NC MEDICARE SUPPLEMENT AND LONG
TERM CARE INSURANCE LICENSING FINAL
SCRIPT 2026 QUESTIONS AND ANSWERS
GRADED A+
◉Alzheimer's Disease and Parkinson's Disease must be covered
under Long Term Care Insurance. Answer: true
◉What is the minimum age to purchase Long Term Care Insurance?
Answer: 18
◉What is the minimum per day that can be offered for Home Health
care? Answer: $25
◉What is the required free-look period in long term care policies
issued in the state? Answer: 30-day free look provision
◉Who sets the standard for Part D Plan? Answer: Medicare
,◉Medicare supplement policy guaranteed renewable means
Answer: The company must automatically renew the policy long as
the premium is paid.(Plan A<B<C<F)
◉Hospice drug benefit for pain relief cost Answer: $5.00
◉Homebound with medicare part a & b cost for home health visits
are Answer: 0%
◉Medicare Program is administered by the Answer: CMS-Center for
Medicare and Medicaid Services
◉What are the 4 types of MA Plans? Answer: HMO, PPO,PFFS, Snp's
◉Long Term Care is Primarily Answer: Personal Care-ADL
◉Skilled Care Answer: medically necessary services ex :changing
dressing
◉medicaid Answer: low income
◉Guaranteed Renewable Answer: All long-term care policies must
be guaranteed renewable, which means the policy be renewed as
, long as the insured is paying the premiums, but the premium may by
increased as the insured ages.
◉Prospective Payment System (PPS) Answer: 3 diagnosis- Hospital
Inpatient, Hospital Outpatient, Physician Payment(no drug
payment)
◉Eligibility for Medicare Supp Answer: 65 & Part A & Part B;
◉Medicare Part B deductible benefit period Answer: Benefit period
is one year
◉Primary Function of MAC Answer: Review and ensure that
services are covered reasonably and necessary
◉Homemaker Services Answer: household services done by
someone else b/c the patient is unable to do them.(Including
nursing services, personal hygiene, house chores, errands, and
preparation of meals, laundry and limited house maintenance.)
◉Every insurer providing Medigap policies or certificates in NC is
required to file the policy's rates, rating schedules and supporting
documents, This information must be filed Answer: annually
TERM CARE INSURANCE LICENSING FINAL
SCRIPT 2026 QUESTIONS AND ANSWERS
GRADED A+
◉Alzheimer's Disease and Parkinson's Disease must be covered
under Long Term Care Insurance. Answer: true
◉What is the minimum age to purchase Long Term Care Insurance?
Answer: 18
◉What is the minimum per day that can be offered for Home Health
care? Answer: $25
◉What is the required free-look period in long term care policies
issued in the state? Answer: 30-day free look provision
◉Who sets the standard for Part D Plan? Answer: Medicare
,◉Medicare supplement policy guaranteed renewable means
Answer: The company must automatically renew the policy long as
the premium is paid.(Plan A<B<C<F)
◉Hospice drug benefit for pain relief cost Answer: $5.00
◉Homebound with medicare part a & b cost for home health visits
are Answer: 0%
◉Medicare Program is administered by the Answer: CMS-Center for
Medicare and Medicaid Services
◉What are the 4 types of MA Plans? Answer: HMO, PPO,PFFS, Snp's
◉Long Term Care is Primarily Answer: Personal Care-ADL
◉Skilled Care Answer: medically necessary services ex :changing
dressing
◉medicaid Answer: low income
◉Guaranteed Renewable Answer: All long-term care policies must
be guaranteed renewable, which means the policy be renewed as
, long as the insured is paying the premiums, but the premium may by
increased as the insured ages.
◉Prospective Payment System (PPS) Answer: 3 diagnosis- Hospital
Inpatient, Hospital Outpatient, Physician Payment(no drug
payment)
◉Eligibility for Medicare Supp Answer: 65 & Part A & Part B;
◉Medicare Part B deductible benefit period Answer: Benefit period
is one year
◉Primary Function of MAC Answer: Review and ensure that
services are covered reasonably and necessary
◉Homemaker Services Answer: household services done by
someone else b/c the patient is unable to do them.(Including
nursing services, personal hygiene, house chores, errands, and
preparation of meals, laundry and limited house maintenance.)
◉Every insurer providing Medigap policies or certificates in NC is
required to file the policy's rates, rating schedules and supporting
documents, This information must be filed Answer: annually
