Practice Questions with Verified
Answers. GRADED A+. Latest
2026/2027 Update
Types of Medicare Advantage Plans - answer✔✔- PPO, HMO, MSA, Cost Plan, PFFS
Medicare-Medicaid plans - answer✔✔- Serve both Medicare and Medicaid
individuals. Include Part D coverage. Individuals sometimes referred to as dual
eligibles
Medicare Cost Plan - answer✔✔- Type of Medicare health plan. Have Part B to
enroll. Can join anytime plan is accepting new members. A non network provider
will can charge higher coinsurances and deuctibles. Different
enrollment/disenrollment periods apply. Can get Part D Rx coverage if available, or
apply for a separate PDP.
Medicare Entitlement/Enrollment - Part A & Part B - answer✔✔- Individuals with
ESRD may sign up at anytime. Date on which coverage begins is the fourth month
after dialysis begins.
, Medicare Enrollment Period - answer✔✔- Individuals who do not enroll in Part B
when first eligible can enroll during a General Enrollment Period, Jan 1st to Mar
31st each year. Coverage begins July 1st of that year.
Medicare Enrollment Period - Group Health Coverage - correct answer
<<<<<💕💕💕✔✔Individuals who have group health coveage through employer
may enroll in Part A and/or Part B anytime while on group coverage during a
Special Enrollment Period. Occurs during the 8 month period following last month
of group coverage.
Medicare Part A Premium - answer✔✔- Free if worked 40 quarters of your life and
paid Medicare taxes. Premium is $240.00 for individuals or spouses who paid
Medicare taxes for 30 - 39 quarters. Premium is $437.00 for less than 30 quarters.
Medicare Part A Penalty - answer✔✔- Don't enroll in Part A when fist eligible, will
pay a late penalty of up to 10% unless enroll during a Special Enrollment Period.
Medicare Part B Premium - answer✔✔- In 2019, the standard monthly premium is
$135.50 or higher depending on income. Deducted from S.S. check or Railroad
Retirement check. Do not enroll when first eligible, premium is increased 10% for
each 12 month period not enrolled. Deductible for 2019 is $185.00
Part C Medicare Advantage plans - answer✔✔- Entiled to benefits under Part A
AND enrolled in Part B.
Part D Prescription Drug benefits - answer✔✔- Entitled to benefits under Part A
but not enrolled in Part B. Must be entitled to Part A AND/OR enrolled in Part B.