Quiz Medicare Supplement Policies Exam Questions and Answers
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Course
Medicare Supplements
Institution
Medicare Supplements
Which statement does NOT describe Medicare supplement policies?
A. Plan A provides the core benefits of Medicare supplement insurance.
B. Medicare adjusts its deductibles and copayments to match insurers' benefits.
C. Insurers selling Medicare supplement policies must sell Plan A.
D. Medicare...
Quiz Medicare Supplement Policies
Exam Questions and Answers
Which statement does NOT describe Medicare supplement policies?
A. Plan A provides the core benefits of Medicare supplement insurance.
B. Medicare adjusts its deductibles and copayments to match insurers' benefits.
C. Insurers selling Medicare supplement policies must sell Plan A.
D. Medicare supplement policies are guaranteed renewable. - Answer-B. Medicare
adjusts its deductibles and copayments to match insurers' benefits.
When Medicare adjusts its deductibles and copayments, Medicare supplement policies
must align benefits with the adjustments.
Which statement is correct about Medicare supplement coverage for prescription drug
coverage?
A. Medicare supplement policies cannot offer prescription drug coverage.
B. Prescription drug coverage is standard in Medicare supplement plans.
C. Persons may choose prescription drug coverage from either Plan D or a Medicare
supplement policy.
D. Persons may drop such coverage to enroll in Medicare Part D. - Answer-A. Medicare
supplement policies cannot offer prescription drug coverage.
Medicare supplement policies sold today are prohibited from offering prescription drug
coverage, which is available through Medicare Part D.
Which is correct about the purpose of Medicare supplement policies?
A. They only provide funds to pay Medicare deductibles and coinsurance.
B. They provide financial assistance for persons who are ineligible for Medicare.
C. They pay routine medical costs of persons eligible for Medicare.
D. They help pay for hospital, medical, and surgical costs as well as provide funds for
deductibles and coinsurance. - Answer-D. They help pay for hospital, medical, and
surgical costs as well as provide funds for deductibles and coinsurance.
Their sole purpose is not to provide funds to pay for Medicare deductibles and
coinsurance.
Which is NOT necessary for Ellen to qualify for a Medicare supplement policy?
A. She must be at least 65 years old.
B. She must apply for a Medicare supplement policy within six months of enrolling in
Part B.
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