AHIP FINAL EXAM ACTUAL QUESTIONS WITH
VERIFIED SOLUTIONS
◉ Mr. Torres has a small savings account. He would like to pay for
his monthly Part D premiums with an automatic monthly
withdrawal from his savings account until it is exhausted, and then
have his premiums withheld from his Social Security check. What
should you tell him?
Answer:
◉ Choose one answer.
Answer:
◉
Answer: a. In general, he must select a single Part D premium
payment mechanism that will be used throughout the year.
◉
Answer: b. As long as he fills out the paperwork to begin
withholding from his Social Security check at least 63 days before
such withholding should begin, he can change his method of Part D
premium payment and withholding will begin the month after his
savings account is exhausted.
,◉
Answer: c. During 2017, many people experienced significant
problems with deductions from their Social Security check for their
Part D premium. As a result, this method of payment is no longer an
option for Part D premium payments
◉
Answer: d. In general, to pay his Part D premium, he only can have
automatic withdrawals made from a checking account, so he will
need to transfer the funds prior to beginning such withdrawals.
◉ Question10
Answer:
◉ Marks: 1
Answer:
◉ Since 2004 Ms. Eisenberg has had a Medigap plan that provides
some drug coverage. She has recently received a letter from her
Medigap carrier informing her that her drug coverage is not
"creditable." She wants to know what this means. What should you
tell her?
Answer:
,◉ Choose one answer.
Answer:
◉
Answer: a. The letter is to inform her that her Medigap drug
coverage must be supplemented by purchasing coverage under a
Part D plan. If she does not do so within 63 days, she will not be able
to obtain Part D coverage at a later date.
◉
Answer: b. The letter is to inform her that the drug coverage offered
through her Medigap plan does not offer drug coverage that is at
least comparable to that provided under the Medicare Part D
prescription drug program. If she does not have such creditable
coverage during periods when she is first eligible for the Part D
program, she will face a premium penalty if she enrolls in a Part D
plan at a later date.
◉
Answer: c. The letter is to inform her that her Medigap plan's
coverage has been determined by the Federal government to be
inadequate and the plan must therefore discontinue offering such
coverage. Ms. Eisenberg will have to select a different Medigap plan
if she wants drug coverage.
, ◉
Answer: d. The letter is to inform her that Medicare Part D
prescription drug coverage is available, but there is no need for her
to change her drug coverage since it is just as good as Part D. She
may keep her current coverage through the Medigap plan.
◉ Question11
Answer:
◉ Marks: 1
Answer:
◉ Richard is a licensed agent who represents Spartan Health Plan
and its Medicare Advantage (MA) plans. Richard has several clients
who have recently come to him for help who are in their initial
coverage election period (ICEP) and are interested in enrolling in
one of Spartan Health Plan's MA plans. Alice will soon turn 65 and
retire. Alice has coverage through Spartan Health Plan offered by her
employer. Bob had health coverage through Spartan but dropped the
coverage when he retired early to travel overseas. Bob, who has just
turned age 65, is now back in the United States. Charlotte, who will
turn 65 next month, has coverage through Athena Health plan - a
company Richard also represents. Who qualifies for the opt-in
simplified enrollment mechanism?
Answer:
VERIFIED SOLUTIONS
◉ Mr. Torres has a small savings account. He would like to pay for
his monthly Part D premiums with an automatic monthly
withdrawal from his savings account until it is exhausted, and then
have his premiums withheld from his Social Security check. What
should you tell him?
Answer:
◉ Choose one answer.
Answer:
◉
Answer: a. In general, he must select a single Part D premium
payment mechanism that will be used throughout the year.
◉
Answer: b. As long as he fills out the paperwork to begin
withholding from his Social Security check at least 63 days before
such withholding should begin, he can change his method of Part D
premium payment and withholding will begin the month after his
savings account is exhausted.
,◉
Answer: c. During 2017, many people experienced significant
problems with deductions from their Social Security check for their
Part D premium. As a result, this method of payment is no longer an
option for Part D premium payments
◉
Answer: d. In general, to pay his Part D premium, he only can have
automatic withdrawals made from a checking account, so he will
need to transfer the funds prior to beginning such withdrawals.
◉ Question10
Answer:
◉ Marks: 1
Answer:
◉ Since 2004 Ms. Eisenberg has had a Medigap plan that provides
some drug coverage. She has recently received a letter from her
Medigap carrier informing her that her drug coverage is not
"creditable." She wants to know what this means. What should you
tell her?
Answer:
,◉ Choose one answer.
Answer:
◉
Answer: a. The letter is to inform her that her Medigap drug
coverage must be supplemented by purchasing coverage under a
Part D plan. If she does not do so within 63 days, she will not be able
to obtain Part D coverage at a later date.
◉
Answer: b. The letter is to inform her that the drug coverage offered
through her Medigap plan does not offer drug coverage that is at
least comparable to that provided under the Medicare Part D
prescription drug program. If she does not have such creditable
coverage during periods when she is first eligible for the Part D
program, she will face a premium penalty if she enrolls in a Part D
plan at a later date.
◉
Answer: c. The letter is to inform her that her Medigap plan's
coverage has been determined by the Federal government to be
inadequate and the plan must therefore discontinue offering such
coverage. Ms. Eisenberg will have to select a different Medigap plan
if she wants drug coverage.
, ◉
Answer: d. The letter is to inform her that Medicare Part D
prescription drug coverage is available, but there is no need for her
to change her drug coverage since it is just as good as Part D. She
may keep her current coverage through the Medigap plan.
◉ Question11
Answer:
◉ Marks: 1
Answer:
◉ Richard is a licensed agent who represents Spartan Health Plan
and its Medicare Advantage (MA) plans. Richard has several clients
who have recently come to him for help who are in their initial
coverage election period (ICEP) and are interested in enrolling in
one of Spartan Health Plan's MA plans. Alice will soon turn 65 and
retire. Alice has coverage through Spartan Health Plan offered by her
employer. Bob had health coverage through Spartan but dropped the
coverage when he retired early to travel overseas. Bob, who has just
turned age 65, is now back in the United States. Charlotte, who will
turn 65 next month, has coverage through Athena Health plan - a
company Richard also represents. Who qualifies for the opt-in
simplified enrollment mechanism?
Answer:
