Tuesday 21 October 2014

GIPSA PRE-PROMOTIONAL MODEL PAPER ON HEALTH INSURANCE

GIPSA
PRE-PROMOTIONAL MODEL QUESTION PAPER ON HEALTH INSURANCE
1.       Under Mediclaim Policy, pre hospitalization expenses are available up to
a.                   60 days
b.                   45 days
c.                   30 days
d.                   105 days

2.       Which one of the following expenses is not covered under Standard Mediclaim Policy-
a.       Expenses towards HIV Test of patient before operation which is covered under this policy
b.       Registration Charges of Hospital
c.       Dialysis Charges in case of renal failure
d.       Angioplasty expenses                                 

3.       Which of the following diseases is not covered in the first  year after inception of a health policy

a.       Cataract, Piles and Hernia
b.       Diabetes, Jaundice and Stroke
c.       Kidney Failure, Cataract and Piles
d.       Hypertension, Stroke and Piles

4.       Income tax benefit under Section 80(D) of  IT Act  is admissible 

a.       If premium is paid in cash
    1. If premium is paid by cheque
    2. (a) and (b)
    3. None of the above

5.       Which of the following  is covered under mediclaim insurance policy

a.       Dental treatment
b.       Cost of Spectacles
c.       Cost of Pacemaker
d.       Cosmetic Surgery

6.       Post Hospitalisation and Pre Hospitalisation expenses are covered for the following number of days under the Medi claim policy

a.       45/45
b.       60/30
c.       30/30
d.       75/15

7.       Which of the following statement is TRUE in respect of a claim under a new mediclaim policy

a.       The coverage starts after 15 days from inception  of the policy
b.       There is a waiting period of 30 days except for accidents
c.       There is a waiting period of 60 days
d.       None of the above

8.       Which of the following is excluded in the Standard Medi Claim Policy

a.       Simple Tooth Extraction
b.       Cataract Operations
c.       Hysterectomy
d.       All the above

9.       Which of the following is / are exclusion/s in the Overseas Medi Claim policy
a.       All pre existing disease
b.       Travel against Medical Advice
c.       First USD 100 on every claim
d.       All of the above.

10.   Following is not an ADD ON COVER under OMP

a.       Personal Accident
b.       Loss of Check in Baggage
c.       Delay of checked in Baggage
d.       Loss of Spectacles

11.   Premium rate under the Overseas Medi claim policy does not depend on

a.       Country of Visit
b.       Trip band
c.       Age band of the insured
d.       Family status of the proposer

12.   Claim are settled under the Overseas Mediclaim Policy

a.       By the Policy Issuing Office
b.       Overseas Claim Settlement Agent
c.       Insured pays to the Hospital and seek reimbursement
d.       Lloyds of London


13.   In the first year of commencement of the Policy, the Mediclaim policy does not cover

a.       Accidents
b.       Cataract
c.       Heart diseases
d.       Fractures

14.   Which of the following expenses are ‘not’ payable under Maternity Benefit*?
a) Cesarean
b) Abdominal operation for extra-uterine pregnancy
c) Miscarriages due to accident
d) Pre-natal expenses prior to hospitalization

15.   Anatomy is a science, which deals with: -
a.       Matter pertaining to TV Antenna.
b.       Matters pertaining to Aviation.
c.       Deals with structure and position of body.
d.       None of above

16.   For admissibility of expenses on hospitalization, the period of hospitalization should be
a.       For a Minimum 24 inpatient consecutive hours in all the cases
b.       Minimum 24 inpatient consecutive hours except for specified procedures for a period less than 24 hours.
c.       Minimum 12 inpatient consecutive hours except for day care.
d.       No such condition

17.   Which of the following is a deferred mediclaim policy
a.       Bhavishya Arogya
b.       Jan Arogya
c.       Cancer medical policy
d.       Overseas mediclaim

18.   In individual health insurance , normally which contingency is not automatically covered
a.       Cancer
b.       Maternity
c.       Minor surgery
d.       Accidental fall
19.   What is the cost of Health check-up under Individual Mediclaim?
a.       1% OF Average SI
b.       2% OF SI
c.       5% OF SI
d.       MAXIMUM Rs.2500. 

