Medicare: Comprehensive Instructional Review - Medicare Supplement Long-Term Care Agent 100% Correct
Horace buys a Medicare supplement insurance policy but decides not to keep it. How many days does he have to return it for a full refund of the premium? - ANSWER 30 days Which of the following individuals is an appropriate customer for a Medicare supplement policy? - ANSWER Someone enrolled in both Part A and Part B of Medicare A purchased a long-term care policy on June 15. Two weeks later, she lost her job and decided that she could no longer afford the policy. What are her options? - ANSWER She can return the policy for a full refund of premium. An insured has a LTC policy that has been in force for 3 months. In how many more months will the policy become incontestable on the grounds of misrepresentation alone? - ANSWER 21 months Which of the following is NOT true of Medicaid? - ANSWER It is funded entirely at the federal level Which of the following would NOT be eligible for Medicaid? - ANSWER A healthy young person with no children and a very low income
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