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How to Pass the AHIP AHM-510 Exam: Comprehensive Governance and Regulation Guide and Tips

Questions 11

State X issued a nonresident license to Tamara Pensky, a sales representative of the Verity Health Plan. In doing so, State X imposed a countersignature requirement, which requires that

Options:
A.

An officer of Verity sign a written statement which indicates that Verity appoints Ms. Pensky as an agent who is authorized to market Verity's products

B.

An officer of Verity sign a written statement which certifies that Verity has investigated Ms. Pensky's qualifications and background and believes she is trustworthy and competent

C.

Applications solicited by Ms. Pensky must be signed by an individual who holds a resident License

D.

Applications solicited by Ms. Pensky must be signed by an officer of Verity

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Questions 12

The government uses various tools within the realm of two broad categories of public policy-allocative policies and regulatory policies. In the context of public policy, laws that fall into the category of allocative policy include

Options:
A.

The Balanced Budget Act (BBA) of 1997

B.

The Health Insurance Portability and Accountability Act (HIPAA) of 1996

C.

Laws affecting health plan quality oversight

D.

Laws specifying procedures for health plan handling of consumer appeals and grievances

Questions 13

TRICARE, a military healthcare program, offers eligible beneficiaries three options for healthcare services: TRICARE Prime, TRICARE Extra, and TRICARE Standard. With respect to plan features, both an annual deductible and claims filing requirements must be met, regardless of whether care is delivered by network providers, under

Options:
A.

TRICARE Prime and TRICARE Extra only

B.

TRICARE Extra and TRICARE Standard only

C.

TRICARE Standard only

D.

None of these healthcare options

Questions 14

One example of health plan's influence on the practice of medicine is that, during the past decade, the focus of healthcare has moved toward _________________, which is designed to reduce the overall need for healthcare services by providing patients with decision-making information.

Options:
A.

Demand management

B.

Managed competition

C.

Comprehensive coverage

D.

Private inurement

Questions 15

The Sawgrass Health Center is an institution that trains healthcare professionals and performs various clinical and other types of healthcare-related research. Because Sawgrass receives government funding, it is required to provide medical care for the poor. Of the following types of health plans, Sawgrass can best be described as:

Options:
A.

A medical foundation

B.

An academic medical center (AMC)

C.

A healthcare cooperative

D.

A community health center (CHC)

Questions 16

One provision of the Mental Health Parity Act of 1996 (MHPA) is that the MHPA prohibits group health plans from

Options:
A.

Setting a cap for a group member's lifetime medical health benefits that is higher than the cap for the member's lifetime mental health benefits

B.

Imposing limits on the number of days or visits for mental health treatment

C.

Charging deductibles for mental health benefits that are higher than the deductibles for medical benefits

D.

Imposing annual limits on the number of outpatient visits and inpatient hospital stays for mental health services

Questions 17

The Wentworth Corporation uses a self-funded plan to provide its employees with healthcare benefits. One consequence of Wentworth's approach to providing healthcare benefits is that self-funding

Options:
A.

Requires that Wentworth self-administer its healthcare benefit plan

B.

Requires that Wentworth pay higher state premium taxes than do insurers and health plans

C.

Eliminates the need for Wentworth to pay a risk charge to an insurer or health plan

D.

Increases the number of benefit and rating mandates that apply to Wentworth's plan

Questions 18

The board of directors of the Garnet Health Plan, an integrated delivery system (IDS), includes physicians and hospital representatives who sometimes feel compelled to represent a specific organization that is only one part of the IDS. Such a circumstance can lead to ___________, which is a situation in which the members of the board focus on the best interests of component parts of the enterprise rather than on the best interests of Garnet as a whole.

Options:
A.

An enterprise-focused board

B.

Representational governance

C.

Enterprise liability

D.

Boundary spanning

Questions 19

In the paragraph below, a statement contains two pairs of terms enclosed in parentheses.

Determine which term in each pair correctly completes the statement. Then select the answer choice containing the two terms that you have chosen.

Inflation plays a role in the health plan environment by influencing the prices of healthcare services, supplies, and coverage. During an inflationary period, consumers typically have (more / less) purchasing power because the prices of goods and services increase (more / less) quickly than income.

Options:
A.

More / more

B.

More / less

C.

Less / more

D.

Less / less

Questions 20

A federal law that significantly affects health plans is the Health Insurance Portability and Accountability Act of 1996 (HIPAA). In order to comply with HIPAA provisions, issuers offering group health coverage generally must.

Options:
A.

Renew group health policies in both small and large group markets, regardless of the health status of any group member

B.

Provide a plan member with a certificate of creditable coverage at the time the member enrolls in the group plan

C.

Both A and B

D.

A only

E.

B only

F.

Neither A nor B

Exam Code: AHM-510
Certification Provider: AHIP
Exam Name: Governance and Regulation
Last Update: Jan 16, 2025
Questions: 76
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