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AHIP AHM-510 Exam Dumps Questions and Answers

Exam Code: AHM-510
Certification: AHIP Certification
Vendor: AHIP
Last Update: May 6, 2024
Questions: 76
10  Customers Passed AHIP AHM-510
86%  Average Success In Real Exam
93%  Questions came word by word from this dump
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Governance and Regulation Questions and Answers

Questions 1

The Tidewater Life and Health Insurance Company is owned by its policy owners, who are entitled to certain rights as owners of the company, and it issues both participating and nonparticipating insurance policies. Tidewater is considering converting to the type of company that is owned by individuals who purchase shares of the company's stock. Tidewater is incorporated under the laws of Illinois, but it conducts business in the Canadian provinces of Ontario and Manitoba.

Tidewater established the Diversified Corporation, which then acquired various subsidiary firms that produce unrelated products and services. Tidewater remains an independent corporation and continues to own Diversified and the subsidiaries. In order to create and maintain a common vision and goals among the subsidiaries, the management of Diversified makes decisions about strategic planning and budgeting for each of the businesses.

In creating Diversified, Tidewater formed the type of company known as

Options:

A.

A mutual holding company

B.

A spin-off company

C.

An upstream holding company

D.

A downstream holding company

Questions 2

The Surrey Medical Supply Company was formed as a limited partnership. In this partnership, Victoria Lewin is one of the limited partners and Oscar Gould is a general partner. This information indicates that, with respect to the typical characteristics of limited partnerships,

Options:

A.

Ms. Lewin has more freedom to opt out of the partnership than does Mr. Gould

B.

Ms. Lewin has more liability for the debts of Surrey than does Mr. Gould

C.

both Ms. Lewin and Mr. Gould participate in the day-to-day management of Surrey

D.

the partnership will continue upon the death of Mr. Gould, whereas it will end with the death of Ms. Lewin

Questions 3

Several states have adopted clinical practice guidelines for treating workers' compensation injuries. Clinical practice guidelines can best be described as

Options:

A.

Fee schedules that specify the maximum amount providers may charge for treating workers' compensation patients

B.

A utilization management and quality management mechanism designed to aid providers in making decisions about the most appropriate course of treatment for a specific case

C.

Detailed plans of medical treatment designed to facilitate a patient's return to the workplace

D.

Payment practices that might technically violate the provisions of the anti-kickback statute but that will not be considered illegal and for which providers and health plans will not be subject to penalties