Social Insurance Practice Questions
and All Correct Answers 2026.
All the following statements about Medicare supplement insurance policies are correct EXCEPT
a-they cover Medicare deductibles and copayments
b-they supplement Medicare benefits
c-they are issued by private insurers
d-they cover the cost of extended nursing home care - Answer they cover the cost of
extended nursing home care
All the following statements about Medicare Part B are correct EXCEPT
a-it is a compulsory program
b-it covers services and supplies not covered by part A
c-it is financed by monthly premium
d-it is financed by tax revenues - Answer it is a compulsory program
If one takes Social Security retirement benefits at age 62, what needs to be done at age 65 to
qualify for Medicare?
a-Nothing
b-apply for coverage through the state
c-appear for a physical at the Social Security office
d-apply at a local Social Security office - Answer Nothing
Which of the following statements concerning Medicare Part B is correct?
a-It pays 100% of medicare's standards for reasonable charges
b-it pays for physician services, diagnostic tests , in physical therapy
c-it is provided automatically to anyone who qualifies for part A
d-it pays on a first dollar basis - Answer it pays for physician services, diagnostic tests , in
physical therapy
What is another name for Social Security benefits?
a-Disability and long term care insurance
, Which of the following must be present in all Medicare supplement plans?
a-Plan C coinsurance
b-plan A
c-foreign travel provisions
d-outpatient drugs - Answer plan A
Prior to purchasing a medigap policy, a person must be enrolled in which of the following?
a-Parts A&B of Medicare
b-all four parts of Medicare
c-any private insurance policy
d-only part A of Medicare - Answer Parts A&B of Medicare
Which of the following is NOT covered under plan A in medigap insurance?
a-The 20% part B coinsurance amounts for Medicare approved services
b-the first 3 pints of blood each year
c-the Medicare Part A deductible
d-approved hospital cost for 365 additional days after Medicare benefits end - Answer the
Medicare Part A deductible
An insured has Medicare Part D coverage. Upon reaching the initial benefit limit, what
percentage of the prescription drug costs is the insured responsible for pain?
a-15%
b-16%
c-23%
d-25% - Answer 25%
A medicare SELECT policy does all of the following EXCEPT
a-provide payment for full coverage under the policy for coverage services not available through
network providers
b-provide for continuation of coverage in the event that Medicare SELECT policy's are
discontinued due to the failure of the Medicare SELECT program
and All Correct Answers 2026.
All the following statements about Medicare supplement insurance policies are correct EXCEPT
a-they cover Medicare deductibles and copayments
b-they supplement Medicare benefits
c-they are issued by private insurers
d-they cover the cost of extended nursing home care - Answer they cover the cost of
extended nursing home care
All the following statements about Medicare Part B are correct EXCEPT
a-it is a compulsory program
b-it covers services and supplies not covered by part A
c-it is financed by monthly premium
d-it is financed by tax revenues - Answer it is a compulsory program
If one takes Social Security retirement benefits at age 62, what needs to be done at age 65 to
qualify for Medicare?
a-Nothing
b-apply for coverage through the state
c-appear for a physical at the Social Security office
d-apply at a local Social Security office - Answer Nothing
Which of the following statements concerning Medicare Part B is correct?
a-It pays 100% of medicare's standards for reasonable charges
b-it pays for physician services, diagnostic tests , in physical therapy
c-it is provided automatically to anyone who qualifies for part A
d-it pays on a first dollar basis - Answer it pays for physician services, diagnostic tests , in
physical therapy
What is another name for Social Security benefits?
a-Disability and long term care insurance
, Which of the following must be present in all Medicare supplement plans?
a-Plan C coinsurance
b-plan A
c-foreign travel provisions
d-outpatient drugs - Answer plan A
Prior to purchasing a medigap policy, a person must be enrolled in which of the following?
a-Parts A&B of Medicare
b-all four parts of Medicare
c-any private insurance policy
d-only part A of Medicare - Answer Parts A&B of Medicare
Which of the following is NOT covered under plan A in medigap insurance?
a-The 20% part B coinsurance amounts for Medicare approved services
b-the first 3 pints of blood each year
c-the Medicare Part A deductible
d-approved hospital cost for 365 additional days after Medicare benefits end - Answer the
Medicare Part A deductible
An insured has Medicare Part D coverage. Upon reaching the initial benefit limit, what
percentage of the prescription drug costs is the insured responsible for pain?
a-15%
b-16%
c-23%
d-25% - Answer 25%
A medicare SELECT policy does all of the following EXCEPT
a-provide payment for full coverage under the policy for coverage services not available through
network providers
b-provide for continuation of coverage in the event that Medicare SELECT policy's are
discontinued due to the failure of the Medicare SELECT program
