NLHI Nevada Life and Health Insurance Exam - Set 2 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: A printer preparing Nevada individual health policy forms must place an identifying form number in a specific spot the statute designates, so regulators and consumers can locate it consistently. Under Nevada law, the policy's form number must appear in what location?

Centered across the top margin

On a detachable back cover

Beside the insured's signature line

The lower left-hand corner

Question 42: Nevada's individual health chapter sets a legibility standard for policy type by reference to how much horizontal space a specimen lowercase alphabet occupies, not merely a point size. Under Nevada law, the type must be such that the lowercase alphabet measures at least how long?

One hundred twenty points in length

Sixty points in length

Ninety points in length

Two hundred points in length

Question 43: Classifying a policy, a Nevada analyst checks whether it meets the regulatory definition of long-term care insurance, which hinges partly on where the covered care is delivered. Under the regulation, long-term care insurance covers services provided in what kind of setting?

Only a hospital intensive care unit

Exclusively the insured's own home

Outside an acute-care hospital unit

Only a licensed skilled nursing facility

Question 44: A Nevada regulator examines whether a policy that pays for help when a person can no longer manage everyday tasks because of functional decline fits the long-term care definition. Under the regulation, long-term care insurance covers care necessitated by cognitive impairment or by what other condition?

A temporary sports injury

A loss of functional capacity

An elective cosmetic procedure

A short hospital stay for surgery

Question 45: While mapping the long-term care definition, a Nevada trainee notes that the regulation not only says what long-term care insurance is, but also lists specific coverages that do not count as long-term care. Under the regulation, the definition sets out how many such exclusions?

Three exclusions

Five exclusions

Fifteen exclusions

Nine exclusions

Question 46: A Nevada long-term care policy must alert the buyer to the right to return it during a set period, and the regulation dictates where that alert must appear so it is not buried. Under the regulation, notice of the right to return a long-term care policy must be placed where?

Prominently on the first page

In an appendix at the back

Only in the outline of coverage

On the premium invoice

Question 47: A Nevada buyer returns a long-term care policy during the examination period, and the insurer must send the money back within a set time. A claims trainee in Reno asks how quickly. Under the regulation, the insurer must refund the premium within how many days of the policy's return?

Ten days

Twenty days

Thirty days

Forty-five days

Question 48: A Nevada administrative regulation in the health insurance chapter supplies the meaning of a specific Medicare-related coverage term that other rules rely upon. A new licensee in Reno asks precisely what NAC 687B.2034 defines. Under that regulation, which term is defined?

Medicaid managed care

Medicare Part D prescription plan

Medicare supplement policy

Medicare Advantage plan

Question 49: A candidate studying Nevada's Medicare-related definitions is told that "Medicare Part D" is defined in the administrative code, and warned that a same-numbered statute does not exist. Under Nevada's rules, the definition of "Medicare Part D" is found in which authority?

NRS 687B.2036, a statute

NAC 687B.2036, a regulation

NRS 687B.404, a statute

An internal insurer manual

Question 50: A Nevada individual health insurer notes an asymmetry: benefits for treating severe mental illness are handled differently from coverage relating to the abuse of alcohol or drugs. Under Nevada law and the related mandate, how is substance-abuse coverage offered compared with severe mental illness?

Made available at the applicant's option

Flatly prohibited in individual policies

Required identically to mental illness

Available only to group certificate holders

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