HealthCare quiz

Fidelity

100

How many clients Fidelity is record keeping in healthcare space (including the new and the legacy platform)

1. 39
2. 42
3. 38
4. 36

3. 38

200

Which of the following product line in Health Care space Fidelity is currently not offering

1. HSA
2. Employer Benefits Record Keeping
3. Medicare Services
4. Benefits Consulting
5. Claims Management

1. a & c
2. b & d
3. c & d
4. c & e

4. c & e

300

What is the recent product build launch announced by Fidelity in health care space.

 

1. Claims Management
2. Medicare Services
3. Voluntary Benefits
4. Mental Health Services

2.  Medicare Services

HW Regulation

100

What is the ‘Type of Medical Plan’ that is required by the individual to enroll into along with HSA

1. High Deductible Health Plan (HDHP)
2. Health Maintenance Organization Plan (HMO)
3. Preferred Provider Organization Plan (PPO)
4. Not required to enroll in a medical plan

1. High Deductible Health Plan (HDHP)

200

What is the regulation that mandates the Employers to provide the health care coverage for a stipulated period of time. 

1. HIPAA
2. QMSCO
3. COBRA
4. ERISA

3. COBRA

300

Cafeteria Plans are governed under which section of IRS 

1.  129
2.  125
3.  106
4.  105

2. 125

Miscellaneous

100

Individual is allowed to change the election into the health plan at any time of the year 

1. True
2. False

2. False

200

What is the ‘term’ used to indicate percentage of the cost paid by individual for healthcare expense

1. Coinsurance
2. Copay
3. Deductible
4. Out of Packet Maximum

1. Coinsurance

300

What are the funding methods used by Employers to fund the H&W plans 

1.  3’rd Party Insurance
2.  Self-Funding
3.  Re-Insurance
4. All of the above

4. All of the above