Florida Life and Health Insurance License Practice Test

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Prepare for the Florida Life and Health Insurance License Test. Study with flashcards and multiple choice questions, each with hints and explanations. Get ready for your certification exam with ease!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What is the required minimum percentage of employee participation for a noncontributory group health insurance plan according to Florida Law?

0%
75%
50%
100%

The correct answer is: 100%

A 0% is incorrect because this suggests that no employee participation is required at all for a noncontributory group health insurance plan, which is not true. In noncontributory plans, the employer pays the entire cost of the plan, but employees are still required to participate as a group. B: 75% is incorrect because this percentage is not specified in Florida law. The required minimum percentage of employee participation may vary depending on the state or specific plan, but in this case, Florida law requires 100% participation. C: 50% is incorrect because this percentage is also not specified in Florida law. As mentioned before, the required minimum percentage of employee participation for a noncontributory group health insurance plan in Florida is 100%.