Chapter 8 Health Insurance For Senior Citizens And Special Needs Individuals

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| By Vivian Tayor
Vivian Tayor, Insurance & Finance
Vivian, with over a decade of financial and insurance leadership, founded Celevi CE, an elite continuing education organization, aiming to empower industry experts with trust and respect.
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  • 1/16 Questions

    Which of the following are most often an elimination period regarding a Long Term Care policy?

    • 10, 20, 30, or 40 days
    • 30, 60, 90, or 180 days
    • 5, 10, 15, or 20 days
    • 10, 15, 25, or 35 days
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About This Quiz

This quiz focuses on Chapter 8, covering Health Insurance for Senior Citizens and Special Needs Individuals. It assesses knowledge on Medicare qualifications, Part D coverage gaps, eligibility, and supplemental plans. Essential for understanding complex health insurance options available to seniors.

Chapter 8 Health Insurance For Senior Citizens And Special Needs Individuals - Quiz

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  • 2. 

     All of the following are qualifying events for Medicare EXCEPT:  

    • Reaching the age of 65

    • Receiving Social Security disability benefits for 2 years or more

    • Being poverty stricken

    • Having chronic kidney failure

    Correct Answer
    A. Being poverty stricken
    Explanation
    Being poverty stricken is not a qualifying event for Medicare. Medicare eligibility is primarily based on age (65 and older) or disability status (receiving Social Security disability benefits for 2 years or more). Additionally, individuals with chronic kidney failure may also qualify for Medicare. However, poverty status alone does not determine eligibility for Medicare.

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  • 3. 

     All of the following individuals may qualify for Medicare Health Insurance benefits EXCEPT:   

    • A person age 53 who suffers from chronic kidney disease

    • A person under age 65 who is receiving Social Security Disability benefits

    • A person age 65 or older

    • A person age 50

    Correct Answer
    A. A person age 50
    Explanation
    Medicare Health Insurance benefits are generally available to individuals who are age 65 or older, or individuals under age 65 who have certain disabilities and are receiving Social Security Disability benefits. Therefore, the only individual who would not qualify for Medicare Health Insurance benefits in this list is a person age 50.

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  • 4. 

    Which of the following must the patient pay under Medicare Part B?  

    • All reasonable charges above the deductible according to Medicare standards

    • A per benefit deductible

    • 80% of covered charges above the deductible

    • 20% of covered charges above the deductible

    Correct Answer
    A. 20% of covered charges above the deductible
    Explanation
    Under Medicare Part B, the patient is responsible for paying 20% of covered charges above the deductible. This means that after the deductible is met, Medicare will cover 80% of the approved charges, and the patient will be responsible for paying the remaining 20%.

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  • 5. 

    After the deductible of Medicare Part D pays 75% of the prescription drug costs up to $2,830, and this limit is reached, a gap in coverage is put into place called a?  

    • Black Out Period

    • Doughnut Hole

    • Supplement

    • Medigap policy

    Correct Answer
    A. Doughnut Hole
    Explanation
    After the deductible of Medicare Part D pays 75% of the prescription drug costs up to $2,830, and this limit is reached, a gap in coverage is put into place called the "Doughnut Hole". This refers to the period where the beneficiary is responsible for a larger share of the prescription drug costs until they reach the catastrophic coverage threshold. During this gap, the beneficiary may have to pay a higher percentage of the drug costs out-of-pocket.

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  • 6. 

    Which of the following is not provided under Part A of Medicare?

    • Hospice Care

    • Home Health Care

    • Prescription Drugs

    • Post-hospital Skilled Nursing Facility care

    Correct Answer
    A. Prescription Drugs
    Explanation
    Prescription Drugs are not provided under Part A of Medicare. Part A of Medicare mainly covers hospital insurance and inpatient care, including skilled nursing facility care, hospice care, and home health care. However, prescription drugs are typically covered under Part D of Medicare, which is a separate prescription drug coverage plan.

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  • 7. 

    Which statement is incorrect concerning Part B of Medicare?

    • All Part B recipients pay a monthly premium

    • Part B covers prescription drugs up to $1,500 annually

    • Part B covers blood except for the first 3 pints per benefit period

    • Part B has an annual deductible and requires a copayment

    Correct Answer
    A. Part B covers prescription drugs up to $1,500 annually
  • 8. 

    What statement regarding Medicare is not true?

    • Medicare may be the primary payor to any employer group health plan coverage.

    • It is a federal health program for people 65 and older and others of any age, who have recieved Social Security Disability benfits for at least 2 years

    • The initial enrollment period lasts 7 months and begins on the 1st day of the 3rd month before one is eligible for Medicare

    • Hospitals and other providers of health care wanting to participate in the Medicare program must be licensed by the state.

