When a Medicare supplement policy is guaranteed renewable, how long must the
insurance company renew the policy?
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A long as the premiums are paid
Portable diagnostic care for patients is covered by Which Part of Medicare?
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B
What percentage of the cost of durable medical equipment does Medicare pay?
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(80 %)
What is excluded from coverage under Medicare Part B
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Custodial Care received at home
A patient who has Medicare Part A and Medicare Part B is homebound and needs a
wheelchair. The chair has been prescribed by a doctor, and a home health care plan
has been developed. What percent of the wheelchair cost will be paid by Medicare?
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80% of the Medicare approved amount after the patient has met the
Medicare Part B deductible
-Durable medical equipment is paid under Medicare Part B. Patients must
satisfy an annual Medicare Part B deductible and pay 20% of the Medicare
approved amount.
,What is another name for medicare supplement policies
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Medigap-to fill in the gaps in medicare
A producer has replaced one Medigap policy with another. Both plans have the same
benefits. The producer's first year commission is 20%. Her renewal commission is 10%.
Both plans are with the same insurer. The producer's first year commission on the new
policy is
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10%.
-An insurer cannot provide compensation to agents or other producers
that is greater than the renewal compensation that would have been paid
on an existing policy if the existing policy is replaced by another policy
with the same insurer where the new policy benefits are substantially similar
to the benefits under the old policy and the old policy was issued by the
same insurer or insurer group.
Long Term Care is Primarily
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Personal Care-ADL
The Benefit period for the Medicare Part B deductible is
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1 year
- The benefit period for the Medicare Part B deductible is 1 year
Medicare will pay for ambulance transportation from a hospital or to a Dr's office.
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false
How much is SNF days 1-20?
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Medicare will pay all the cost
What is the penalty to an eligible individual who is still working and covered by group
health insurance for enrolling in Part B of Medicare after the initial enrollment period?
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None
The special enrollment period is available without penalty if a person is
eligible for Medicare based on age or disability but waited to enroll in
Medicare Part B because the insured or insured's spouse had group health
coverage through an employer.
insurance company renew the policy?
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A long as the premiums are paid
Portable diagnostic care for patients is covered by Which Part of Medicare?
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B
What percentage of the cost of durable medical equipment does Medicare pay?
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(80 %)
What is excluded from coverage under Medicare Part B
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Custodial Care received at home
A patient who has Medicare Part A and Medicare Part B is homebound and needs a
wheelchair. The chair has been prescribed by a doctor, and a home health care plan
has been developed. What percent of the wheelchair cost will be paid by Medicare?
Give this one a try later!
80% of the Medicare approved amount after the patient has met the
Medicare Part B deductible
-Durable medical equipment is paid under Medicare Part B. Patients must
satisfy an annual Medicare Part B deductible and pay 20% of the Medicare
approved amount.
,What is another name for medicare supplement policies
Give this one a try later!
Medigap-to fill in the gaps in medicare
A producer has replaced one Medigap policy with another. Both plans have the same
benefits. The producer's first year commission is 20%. Her renewal commission is 10%.
Both plans are with the same insurer. The producer's first year commission on the new
policy is
Give this one a try later!
10%.
-An insurer cannot provide compensation to agents or other producers
that is greater than the renewal compensation that would have been paid
on an existing policy if the existing policy is replaced by another policy
with the same insurer where the new policy benefits are substantially similar
to the benefits under the old policy and the old policy was issued by the
same insurer or insurer group.
Long Term Care is Primarily
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Personal Care-ADL
The Benefit period for the Medicare Part B deductible is
, Give this one a try later!
1 year
- The benefit period for the Medicare Part B deductible is 1 year
Medicare will pay for ambulance transportation from a hospital or to a Dr's office.
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false
How much is SNF days 1-20?
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Medicare will pay all the cost
What is the penalty to an eligible individual who is still working and covered by group
health insurance for enrolling in Part B of Medicare after the initial enrollment period?
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None
The special enrollment period is available without penalty if a person is
eligible for Medicare based on age or disability but waited to enroll in
Medicare Part B because the insured or insured's spouse had group health
coverage through an employer.
