Breno has a group extended health coverage plan with an annual coverage limit of $3,500, a deductible of $500, and a coinsurance factor of 70%. Breno incurs $2,000 of eligible medical expenses in the current year. Which of the following CORRECTLY describes Breno's benefits under its group extended health care coverage?

a)Breno must pay 70% of the first $500 of medical expenses incurred.

b) Breno must pay 30% of the first $500 of medical expenses incurred.

c) Breno must pay $950 for his medical expenses in the current year.

d) Breno will be reimbursed for a total of $1,400 for the current year.

Fern bought her house three years ago for $325,000. The house was recently appraised at $400,000 and the outstanding mortgage balance is $250,000. Fern has a $150,000 whole life policy with a cash surrender value (CSV) of $15,000. She also has investment assets worth $85,000. Fern also has a line of credit with a limit of $50,000 and an outstanding balance of $22,000. What is Fern's net worth?
a)		$153,000
b)		$200,000
C)		$228,000
d)		$363,000

Dr. Craig McGilvary is an endodontist who shares a practice with three other dentists. He and the other dentists are members of a plan that issues individual policies. Under the plan, group dentists are guaranteed that coverage will be offered and policies will be issued without coverage restrictions or premium qualifications. What type of plan is Dr. McGilvary a member of?
a)		long term disability group
b)		guaranteed issue
C)		guaranteed renewable
d)		guaranteed standard risk