1 | Page
Medicare Supplement and Long Term Care
Questions and Correct Answers
what facility is long term care NOT provided in Ans: Hospital
an insured receives health care through both Medicare and
Medicaid. She Currently has prescription drug coverage through
Medicaid. does the insured need to enroll in Medicare part D?
Ans: Yes, she must begin receiving her prescription Drug coverage
through Part D
To quality for skilled nursing care a patient must Ans: have a
qualifying hospital stay of at least 3 consecutive days
if a insured returns a Medicare supplement policy too the insurer
with in 30 days of policy delivery without providing a reason, how
much of policy premium with be refunded? Ans: 100%
© 2025 All rights reserved
, 2 | Page
An individual long term care insurance policy holder has the right
to return the policy for a full refund of premium with in 30 days
of the policy Ans: delivery to the insured
If an agent receives 1000 in commissions upon the first renewal of
a medigap policy what is the maximin compensation that the agent
may receive on the fourth renewal Ans: 1000 dollars
claim for Medicare part a services are filed by Ans: the provider
with the Medicare intermediary
An agent sells medigap insurance in north Carolina, her renewal
commission is 10% the most that the agent can receive in first year
commission is? Ans: 20 percent
What Medicare part WILL allow an assignment payment method?
Ans: Part B
If a patient is admitted to a hospital for special care, inpatient
dialyze treatments are covered under what? Ans: Medicare Part A
© 2025 All rights reserved
Medicare Supplement and Long Term Care
Questions and Correct Answers
what facility is long term care NOT provided in Ans: Hospital
an insured receives health care through both Medicare and
Medicaid. She Currently has prescription drug coverage through
Medicaid. does the insured need to enroll in Medicare part D?
Ans: Yes, she must begin receiving her prescription Drug coverage
through Part D
To quality for skilled nursing care a patient must Ans: have a
qualifying hospital stay of at least 3 consecutive days
if a insured returns a Medicare supplement policy too the insurer
with in 30 days of policy delivery without providing a reason, how
much of policy premium with be refunded? Ans: 100%
© 2025 All rights reserved
, 2 | Page
An individual long term care insurance policy holder has the right
to return the policy for a full refund of premium with in 30 days
of the policy Ans: delivery to the insured
If an agent receives 1000 in commissions upon the first renewal of
a medigap policy what is the maximin compensation that the agent
may receive on the fourth renewal Ans: 1000 dollars
claim for Medicare part a services are filed by Ans: the provider
with the Medicare intermediary
An agent sells medigap insurance in north Carolina, her renewal
commission is 10% the most that the agent can receive in first year
commission is? Ans: 20 percent
What Medicare part WILL allow an assignment payment method?
Ans: Part B
If a patient is admitted to a hospital for special care, inpatient
dialyze treatments are covered under what? Ans: Medicare Part A
© 2025 All rights reserved