    Correct Answer
    A. Medicare may be the primary payor to any employer group health plan coverage.
    Explanation
    Medicare is generally not the primary payor for employer group health plan coverage. In most cases, employer group health plans are the primary payor and Medicare is secondary. This means that the employer group health plan pays first and Medicare pays second. However, there are some exceptions to this rule, such as for small employers with fewer than 20 employees. In these cases, Medicare may be the primary payor.

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  • 9. 

    What statement is incorrect concerning Part B of Medicare?

    • All Part B recipients pay a monthly premium.

    • Part B covers prescription drugs up to $1500 annually

    • Part B covers blood except for the first 3 pints per benefit period

    • Part B has an annual deductible and requires a copayment

    Correct Answer
    A. Part B covers prescription drugs up to $1500 annually
  • 10. 

    All the following qualify for Medicare A, except:

    • Anyone who qualifies through Social Security

    • Anyone who was a railroad or government employee

    • Anyone over 65 not qualifying for hospital insurance and willing to paypremiums.

    • Anyone who is willing to pay a premium

    Correct Answer
    A. Anyone who is willing to pay a premium
    Explanation
    The question asks for an exception to those who qualify for Medicare A. The answer states that anyone who is willing to pay a premium does not qualify for Medicare A. This means that simply being willing to pay a premium is not enough to qualify for Medicare A, suggesting that there are additional requirements or criteria that need to be met in order to qualify for this program.

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  • 11. 

    The initial Enrollment Period for Medicare is 7 months in length.  Which of the following is the start and stop dates for this period?

    • The 1st day of the 3rd month before eligibility starts and the last day of the 3rd month after the month of eligibilty

    • January 1 to July 31, the year of his/her birthday

    • 7 months after his/her 65th birthday

    • Medicare is an automatic enrollment program

    Correct Answer
    A. The 1st day of the 3rd month before eligibility starts and the last day of the 3rd month after the month of eligibilty
    Explanation
    The initial Enrollment Period for Medicare starts on the 1st day of the 3rd month before eligibility starts and ends on the last day of the 3rd month after the month of eligibility. This means that individuals have a total of 7 months to enroll in Medicare, starting before their eligibility begins and ending after their eligibility has started. This allows individuals to have ample time to sign up for Medicare and ensure that they have coverage when they become eligible.

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  • 12. 

    The Medicare Supplement Right of Return provision  (Free Look Period) in this state allows the buyer a period of _____to return a policy and receive a full refund. 

    • 10

    • 15

    • 20

    • 30

    Correct Answer
    A. 30
    Explanation
    The Medicare Supplement Right of Return provision, also known as the Free Look Period, allows the buyer in this state to return a policy and receive a full refund within a period of 30 days. This means that if the buyer is not satisfied with the policy or changes their mind within this timeframe, they have the option to cancel the policy and get their money back.

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  • 13. 

    Producers are allowed commisions on the sale of Medigap policies, but that comission cannot exceed _______ of the renewal commission for servicing te policy in the second year. 

    • 100%

    • 50%

    • 150%

    • 200%

    Correct Answer
    A. 200%
    Explanation
    Producers are permitted to earn commissions on the sale of Medigap policies, but the commission they receive cannot surpass 200% of the renewal commission they earn for servicing the policy in the second year. This means that the maximum commission a producer can receive for selling a Medigap policy is twice the amount they earn for renewing and servicing the policy in the second year.

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  • 14. 

    Which statement regarding Medicare is not true?

    • Medicare may be the primary payor to any employer group health plan coverage.

    • It is a federal health program for people 65 and older of any age, who have received Social Security Disability Benefits for at least 2 years.

    • The initial enrollment period lasts 7 months ad begins on the 1st day of the 3rd month before one is eligible for Medicare.

    • Hospitals and other providers of health care wanting to participate in the medicare program must be licensed by the state.

    Correct Answer
    A. Medicare may be the primary payor to any employer group health plan coverage.
  • 15. 

    What two Medical Supplement plans have Modified Basic Benefits?  

    • A and L

    • K and L

    • E and F

    • A and G

    Correct Answer
    A. K and L
    Explanation
    Medical Supplement plans K and L have modified basic benefits.

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  • 16. 

    Which of the following Medicare Supplement plans would be available to a reasonably healthy 91-year old female?  

    • A-C

    • K&L

    • A only

    • A-L

    Correct Answer
    A. A-L
    Explanation
    The correct answer is A-L. Medicare Supplement plans, also known as Medigap plans, are available to individuals who are 65 years old or older. These plans provide additional coverage to help pay for healthcare costs that are not covered by Original Medicare. Plan A is the most basic Medigap plan, while Plan L provides more comprehensive coverage. Therefore, a reasonably healthy 91-year old female would be eligible for and could benefit from enrolling in a Medigap plan that offers more coverage, such as Plan A-L.

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 25, 2012
    Quiz Created by
    Vivian Tayor
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