Unit 21 Flashcards
The core policy (Plan A) developed by the NAIC as a standard Medicare supplement policy includes all of the following EXCEPT:
(A) the Medicare Part A deductible
(B) Part A coinsurance amounts
(C) the first 3 pints of blood each year
(D) the 20% of Part B coinsurance amounts for Medicare-approved services
(A) the Medicare Part A deductible
Which of the following is a serious condition from which a patient can fully recover with medical attention?
(A) Chronic illness
(B) Long-term illness
(C) Acute illness
(D) Severe illness
(C) Acute illness
Skilled nursing care differs from intermediate care in which of the following ways?
(A) It must be performed by skilled medical professionals, whereas intermediate care does not require medical training.
(B) It must be available 24 hours a day, while intermediate care is daily but not 24-hour care.
(C) It is typically given in a nursing home, while intermediate care is usually given at home.
(D) It encompasses rehabilitation, while intermediate care is for meeting daily personal needs, such as bathing and dressing.
(B) It must be available 24 hours a day, while intermediate care is daily but not 24-hour care.
All of the following conditions are typically covered in a long-term insurance policy EXCEPT:
(A) Alzheimer’s disease
(B) senile dementia
(C) alcohol dependency
(D) Parkinson’s disease
(C) alcohol dependency
Which of the following statements about long-term care insurance policies is NOT correct?
(A) Maximum coverage periods generally extend from 2 to 6 years.
(B) Long-term care policies sold today must be guaranteed renewable.
(C) A long-term care policy with a long probationary period will have a lower premium than one with a shorter probationary period.
(D) Premiums for a long-term care policy are based solely on the insured’s age, health, and the type of benefits provided.
(D) Premiums for a long-term care policy are based solely on the insured’s age, health, and the type of benefits provided.
