Medicare License Questions with answers,

Medicare License Questions with |\ |\ |\ |\




answers

If someone has Original Medicare, in which part or parts of
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Medicare is he or she enrolled? |\ |\ |\ |\ |\




A. Parts A and B
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B. Parts A, B, and C
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C. Part C |\ |\




D. Parts A, B, C, and D - CORRECT ANSWERS ✔✔A. Parts A and B
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Parts A and B are referred to as Original Medicare because they
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were enacted together when the Social Security law was
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originally amended to create Medicare. Parts C and D were added
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later.
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An individual has been working for 8 years while the Hospital
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Insurance tax has been getting deducted from her paycheck.
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How many more years must she work before she can get
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Medicare Part A coverage premium-free? |\ |\ |\ |\




A. 4 |\

,B. 7
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C. 12
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D. 2 - CORRECT ANSWERS ✔✔D. 2
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Part A coverage is premium-free for workers who have paid the
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Hospital Tax for 10 years. The individual has paid for 8 years, so
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she has 2 more years to go.
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Suppose a worker's income is between 120% and 135% of the
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federal poverty level. What is the name of the Medicare Savings
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Program for which she is eligible?
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A. Specified Low-Income Medicare Beneficiary
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B. Qualifying Individual
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C. Medicare Advantage
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D. Qualified Medicare Beneficiary - CORRECT ANSWERS ✔✔B.
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Qualifying Individual |\




The Qualifying Individual program pays the Part B premium for
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persons whose income is less than 135% of the federal poverty
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,level but higher than the requirements for other Medicare savings
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pro-grams.
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Medicare Advantage is another name for what part of Medicare?
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A. Part A
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B. Parts A and B
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C. Part C
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D. Part D - CORRECT ANSWERS ✔✔C. Part C
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Medicare Part C is also called Medicare Advantage
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For which of the following reasons do most people become
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eligible for Medicare? |\ |\




A. Receipt of Social Security disability benefits for 2 years
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B. Kidney failure
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C. Payment of the Hospital Insurance payroll tax for 10 years
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D. Turning age 65 - CORRECT ANSWERS ✔✔D. Turning age 65
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, Medicare eligibility age is 65. Most people become eligible for
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Medicare by reason of age. |\ |\ |\ |\




If an individual waited for 30 months after he first became
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eligible to sign up for Medicare Part B, what percentage would his
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late enrollment penalty be?
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A. 30% |\




B. 25% |\




C. 20% |\




D. 10% - CORRECT ANSWERS ✔✔C. 20%
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The Part B late enrollment penalty is 10% for every 12-month
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period that the individual delayed signing up. 12 goes into 30
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only 2.5 times, but only full 12-month periods count. So the
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penalty is 2 times 10%, or 20%. |\ |\ |\ |\ |\ |\




When will people retiring today at Social Security's normal
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retirement age usually sign up for Medicare? |\ |\ |\ |\ |\ |\




A. At the same time they retire
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