Senior Needs Flashcards
Which of the following is excluded from coverage under Medicare Part B?
A
Home Health Care
B
Acupuncture
C
Inpatient physician services
D
Outpatient emergency treatment
B
Acupuncture
A Medicare beneficiary enrolled in a Medicare Advantage plan may have any of these other insurance plans, EXCEPT:
A
Long-term care
B
Disability income
C
Life insurance with cash value in excess of $1,500
D
Medicare supplement
D
Medicare supplement
Which of the following is not a characteristic of Medicare Part D?
A
The beneficiary is responsible for an annual deductible and either a copayment or coinsurance
B
These plans are funded by the federal government
C
Monthly premiums are required
D
Available to anyone eligible for Part A and/or Part B
B
These plans are funded by the federal government
To be eligible for a Medicare supplement policy, an individual must be:
A
Under age 65
B
Receiving Social Security disability benefits
C
Enrolled in Medicare Parts A and B
D
Covered under a Medicare Advantage plan
C
Enrolled in Medicare Parts A and B
Which of the following is not a core benefit in a Medicare Supplement policy?
A
Coverage for up to 365 days of hospital charges after Medicare benefits run out
B
Coinsurance amounts payable under Part B
C
Coverage for up to 365 days of long-term care expenses after three days of hospitalization
D
The cost for the first three units of blood administered in a calendar year
C
Coverage for up to 365 days of long-term care expenses after three days of hospitalization
All of the following are policy requirements of a Medicare Supplement policy, except:
A
The insurer/producer must explain the relationship of this coverage to the benefits of Medicare
B
The Outline of Coverage contains information on the benefits, deductibles, exclusions, and premiums
C
The Guide to People with Medicare must be provided at the time of application
D
A 10-day free look period
D
A 10-day free look period
Medicaid differs from Medicare in that it is:
A
Only available to persons over age 21 and under age 65
B
Optional coverage for Medicare beneficiaries
C
A federal-state medical assistance program providing health care benefits for low income persons
D
Health insurance for persons who do not have access to group health insurance
C
A federal-state medical assistance program providing health care benefits for low income persons
All of the following are considered Activities of Daily Living (ADLs), except:
A
Cooking
B
Bathing
C
Dressing
D
Eating
A
Cooking
A Long-Term Care policy provides benefits in each of the following settings, EXCEPT:
A
The home of the insured
B
Hospice care in a family member’s home
C
Therapeutic care in an acute care hospital
D
Intermediate care nursing facility
C
Therapeutic care in an acute care hospital
Long-term care does not pay the expenses connected with an acute care hospitalization.
The purpose of a respite care benefit in a Long-Term Care policy is to:
A
Give a primary caregiver a break
B
Provide care for a person who is terminally ill
C
Cover the cost of insurance when a person is disabled
D
Cover care in an adult day care facility
A
Give a primary caregiver a break
In an LTC policy, inflation protection:
A
Cannot be sold to persons over age 75
B
Is only available to persons over age 75
C
Must be offered
D
Must be purchased
C
Must be offered
Regarding the tax treatment of a qualified LTC policy, which of the following statements is correct?
A
LTC benefits are not taxable
B
All premiums are tax deductible
C
Only 10% of the benefits are taxable
D
Only premiums paid by individuals age 65 or older are tax deductible
A
LTC benefits are not taxable
The Minimum Benefit Standards under a qualified LTC policy include all of the following, except:
A
Every LTC policy must include basic policy requirements in the policy provisions
B
Every LTC policy must be issued as noncancellable
C
Every LTC policy must offer optional inflation protection to offset the increased costs of care
D
An Outline of Coverage must be delivered to an applicant on the initial solicitation and prior to the presentation of the application form
B
Every LTC policy must be issued as noncancellable
Regarding Medicare Part B, which of the following is not true?
A
For citizens over the age of 65, there is no additional premium or cost
B
Provides coverage for outpatient services
C
It is optional coverage for those eligible for Part A
D
All recipients pay a monthly premium
A
For citizens over the age of 65, there is no additional premium or cost
A long-term care policy can exclude from coverage all of the following, except:
A
Hospitalization (acute care)
B
Rest cures
C
Intentionally self-inflicted injuries
D
Alzheimer’s disease
D
Alzheimer’s disease
