ACTUAL EXAM 2 VERSIONS (VERSION A AND
B) COMPLETE ACCURATE EXAM QUESTIONS
WITH DETAILED VERIFIED ANSWERS
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Practice questions for this set
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Medicare uses a 5-star rating system to illustrate a plan's performance and
quality.
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Which of the following statements is true about election periods?
Annual Election Period can only be used by a consumer already enrolled in an MA
Plan.
MA Open Enrollment Period can only be used by a consumer already enrolled in an
1
MA Plan
5-Star SEP can only be used by a consumer already enrolled in an MA Plan.
Initial Election Period can only be used by a consumer already enrolled in a
Medicare Advantage (MA) Plan.
, Dennis, a consumer, is currently enrolled in Original Medicare plus a Medicare
Supplement Plan. His current plan is suitable for his medical needs, but he would
like to add prescription drug coverage only. Since Dennis wants to keep his current
coverage, which option is available to Dennis (assuming he is in a valid election
period)?
Dennis should stay enrolled in his Medicare Supplement Plan and enroll in a
2 Medicare Advantage Plan with prescription drug coverage included.
Dennis should disenroll from his Medicare Supplement Plan, return to Original
Medicare and enroll in a stand-alone PDP.
Dennis should disenroll from his Medicare Supplement Plan and enroll in any of the
Medicare Advantage Plans that have prescription drug coverage included.
Dennis should stay enrolled in Original Medicare and his Medicare Supplement Plan
and enroll in a stand-alone PDP.
Which of the following must an agent obtain from the consumer no less than 48
hours (unless an exception applies) before an in-person, online, or telephonic
marketing appointment?
3
Scope of Appointment
Statement of Understanding
Permission to Call
Which statement regarding Star Ratings is true?
Medicare uses a 5-star rating system to illustrate a plan's performance and quality.
The agent said that the Star Ratings are based on a plan's performance from two
years ago and, therefore, do not accurately reflect a plan's current value.
Star Ratings are based on a plan's performance from the prior year and, therefore,
may not accurately reflect a plan's current value.
Medicare uses a 5-star rating system to illustrate the plan's relative popularity in a
market as measured by membership and retention rates.
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Terms in this set (33)
, Cynthia is turning 65 on Not July 1 - Dec 30 - WRONG
July 5. Her Medicare Part
A and Part B will be April 1 through October 31 - CORRECT
effective on July 1. Using
her Initial Election Period
(IEP), when can she
submit an application for
a Medicare Advantage or
Prescription Drug plan?
March 1 through July 31
April 1 through October
31
July 1 through December
30
June 1 through July 31
Annual Election Period Consumers can elect to switch to a different plan or
(AEP) is a time when. . . join a Medicare Advantage plan or Prescription
Consumers can only Drug Plan.
disenroll from their
Medicare Advantage or
Prescription Drug Plan
and return to Original
Medicare.
Consumers can only
enroll in a Medicare
Advantage Plan or switch
to a different Medicare
Advantage plan.
Consumers can elect to
switch to a different plan
or join a Medicare
Advantage plan or
Prescription Drug Plan.
Only certain Medicare-
eligible consumers can
make changes.