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Unformatted text preview: a. No, the group health insurance plan will not pay if the surgery because his condition for 12 month for preexisting had not completed. b. Yes, my answer will change it the operation occur in 18 month after Jason was hired because after 12 month his preexisting condition with be given credit. c. No, the new group health insurance plan cannot exclude coverage of the medical condition because Jason has already completed the condition of 12 month, even though he lost his first job and join another job as accountant, he has not exceeded 63-days gap. So, the insurer must give credit for previous coverage of insurance. Chapter 17: Application Question: 5 a. Gross earning= $120, 000 and after deducting allowance and one half of the SS his net earning = $ 80,000 (20,000/80,000=25%) a. He cant add his brother in law in his plan because he is only 20 years old and he has to wait 2 year....
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This note was uploaded on 06/10/2010 for the course FINANCE 444 taught by Professor Rejda during the Spring '10 term at National University of Singapore.
- Spring '10