Medicare Continued || Well-Enlightened

What is a medicare supplement policy? (Medigap Policy) correct answers Is a health insurance policy sold by private insurance companies to fill in the coverage "gaps" in Original medicare. True or False: Medicare Supplements do NOT cover gaps in Medicare Advantage palns (MA/Medicare Part C) or provide coverage for medicare-approved prescription Drug Plans(Medicare part D). correct answers True True or False: Medicare supplement policies CANNOT cover anything that Medicare would NOT APPROVE payment such as elective cosmetic surgery. correct answers True Medicare Supplements CANNOT be purchased or sold unless the applicant is enrolled in what? correct answers Medicare Parts A and B. Are Medical supplements issued as Individual polices or family policies? correct answers Individual ONLY Currently how many Medicare Supplement plans are available? correct answers 10 Emergency medical care is covered outside the U.S. by which Medigap Policies? correct answers C,D,F,G,L and N Emergency Medigap coverage outside the U.S, the emergency must occur within the first ___ days of the trip. The policy has a $______lifetime benefit. correct answers -60 -$50,000 Can an insurer make changes to the benefits of the Medigap plans? correct answers No the plans are sold AS IS Which cost less generally, Medicare SELECT or other Medigap policies? correct answers Medicare SELECT What is Medicare SELECT? correct answers a type of Medicare policy that requires the insured to use hospitals, and in some cases, doctors within its network to be eligible for full insurance benefits. Insurers operating in Medicare Supplement market in North Carolina MUST offer which plan? correct answers Plan A True or False: Federal Regulations and North Carolina insurance regulations guarantee that for a period of 6 months from the date a recipient enrolls in Medicare Part B and is at least age 65 or older, the enrollee can buy a Medicare supplement policy and cannot be denied a policy due to existing health problem. correct answers True