Florida 2 15 Social insurance Exam Questions And Answers

Florida 2 15 Social insurance Exam Questions And Answers What Medicare part provides a prescription drugs benefit? - ANS Part D An insured with Medicare Part D has reached the initial benefit limit and must now pay a portion of prescription drugs cost. What is the term for this gap in coverage? - ANS The donut hole What is another name for Medicare Advantage plans? - ANS Part C Who qualifies for Medicare? - ANS People 65 years or older, people with permanent kidney failure, person who has been on some social security program for at least 24 month What benefit is based on a primary insurance amount (PIA)? - ANS Social Security disability benefit In which Medicare supplement policies are the core benefits found? - ANS All plans (A-N) How many parts does Medicare have? - ANS Four: Parts A-D What part of Medicare is known as medical insurance? - ANS Part B What is another name for Old Age, Survivors, and Disability Insurance benefits? - ANS social security If an individual is covered by Medicare and also covered by his employer's health plan, which plan would be considered primary? - ANS The employer plan on How is Part B Medicare funded? - ANS Part B is funded by monthly premiums and from the general revenues of the federal government Who qualifies for Medicaid? - ANS Persons with insufficient income Who issues Medigap policies? - ANS Private insurers