Accident-and-Health-or-Sickness-Producer Exam Dumps : MarylandAccident and Health or Sickness Producer Series 20-24 Exam

With a revocable beneficiary (Insurance Article, § 16-201), the policyowner retains the right to change the beneficiary, not the beneficiary, insurer, or producer, who lack such authority.

References:Maryland Insurance Article, § 16-201; MIA policy ownership rules.

Reasonable and customary charges (Insurance Article, § 15-1005) reflect average fees for procedures in a specific geographic area (e.g., 80th percentile), ensuring fair reimbursement. Actuarial tables, studies, and national surveys aren’t the primary basis.

References:Maryland Insurance Article, § 15-1005; MIA health insurance guidelines.

The Maryland Insurance Administration (MIA) is a state agency under Insurance Article, § 2-101, regulating insurance within Maryland. The federal government oversees broader laws, the NAIC is a voluntary group, and the General Assembly legislates, but the MIA operates as an executive state entity.

References:Maryland Insurance Article, § 2-101; MIA official structure.