- (Topic 1)
A health savings account must be coupled with an HDHP that meets federal requirements for minimum deductible and maximum out-of-pocket expenses. Dollar amounts are indexed
annually for inflation. For 2006, the annual deductible for self-only coverage must

1. A. $525
2. B. $1,050
3. C. $2,100
4. D. $5,250

Correct Answer: B

- (Topic 2)
Specialty services that have certain characteristics generally are good candidates for managed care approaches. These characteristics generally include that the specialty service should have

1. A. appropriate, rather than inappropriate, utilization
2. B. a defined patient population
3. C. low, stable costs
4. D. a benefit that cannot be easily defined

Correct Answer: B

- (Topic 3)
Which is an advantage of a for-profit health plan?

1. A. Flexibility in raising capital
2. B. Double taxation
3. C. Exemption from paying federal income taxes.
4. D. None of the above.

Correct Answer: A

- (Topic 1)
In 1999, the United States Congress passed the Financial Services Modernization Act, referred to as the Gramm-Leach-Bliley (GLB) Act. The primary provisions included under
the GLB Act require financial institutions, including health plans, to take several

1. A. Notify customers of any sharing of non-public personal financial information with nonaffiliated third parties.
2. B. Prohibit customers from having the opportunity to 'opt-out' of sharing non-public personal financial information.
3. C. Disclose to affiliates, but not to third parties, their privacy policies regarding the sharing of nonpublic personal financial information.
4. D. Agree not to disclose personally identifiable financial information or personally identifiable health information.

Correct Answer: A

- (Topic 2)
Specialty services with certain characteristics tend to make good candidates for health plan approaches. One characteristic used to identify a specialty service that may be a good candidate for a health plan approach is that the service should have

1. A. a defined patient population
2. B. a complex benefit structure
3. C. low, stable costs
4. D. appropriate utilization rates

Correct Answer: A