Social Insurance [health]

Question 1

. All of the following individuals may qualify for Medicare health insurance benefits EXCEPT
a. a person under age 65 who is receiving Social Security disability benefits
b. a retired person age 50
c. a healthy person age 65
d. a person age 45 who has permanent kidney failure

Answer 1

b. a retired person age
50

Question 2

. Which of the following statements is NOT true concerning medicaid?
a. it consists of 3 parts - Part A, Part B, and Part C
b. it is a state program
c. it is funded by state and federal taxes
d. it is intended to provide medical assistance for certain categories of people who are needy

Answer 2

a. it consists of 3 parts - Part A, Part B, and Part C

Question 3

A Medicare supplement plan must have at least which of the following provisions?
a. conditionally renewable
b. nonrenewable
c. noncancellable
d. guaranteed renewable

Answer 3

d. guaranteed renewable

Question 4

How long is an open enrollment period for Medicare supplement policies?
a. 6 months
b. 1 year
c. 30 days
d. 90 days

Answer 4

a. 6 months

Question 5

How many pints of blood will be paid for by Medicare Supplment Care benefits?
a. none, medicare pays for it all
b. everything after first 3
c. 1 pint
d. first 3

Answer 5

d. first 3

Question 6

In which of the following situations would social security benefits not cease?
a. the individual dies
b. the individual has undergone therapy and is not longer disabled
c. the individuals son gets a part-time job to help support the family
d. the individual reaches age 65

Answer 6

c. the individuals son gets a part-time job to
help support the family

Question 7

Regarding Medicare SELECT policies, what are restricted network provisions?
a. they determine premium rates
b. they help avoid adverse selection
c. they condition the payment of benefits
d. they determine who can be insured

Answer 7

c. they condition the payment of benefits

Question 8

All of the following statements about Medicare Part B are correct except
a. it is financed by monthly premium
b. it is financed by tax revenues
c. it is a compulsory program
d. it covers services and supplies not covered by Part A

Answer 8

c. it is a compulsory program

Question 9

The part of Medicare that helps pay for inpatient hospital care, inpatient
care in a skilled nursing facility, home health care and hospice care, is known as
a. Part C
b. Part D
c. Part A
d. Part B

Answer 9

c. Part A

Question 10

How many parts does Medicare have?

Answer 10

Four: Parts A-D

Question 11

What is another name for Old age, Survivors, and Disability insurance benefits?

Answer 11

Social Security

Question 12

Who qualifies for Medicaid?

Answer 12

Persons with insufficient income

Question 13

What Medicare part helps pay for inpatient hospital care, inpatient care in a skilled nursing facility, home health care and hospice care?

Answer 13

Part A

Question 14

At what age do individuals qualify for Medicare?

Answer 14

Age 65

Question 15

In which Medicare supplemental policies are the core benefits found?

Answer 15

All plans: A-N

Question 16

Who qualifies for Medicare coverage?

Answer 16

People age 65 or older, or anyone who has been entitled to Social Security disability income benefits for 2 years, or
who has chronic kidney disease

Question 17

How many pints of blood will be paid for by Medicare Supplement core benefits?

Answer 17

First 3 pints

Question 18

Medicare A will pay for what types of services?

Answer 18

inpatient hospital care, skilled nursing facility care, home health care and hospice care

Question 19

What is the required free-look period for Medicare Supplment policies?

Answer 19

30 days

Question 20

How is Part B Medicare funded?

Answer 20

By monthly premiums and from the general
revenues of the federal government

Question 21

Who is eligible for Part B medicare?

Answer 21

Part B is optional, and is offered to
everyone who enrolls in Part A

Question 22

What Medicare part provides a prescription drugs benefit?

Answer 22

Part D

Question 23

If an individual is covered by Medicare, and is also covered by his employers health plan, which plan would be considered primary?

Answer 23

the employer

Question 24

What is the purpose of Medicare Supplement plans?

Answer 24

to fill the gaps in Medicare coverage

Question 25

What is another name for Medicare Supplement plans?

Answer 25

Medigap

Question 26

What part of Medicare is known as hospital insurance?

Answer 26

Part A

Question 27

What part of Medicare is known as medical insurance?

Answer 27

Part B

Question 28

What is another name for Medicare Advantage plans?

Answer 28

Part C

Question 29

What benefits are provided by Medicare Part C?

Answer 29

Expanded benefits for a
fee through private insurance programs such as HMO’s or PPO’s.

Question 30

What Medicare part will cover lab services or diagnostic tests?

Answer 30

Part B