LTC Exam ACTUAL Exam Questions and
CORRECT Answers
the amount of premium returned for an insurance policy with a return of premium option is based
on - CORRECT ANSWER - whether they elect to receive limited benefits tax free
what is included in a Medigap policy? - CORRECT ANSWER - Medicare Plan B
coinsurance
What percent of clinical laboratory services, such as blood tests and urinalysis, will Medicare
Part B pay? - CORRECT ANSWER - 100%
If a retired individual has group health coverage through an employer or union and Medicare
coverage, Medicare is: - CORRECT ANSWER - primary
Medicare Part C is a combination of parts: - CORRECT ANSWER - A,B, and D
Which of the following is covered by all Medicare supplement policies? - CORRECT
ANSWER - first three pints of blood
A, age 66, is applying for an individual health insurance policy with ABC insurers. What must
ABC insurers do since A is eligible for Medicare? - CORRECT ANSWER - It must notify
her that the policy is not a Medicare supplement policy
P just turned 85 years old. He lives alone. However, he needs help with everyday tasks such as
bathing, eating, and dressing. Which type of long-term care does P need? - CORRECT
ANSWER - custodial care
How many days of care in specialty psychiatric hospital will Medicare Part A cover during a
person's lifetime? - CORRECT ANSWER - 190
, For Medicare Part A, coinsurance must be paid for which days of a hospital stay? - CORRECT
ANSWER - For days 61 through 90
B is about to turn 65 and has come to you for advice regarding Medicare coverage. What correct
information do you give him? - CORRECT ANSWER - He must pay a monthly premium
to be covered by Medicare Part B
What is open enrollment for Medicare supplement policies? - CORRECT ANSWER -
Open enrollment for Medigap policies spans a six-month period beginning on the first day of the
month in which the individual is age 65 or above and enrolls in Medicare Part B
Which of the following is NOT a level of long-term care? - CORRECT ANSWER -
remedial care
What statement is FALSE about how Medicare Parts A and B are funded? - CORRECT
ANSWER - Medicare Part B is funded by FICA payroll taxes
Which of the following statements correctly describes Medicare Part A hospital insurance? -
CORRECT ANSWER - A benefit period begins on the day a beneficiary is admitted to the
hospital
What is the allotted number of lifetime reserve days under Medicare Part A? - CORRECT
ANSWER - 60
What is the deductible for each Medicare Part A benefit period? - CORRECT ANSWER -
$1,340
Which of the following is not provided under Medicare Supplement A? - CORRECT
ANSWER - prescription drug coverage
A Medicare supplement policy must provide coverage Medicare Part A-eligible expenses for
hospitilization: - CORRECT ANSWER - From days 61 through 90
CORRECT Answers
the amount of premium returned for an insurance policy with a return of premium option is based
on - CORRECT ANSWER - whether they elect to receive limited benefits tax free
what is included in a Medigap policy? - CORRECT ANSWER - Medicare Plan B
coinsurance
What percent of clinical laboratory services, such as blood tests and urinalysis, will Medicare
Part B pay? - CORRECT ANSWER - 100%
If a retired individual has group health coverage through an employer or union and Medicare
coverage, Medicare is: - CORRECT ANSWER - primary
Medicare Part C is a combination of parts: - CORRECT ANSWER - A,B, and D
Which of the following is covered by all Medicare supplement policies? - CORRECT
ANSWER - first three pints of blood
A, age 66, is applying for an individual health insurance policy with ABC insurers. What must
ABC insurers do since A is eligible for Medicare? - CORRECT ANSWER - It must notify
her that the policy is not a Medicare supplement policy
P just turned 85 years old. He lives alone. However, he needs help with everyday tasks such as
bathing, eating, and dressing. Which type of long-term care does P need? - CORRECT
ANSWER - custodial care
How many days of care in specialty psychiatric hospital will Medicare Part A cover during a
person's lifetime? - CORRECT ANSWER - 190
, For Medicare Part A, coinsurance must be paid for which days of a hospital stay? - CORRECT
ANSWER - For days 61 through 90
B is about to turn 65 and has come to you for advice regarding Medicare coverage. What correct
information do you give him? - CORRECT ANSWER - He must pay a monthly premium
to be covered by Medicare Part B
What is open enrollment for Medicare supplement policies? - CORRECT ANSWER -
Open enrollment for Medigap policies spans a six-month period beginning on the first day of the
month in which the individual is age 65 or above and enrolls in Medicare Part B
Which of the following is NOT a level of long-term care? - CORRECT ANSWER -
remedial care
What statement is FALSE about how Medicare Parts A and B are funded? - CORRECT
ANSWER - Medicare Part B is funded by FICA payroll taxes
Which of the following statements correctly describes Medicare Part A hospital insurance? -
CORRECT ANSWER - A benefit period begins on the day a beneficiary is admitted to the
hospital
What is the allotted number of lifetime reserve days under Medicare Part A? - CORRECT
ANSWER - 60
What is the deductible for each Medicare Part A benefit period? - CORRECT ANSWER -
$1,340
Which of the following is not provided under Medicare Supplement A? - CORRECT
ANSWER - prescription drug coverage
A Medicare supplement policy must provide coverage Medicare Part A-eligible expenses for
hospitilization: - CORRECT ANSWER - From days 61 through 90
