Bankers Life Insurance - 1300 | Medicare Exam Questions and Answers
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Course
Medicare Supplements
Institution
Medicare Supplements
Outside of the Open Enrollment Period, an individual may have other chances at a guaranteed issue period of enrollment into a Medicare Supplement. - Answer-True
Some Medigap plans cover: - Answer-All of the above
Medicare Part A pays benefits for: - Answer-Incorrect - Home Health Care and Hos...
Bankers Life Insurance - 1300 | Medicare
Exam Questions and Answers
Outside of the Open Enrollment Period, an individual may have other chances at a
guaranteed issue period of enrollment into a Medicare Supplement. - Answer-True
Some Medigap plans cover: - Answer-All of the above
Medicare Part A pays benefits for: - Answer-Incorrect - Home Health Care and Hospice
Care
When submitting an application for an individual who is not in a guaranteed issue period
the Medical Authorization form must be signed. - Answer-True
The way Medicare measures the end of your Benefit Period is by: - Answer-when you
haven't received any inpatient care for 60 days in a row
If a policyholder moves to another state he/she can keep the Medicare Supplement
policy they already have. - Answer-True
How do plans L & K differ other plans? - Answer-Out of pocket limit and different cost-
sharing for items.
Medigap policies include Medicare Part D prescription drug benefits. - Answer-False
The Medicare Supplement High-Deductible F Plan is the ONLY plan that does not offer
Basic Benefits: - Answer-False
A person will remain in the same benefit period as long as he or she has not been out of
the hospital or received skilled nursing care in a Skilled Nursing Facility for____days in
a row. - Answer-60
Individuals with a Medicare Supplement policy must visit doctors within their network. -
Answer-False
All Medigap policies:
- Are guaranteed renewable
- Have automatic benefit changes
- Charge premium rates that are subject to change
- All of the above - Answer-All of the above
Current company practice prevents a policyholder from receiving a rate increase sooner
than_____months after the policy's issue date. - Answer-6 months
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