20.   When Insured opts for Mediclaim cover with cashless facility the Premium  amount is loaded by
a.     12.5%
b.     6.5%
c.     5.5%
d.     7.5%

21.   What is the waiting period in respect to Maternity Benefit extension under Group Medical Policy
a.       10 MONTHS
b.       12 MONTHS
c.       7 MONTHS
d.       9 MONTHS

22.   How many Critical Illness terms have been standardized to be adopted uniformly across industry, if offered under the product?

a.       9
b.       10
c.       11
d.       None

23.   A Day care treatment refers to medical treatment, and/or surgical procedure which is:

a.       Undertaken under General or Local Anesthesia in a hospital/day care centre in less than 24 hrs because o f technological advancement, and
b.       Which would have otherwise required a hospitalization o f more than 24 hours.
c.       Both of the above
d.       None of the above

24.   Domiciliary hospitalization means medical treatment for an illness/disease/injury which in the normal course would require care and treatment at a hospital but is actually taken while confined at home under any of the following circumstances:

a.        the condition o f the patient is such that he/she is not in a condition to be removed to a hospital
b.       the patient takes treatment at home on account of non availability of room in a hospital.
c.       Admission is not required due to Medical advancement
d.       Both a and b above


25.   Grace period means  (i)-the specified period of time immediately following the premium due date during which a payment can be made to renew or continue a policy in force without loss o f continuity benefits such as waiting periods and coverage of pre existing diseases. (ii)Coverage is not available for the period for which no premium is received.
a.       Only (i) is true
b.       Only (ii) is true
c.       None is true
d.       Both (i) & (ii) is true

26.   A hospital means any institution established for in- patient care and day care treatment o f sickness and / or injuries and which has been registered as a hospital with the local authorities, wherever applicable, and is under the supervision o f a registered and qualified medical practitioner AND must comply with all minimum criteria as under:

a.       has at least 10 inpatient beds, in those towns having a population of less than 10,00,000 and 15 inpatient beds in all other places;
b.       has qualified nursing staff under its employment round the clock; has qualified medical practitioner (s) in charge round the clock; has a fully equipped operation theatre of its own where surgical procedures are carried out
c.       maintains daily records of patients and will make these accessible to the Insurance company’s authorized personnel.
d.       All above

27.   Pre existing disease is any condition, ailment or injury or related condition(s) for which within 48 months to prior to the first policy issued by the insurer

a.       you had signs or symptoms
b.       you were diagnosed
c.       you received medical advice / treatment
d.       all above

28.   What is Acute condition

a.       A medical condition that can be cured by Treatment
b.       a disease, illness, or injury needs ongoing or long-term monitoring through consultations, examinations, check-ups, and /or tests
c.       It needs ongoing or long-term control or relief o f symptoms &it requires your rehabilitation or for you to be specially trained to cope with it
d.       it comes back or is likely to come back

29.   Which is not a chronic condition

a.       A medical condition that can be cured by Treatment
b.       a disease, illness, or injury needs ongoing or long-term monitoring through consultations, examinations, check-ups, and /or tests
c.       It needs ongoing or long-term control or relief o f symptoms &it requires your rehabilitation or for you to be specially trained to cope with it
d.       it comes back or is likely to come back

30.   Newborn Baby , as per standard definition in Health Regulations, means those babies born to you and your spouse during the Policy Period

a.       Aged between 1 day and 90 days.
b.       Aged between 1 day and 30 days
c.       Aged between 1 day and 60 days
d.       Aged between 1 day and 120 days

31.   Maternity expense / treatment, as per standard definition in Health Regulation shall include the following Medical treatment Expenses

a.       Medical Expenses for a delivery (including complicated deliveries and caesarean sections) incurred during Hospitalization;
b.       The lawful medical termination o f pregnancy during the Policy Period limited to 2 deliveries or terminations or either during the lifetime of the Insured Person;
c.       Pre-natal and post-natal Medical Expenses for delivery or termination.
d.       All of the above

32.   The right accorded to an individual health insurance policy holder (including family cover) to transfer the credit gained by the insured for pre-existing conditions and time bound exclusions if the policyholder chooses to switch from one insurer to another insurer provided the previous policy has been maintained without any break is clause
a.       Portability
b.       Subrogation
c.       Contribution
d.       Pre-existing condition

33.   STROKE RESULTING IN PERMANENT SYMPTOMS defined in critical illness in Health Regulations, 2013 includes

a.       Transient ischemic attacks (TIA)
b.       Traumatic injury of the brain
c.       Vascular disease affecting only the eye or optic nerve or vestibular functions.
d.       Infarction of brain tissue, thrombosis in an intracranial vessel, haemorrhage and embolisation from an extracranial source.
34     Who regulates the Health insurance business in India
a.       TPAs
b.       GIPSA
c.       G.I.Council
d.       IRDA

35     SLA means
a.       Standard Legal assessment
b.       Service Level agreement
c.       Standard Level assessment
d.       None

36     What is covered in Standard Group Medi claim policy
a.       Diagnostic expenses not followed by active treatment during hospitalization period.
b.       Surgery for correction of eye sight.
c.       Psychosomatic disorders
d.       None

37     What is IRDA Regulation 5 which finds a mention in Health Policies
a.       Portability
b.       Protection of Policy Holder Interest
c.       Health Regulation, 2013
d.       None

