ANCC Review Questions (PMHNP IQ) Question Bank Answered All Correctly Answered; Latest Update 2025 Graded A

The Centers for Medicare and Medicaid Services (CMS) administer what two major public insurance programs? Correct Answer: Medicaid and Medicare How is Medicaid funded? Correct Answer: by both federal and state tax dollars Who is eligible for Medicaid? Correct Answer: Low-income children Low-income pregnant women Elderly and disabled individuals who qualify for the Supplemental Security Income Program How is Medicare funded? Correct Answer: by federal tax dollars Who is eligible for Medicare? Correct Answer: The elderly age 65 and older having worked 40 quarters and paid Medicare taxes Certain younger individuals with disabilities Individuals with end-stage renal disease Individuals in need of a kidney transplant Individuals receiving Social Security Disability and who have amyotrophic lateral sclerosis What is covered under Medicare Part A? Correct Answer: hospitalization (up to 90 days), skilled nursing facility (up to 100 days), hospice (up to 6 months for terminally ill), and some home health care What is covered under Medicare Part B? Correct Answer: ambulatory practitioner service; physical, occupational, and speech therapy; medical equipment; diagnostic