Medicare Comprehension Practice Questions (Answered Correctly)

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 correct answers 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 correct answers In North Carolina, eligibility for Medicaid is determined by the county Departments of Social Insurers must offer to each policyholder, at the time of purchase increases in benefit levels compounded annually at no less than __%. A 5 B 2 C 4 D 3 correct answers A 5 All of the following could be approved as Long-Term Care facilities, except: A A custodial care facility B A sanitarium for weight loss C An intermediate care facility D A skilled care facility correct answers After a Medicare supplement policy has been in effect for __ months, preexisting conditions must be covered by the policy. A 24 B 12 C 6 D 9 correct answers C 6 The Medicare Supplement Right of Return Provision (Free Look Period) in this state allows the buyer a period of ____ days to return a policy and receive a full refund. A 10 B 15 C 30 D60 correct answers C 30