Medicare, Medicaide, LTC NC Insurance Questions With 100% Correct Answers.

Federal Program - Answerr-Medicare is a federal health insurance program. Part of the Social Security program, Medicare is run by the Centers for Medicare & Medicaid Services of the Department of Health and Human Services. Private firms contract with the federal government to handle the paperwork, review claims, and disburse claim payments. Medicare Part A - Answerr-Designed primarily to provide hospital insurance and to pay for certain other types of institutional care. Medicare Part B - Answerr-Designed primarily to provide medical insurance for physician visits and other out-patient care. Medicare Part C - Answerr-Provides expanded coverage through managed care plans such as Health Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs). Medicare Part D - Answerr-Provides coverage for prescription drugs. What is the "original medicare"? - Answerr-Parts A and B because those two parts were enacted together in the original amendment to Social Security that created the Medicare program in 1965. Parts C and D were added later (in 1997 and 2003, respectively) to keep the Medicare program up to date with changes in the health care delivery system. If someone has Original Medicare, in which part or parts of Medicare is he or she enrolled? A Parts A, B, and C B Parts A, B, C, and D C Part C D Parts A and B - Answerr-D Parts A and B *Parts A and B are referred to as Original Medicare because they were enacted together when the So-cial Security law was originally amended to create Medicare. Parts C and D were added later. Qualified Medicare Beneficiary (QMB) - Answerr-Program is for persons whose monthly income is no more than the Federal Poverty Level (FPL) plus $20. Some states disregard more than an additional $20 of monthly income. In addition to helping pay the Part B premium, the QMB program may alsohelp pay a beneficiary's Part A premium (if any) and Medicare cost-sharing amounts such as deductibles, coinsurance, and copayments. Specified Low-Income Medicare Beneficiary (SLMB) - Answerr-For persons whose monthly income is no more than 120% of the FPL plus $20. As with the QMB program, some states disregard more than an additional $20 of monthly income. The SLMB program helps pay for only the Part B premium, not other Medicare costs. Qualifying Individual (QI) - Answerr-For persons whose monthly income is no more than 135% of the FPL plus $20. Some states disregard more than an additional $20 of monthly income. The QI program helps pay for only the Part B premium. An individual has been working for 8 years while the Hospital Insurance tax has been getting deducted from her paycheck. How many more years must she work before she can get Medicare Part A coverage premium-free? A 12 B 4 C 7 D 2 - Answerr-D 2