Chapter Fourteen Quiz Flashcards
Which of the following must be present in all Medicare supplement plans?
Plan A
All of the following statements about Medicare Part B are:
- Financed by tax revenues
- Financed by monthly premium
- Covers services and supplies not covered by Part A
A 63 year old man is planning to be employed until age 68. When will he be eligible for Medicare?
Age 65, regardless of his employment status
An applicant is discussing his options for Medicare supplement coverage with his agent. The applicant is 65 years old and has just enrolled in Medicare Part A and Part B. What is the insurance company obligated to do?
Offer the supplement policy on a guaranteed issue basis
What is creditable coverage?
Former health coverage that gives an individual rights when applying for new coverage
For how many days of skilled nursing facility care will Medicare pay benefits?
100
HICAP offers services in the following areas:
- Consumer advocacy
- Legal assistance
- Consumer counseling
Which of the following is correct about Medicare?
The program is divided into four parts (A-D)
Regarding Medicare SELECT policies, what are restricted network provisions?
They condition the payment of benefits
A Medicare supplement plan must have at least which of the following renewal provisions?
Guaranteed renewable
Medicare Advantage is also known as:
Medicare Part C
Who does HICAP serve?
Seniors receiving Social Security
