Florida Life and Health Insurance License Practice Test

Under Florida law, which of the following provisions is NOT required in a Medicare Supplement policy?

1. Six-month waiting period for pre-existing conditions.

2. Guaranteed renewability.

3. Limitation on pre-existing conditions for up to 12 months.

4. Coverage for at-home recovery.

The correct answer is: Limitation on pre-existing conditions for up to 12 months.

The other options are incorrect because they are all required provisions in a Medicare Supplement policy under Florida law. Option A, a six-month waiting period for pre-existing conditions, is required to protect insurance companies from people only purchasing coverage when they are in need of expensive medical treatments. Option B, guaranteed renewability, ensures that the insurance company cannot cancel or refuse to renew the policy as long as premiums are paid on time. Option D, coverage for at-home recovery, is required to provide coverage for those who wish to recover at home rather than in a hospital or nursing facility. Therefore, option C, a limitation on pre-existing conditions for up to 12 months, is the only option that is not a required provision in a Medicare Supplement policy under Florida law.