.

Compounding

C.

Capital rationing

D.

Discounting

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AHIP Certification AHM-520 Dumps PDF, All AHM-520 Test Inside AHIP Questions, Free AHM-520 AHIP Updates, Complete AHM-520 AHIP Materials, AHIP Certification AHM-520 Release Date, Pearson AHM-520 New Attempt,
Exam Code: AHM-520
Exam Name: Health Plan Finance and Risk Management
Last Update: Nov 21, 2024
Questions: 215
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