Correct Answers (2024/2025)
1: What does AHIP stand for?- correct answer - Americas Health Insurance
Plans.
2: What is the primary purpose of the AHIP Final Exam?- correct answer -
To certify insurance agents to sell Medicare Advantage and Part D plans.
3: How many questions are typically on the AHIP Final Exam?- correct
answer - The exam usually consists of 50 questions.
4: What is the passing score for the AHIP Final Exam?- correct answer - A
score of 90% or higher is required to pass.
5: How many attempts are allowed for the AHIP Final Exam?- correct answer
- Candidates are allowed three attempts to pass the exam.
,6: What is Medicare Part A?- correct answer -
Hospital Insurance that covers inpatient hospital stays, care in a skilled
nursing facility, hospice care, and some home health care.
7: What is Medicare Part B?- correct answer -
Medical Insurance that covers certain doctors services, outpatient care,
medical supplies, and preventive services.
8: What is Medicare Part C?- correct answer -
Medicare Advantage Plans, which are an alternative to Original Medicare
and often include additional benefits.
9: What is Medicare Part D?- correct answer -
Prescription drug coverage that helps cover the cost of prescription drugs.
, 10: What is the Initial Enrollment Period (IEP) for Medicare?- correct
answer -
The 7-month period that begins 3 months before turning 65, includes the
month of the 65th birthday, and ends 3 months after turning 65.
11: What is the Annual Enrollment Period (AEP) for Medicare?- correct
answer -
The period from October 15 to December 7 when beneficiaries can make
changes to their Medicare coverage.
12: What is the Special Enrollment Period (SEP) for Medicare?- correct
answer -
Times outside the usual enrollment periods when beneficiaries can sign up
for Medicare due to special circumstances, such as moving or losing other
insurance coverage.
13: What is Medigap?- correct answer -
Medicare Supplement Insurance that helps fill gaps in Original Medicare
and is sold by private companies.