2015 - Adp - Medigap - Mv/Training

10 Questions | By Bthorup | Updated: Mar 20, 2022 | Attempts: 948

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Questions and Answers

1.

A Medigap plan...
- A.
  
  Helps pay the deductibles and coinsurances of Original Medicare
- B.
  
  Takes the place of Original Medicare
- C.
  
  Requires you to use a specific provider network
2.

Being new to which of the following would make a customer GI for a Medigap plan?
- A.
  
  Medicare Part B
- B.
  
  Medicare Part D
- C.
  
  OneExchange
- D.
  
  None of the above
3.

A person may enroll in a guaranteed issue Medigap plan...
- A.
  
  Within 6 months of turning 65 and enrolling in Part A and B
- B.
  
  After losing group health coverage
- C.
  
  All of the above
- D.
  
  None of the above
4.

Medigap plans DO NOT cover...
- A.
  
  Deductibles and coinsurance of Original Medicare
- B.
  
  Long-term care
- C.
  
  Emergencies outside of the country
- D.
  
  Doctors outside of a network
5.

An important consideration to share with the customer for a Medigap is...
- A.
  
  Plans vary by state
- B.
  
  Plan A offers the richest benefits
- C.
  
  Rates will increase
- D.
  
  All of the above
6.

A Medigap plan will cover an additional 365 days of hospitalization not covered by Medicare and may cover foreign travel emergencies, based on plan selected.
- A.
  
  True
- B.
  
  False
7.

Which state is exempt from the national, standardized Medigap benefits?
- A.
  
  Minnesota
- B.
  
  Massachusetts
- C.
  
  Wisconsin
- D.
  
  All of the above
8.

For a Medigap plan to pay, Medicare doesn’t have to pay first.
- A.
  
  True
- B.
  
  False
9.

Medigap plans are regulated by...
- A.
  
  Insurance Companies
- B.
  
  The State Department of Insurance
- C.
  
  CMS
10.

Medigap plans are also know as Medicare Supplement plans...
- A.
  
  True
- B.
  
  False