WEBCE QUESTIONS AND CORRECT ANSWERS /A+ GRADE

Periods of ineligibility for Medicaid may be waived in cases of hardship. True False 1 of 54 Under current Medicaid rules, what is the look-back period for the transfer of assets? 12 months 24 months 36 months 60 months 2 of 54 Most LTC insurance policies are issued as guaranteed renewable. As such, which statement is true? Policy premiums cannot be increased for any reason. The insurer must renew the policy as long as premiums are paid. The insurer must renew the policy as long as the insured continues to be insurable. Premiums can be increased selectively for individual policies, based on the insured's health. 3 of 54 EXAM All of the following are examples of formal caregiving EXCEPT: home health aides intermediate care facilities volunteer charitable groups daily transportation to a senior center provided by a neighbor 4 of 54 Which of the following sets forth the length of time an LTCI policy will pay benefits? the grace period the elimination period the benefit period the restoration period 5 of 54 Misrepresenting a long-term care policy pertains only to statements the producer makes or literature he or she delivers. True False