38     During the period of insurance cover, the expenses on which of the following are excluded only for one year in standard GMC policy.
a.       Piles
b.       Diabetes
c.       Polycystic ovarian disease
d.       Joint Replacement

39     Who shall repudiate the health claim, if serviced by TPA and if the claim is not maintainable as per the terms of the cover
a.       TPA
b.       Ombudsman
c.       Insurer
d.       Hospital under PPN

40     Preferred Provider Network is agreement between Health care providers, TPAs and Insurance Companies. Which insurance companies relate to it

a.       PSU Insurers
b.       Standalone health insurers
c.       Both Private and Public health insurers
d.       IRDA licensed insurance companies

41     The insurers’ natural preference in case of health insurance is for lower risk proposers and there is reluctance to insure those with high risk. This is termed as
a.       Adverse selection
b.       Cherry picking
c.       Information asymmetry
d.       All the above

42     Health care providers provide more services in case they observe that the patient has an insurance cover. This abuse is termed as
a.       Demand side moral hazard
b.       Supply side moral hazard
c.       Both the above
d.       None of the above

43     Health underwriting is a process of
a.       Risk selection
b.       Risk Rating
c.       Both of the above
d.       None of the above

44     Unlike Clinical protocols, the health insurance risk assessment is based on prognosis i.e on forecast of probable cause of illness and chance of recovery.
a.       True
b.       False
c.       Neither false nor true
d.       There is no risk assessment in health insurance

45     Factors which effect Morbidity and which are considered while assessing health risk
a.       Age
b.       Gender
c.       Current health status
d.       All of the above.

46     Retail health insurance policies for persons less than 30 years are generally based and underwritten on

a.       Medical underwriting
b.       Non medical underwriting
c.       Both
d.       None

47     Retail Health Hospitalization product generally excludes
a.       Drug abuse
b.       Out patient treatment
c.       HIV/Aids
d.       All of the above

48     Common conditions  which are not covered in Critical illness policies are:
a.       Coronary Artery Bypass Grafting
b.       Kidney failure
c.       Stroke
d.       None

49     Benefit Policies offers lumpsum payouts irrespective of the expenses incurred
a.       True
b.       False
c.       No benefit policies in Health insurance
d.       It is long term cover

50     Who is the data repository for Health insurance data
a.       IRDA
b.       GIPSA
c.       IIB
d.       GI Council

51     IBNR in heath business is calculated
a.       By totaling claims reported in April of Next financial year
b.       By TPAs MIS
c.       By Surveyors assessment
d.       By using actuarial methods

52     Companies doing health insurance business are not required to have
a.       Licensing and registration by Regulator
b.       Health insurance Underwriting Policy duly approved by Board
c.       Anti Fraud policy duly approved by Board
d.       None of the above
53     If two or more policies are taken by insured during a period from one or more insurer the contribution clause will not be applicable where cover benefit offer
a.       Is fixed in nature
b.       Does not have any relation to the treatment cost
c.       Both of the above
d.       None of the above
54     Health Insurance business as defined by Health Regulation means
a.       Sickness benefits or medical, surgical or hospital expenses including long term care
b.       Travel insurance
c.       Personal accident
d.       All of the above
55     Organ transplant surgeries fall under the scope of _________ health care.
a.       Primary
b.       Secondary
c.       Tertiary
d.       None of the above
56     RSBY stands for _____________.

a.       Rajya Swasthya Bima Yojana
b.       Regional Swasthya Bima Yojana
c.       Rashtriya Sarva Bima Yojana
d.       Rashtriya Swasthya Bima Yojana
57     Which of the below statement is correct with regards to cashless insurance?

a.       All treatments are provided free of cost by the hospital
b.       Payments to the hospital are done by cheques
c.       The policy is given free to the patient
d.       The patient does not pay for treatment

58     Claims are a function of ___________.

a.       Frequency
b.       Severity
c.       Both I and II
d.       None of the above
59     Which of the following is not a mechanism to reduce moral hazard?
a.       Co-insurance
b.       Deductible
c.       No claim bonus
d.       Claim rejection
60     Preferred Risk exhibits _____ morbidity rate than that assumed in pricing
a.       Higher
b.       Lower
c.       Equal
d.       Is not linked
61     Identify the correct full form of PPN with regards to hospitals in health insurance.
a.       Public Preferred Network
b.       Preferred Provider Network
c.       Public Private Network

d.     Provider Preferential Network

No comments:

Post a Comment

HEALTH INSURANCE OUTPACES MOTOR INSURANCE IN INDIA

  HEALTH INSURANCE OUTPACES MOTOR INSURANCE IN INDIA Propelling growth at a faster pace, the Health Insurance Line of Business, has create...