NC Medicare Supplement Guías de estudio, Notas de estudios & Resúmenes

North Carolina Medicare Supplement and Long-Term Care Exam Questions With Correct Answers.

NC Medicare Supplement & Long Term Care Insurance Licensing Exam Solved 100% Correct!!

Medicare - CORRECT ANSWER-A federal program of health insurance for persons 65 years of age and older Medicare is run by - CORRECT ANSWER-Centers for Medicare and Medicaid services of the department of health and human services Medicare parts A & B are - CORRECT ANSWER-Referred to as original Medicare Medicare Part A(Inpatient) is funded - CORRECT ANSWER-By the hospital insurance portion of the FICA payroll tax collected from workers and employers. Also by the premiums paid by individ...

Medicare Licensing Exam NC Which is NOT true regarding Medicare Part A home health care? - ANSWER It pays for 60% of common medical supplies like bandages and gauze. Which of the following can't be excluded in a Medicare Supplement Policy? - ANSWER Alzheimer's If an LTC policy has a return of premium option, the amount returned to the beneficiaries is based on which of the following? - ANSWER ...

North Carolina Medicare Supplement and Long-Term Care An individual who is not eligible for premium-free Medicare Part A coverage may apply for coverage during which of the following enrollment periods? A. All of the above B. Initial enrollment period C. General enrollment period D. Special enrollment period - ANSWER A. All of the above Medicare makes what payment for services in which another payer may be responsible: A. Condit...

Medi-Medi beneficiary - ANSWER An individual who is eligible for both Medicaid and Medicare is a______. Medigap insurance policies - ANSWER Medicare Part B deductibles, coinsurance,and some noncovered services can be covered by buying policies from federally approved private insurance carriers. These policies are known as_____. crossover claims - ANSWER Claims for Medi-Medi beneficiaries are first submitted to Medicare and then sent to Medicaid, making them known as_____. additional pay...

1. Long-Term Care benefits may be triggered by the insured's inability to perform at least ______ Activities of Daily Living (ADL's). A 5 B 3 C 4 D 2 - ANSWER D 2 2. In North Carolina, eligibility for Medicaid is determined by: A The State Treaury B North Carolina's Department of Health and Welfare C The U.S. Treasury D The county Departments of Social Services (DSS) and the Social Security Administration (SSA) for Supplemental Security Income (SSI) beneficiaries - ANSWER I...

A man is planning to retire after age 65. Until then, he will have his employer's health plan. When should he enroll in Medicare Part B? - ANSWER Within the 8 months of the day he is no longer employed or when coverage under the group plan ends In the Original Medicare Plan Part B, the percentage of the approved amount paid by the patient is 20%. This is referred to as - ANSWER Coinsurance What process will the insurance company use to monitor the insured's hospital stay to make sure tha...

Medicare (4 parts) - ANSWER Part A: Hospital insurance (hospital Visit) Part B: Physician Service(doctor visit) Part C: Medicare advantage(Privatized Medicare) Part D: Prescription drugs Which best describes medicare? - ANSWER It is a basic hospital and doctor policy Who receives medicade? - ANSWER Low income, in need of financial aid true name of social security - ANSWER old age survivors insurance Medicare supplements - ANSWER Medi-gap medicare select -off set the cost of m...

Horace buys a Medicare supplement insurance policy but decides not to keep it. How many days does he have to return it for a full refund of the premium? - ANSWER 30 days Which of the following individuals is an appropriate customer for a Medicare supplement policy? - ANSWER Someone enrolled in both Part A and Part B of Medicare A purchased a long-term care policy on June 15. Two weeks later, she lost her job and decided that she could no longer afford the policy. What are her options? - AN...

Which of the following individuals is an appropriate customer for a Medicare supplement policy? - ANSWER Someone enrolled in both Part A and Part B of Medicare An insurer may exclude coverage for a preexisting condition on a Medicare Supplement policy for up to - ANSWER 6 months An insured has a LTC policy that has been in force for 3 months. In how many more months will the policy become incontestable on the grounds of misrepresentation alone? - ANSWER 21 months Every agent soliciting ...

Federal Program - ANSWER 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 - ANSWER Designed primarily to provide hospital insurance and to pay for certain other types of institutional care. Medicare Part B - AN...