The individual mandate requires that most people purchase health insurance or face a penalty of how much?
What is $95 or 1% of income?
100
Accident 1.0 rates are _______, which means they are the same for everyone and only vary based on how many people are being covered.
What is composite?
100
This is the term for an oppositional statement or question from a prospect.
What is an objection?
100
The IRS allows business owners to offer tax preferred treatment to it's employees under which IRS code?
What is section 125?
100
This is a 3rd party website we give plan administrators access to at no cost which may provide guidance in compliance related matters.
What is HR Answers Now?
200
HCR requires businesses with more than ___ employees provide affordable health insurance.
What is 50?
200
Because of the large, lump-sum payouts, we don't recommend pre-taxing these two products.
What are Critical Illness and Life Insurance?
200
The closing technique that involves supposing that your client is going to move forward and completing the paperwork is called this.
What is the assumptive close?
200
An individual who is paying for eligible day-care expenses with pre-tax dollars has this type of benefit.
What is a dependent care FSA?
200
Colonial was founded in this year, and pioneered payroll deduction of your benefits in this year.
What is 1939 and 1955?
300
Individuals who earn less than ___% of the poverty limit may be eligible for a government subisdy.
What is 400?
300
This product can provide an individual with a portion of their paycheck if they were hurt or sick and unable to work.
What is Disability 1000?
300
People make decisions based on ______, not on logic.
What is emotion?
300
An FSA follows this rule, meaning the funds must be used or they will be forfeited at the end of the year.
What is "Use it or lose it?"
300
Colonial Life pays out about $____ million dollars a month in claims.
What is 38?
400
The marketplace where individuals and small business owners can purchase affordable coverage is called ____.
What is the exchange?
(Covered CA also accepted)
400
Our Cancer 1000 product (Level 3) will pay $____/day for chemotherapy and radiation treatment.
What is 300?
400
The #1 positive non-verbal buying signal is this.
What is touching the chin?
400
Section 125 was created by Congress in this year.
What is 1978?
400
This company provides our clients with a discount card to be used for doctor's office visits, prescription drugs, dental services, and more.
What is WellCard Savings?
500
Employers with more than 50 employees that offer coverage but have at least one full-time employee receiving a premium tax credit, will pay the lesser of $___ for each employee receiving a premium credit or $___ for each full-time employee, excluding the first 30 employees.
What is 3000 and 2000?
500
The product that can be used by businesses to reduce their spending on health insurance by changing their deductible and adding this product is called.
What is Medical Bridge 1.0 (Group Medical Bridge)?
(Medical Bridge also accepted)
500
This is the part of the brain that handles the most complex logic and reasoning tasks.
What is the neocortex?
500
In order to provide our clients with a free POP plan, we require that a minimum annual premium of $____ be written in the account.
What is $1,800?
500
The enrollment platform we use for most of our enrollments is called this.