Medicare Medicare Supplements (Medigap) Exam Questions with Latest Update
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Course
Medicare Supplements
Institution
Medicare Supplements
All of the following are Medicare supplement policy core benefits, EXCEPT: - Answer-Medicare Part A deductible
S just turned 65 and is overwhelmed by the Medicare program. She knows that part of her coverage is provided at no charge and that she will pay for other parts. Which of the following c...
Medicare Medicare Supplements
(Medigap) Exam Questions with Latest
Update
All of the following are Medicare supplement policy core benefits, EXCEPT: - Answer-
Medicare Part A deductible
S just turned 65 and is overwhelmed by the Medicare program. She knows that part of
her coverage is provided at no charge and that she will pay for other parts. Which of the
following coverages will she have to buy through a private insurer? - Answer-Medicare
Advantage
Medicare supplement policies cover all of the following, EXCEPT: - Answer-Prescription
drugs
Which of the following statements about the standard Medicare supplement plans is
NOT correct? - Answer-Companies selling Medicare supplement policies do not have to
sell Plan A, but they may sell any or all of the other plans.
When must a producer deliver an outline of coverage for Medicare supplement policies?
- Answer-at the time of application
What Medicare supplement plans provide for payments to limit a person's annual out-of-
pocket medical costs related to coinsurance, copays, and deductibles? - Answer-K and
L
Which of the following is covered by all Medicare supplement policies? - Answer-first
three pints of blood
Which of the following statements about Medicare supplement Plans K and L is correct?
- Answer-Plans K and L can offer high-deductible options, which further decrease
premium payments.
Ingrid has a Medicare Part C policy. Which statement correctly identifies the agent's
duties with respect to transacting Medicare supplement policies to Ingrid? - Answer-An
agent may sell Ingrid a Medigap policy if she is switching to Original Medicare
According to the National Association of Insurance Commissioners' standardized model
Medicare supplement policy, insurers must offer coverage for all of the following core
benefits, EXCEPT: - Answer-The Medicare Part A deductible
Open enrollment for Medigap policies spans a three-month period beginning on the first
day of the month in which the individual is age 65 or above and enrolls in Medicare Part
, B. - Answer-Open enrollment for Medigap policies spans a six-month period beginning
on the first day of the month in which the individual is age 65 or above and enrolls in
Medicare Part B.
Which type of Medicare supplement policy provides that as long as the insured pays the
premiums, the insurer cannot modify the premium, coverage, or any provisions of the
policy? - Answer-noncancelable
A Medicare supplement policy must provide coverage Medicare Part A-eligible
expenses for hospitalization: - Answer-From days 61 through 90
Which of the following best describes the main purpose of Medigap policies? - Answer-
Provide extra coverage not offered in Medicare
Judith Jones discovers that the premium cost for her Medicare supplementary policy
increased in the month of March. She does not recall receiving a notice of this increase.
Which of the following courses should Ms. Jones take? - Answer-She should consult
current Medicare regulations to determine if program coverages, including deductible
and co-payment percentages, have increased. Such changes can increase costs of
supplement policies.
The premium for A's Medicare supplement policy was based on her age on the date of
policy issue. Ten years later, the insurer increased the premium because of inflation but
could not increase it due to her age. On what basis was A's policy issued? - Answer-
Issue Age
M wants to purchase a Medicare supplement policy that includes prescription drug
coverage. As his advisor, you inform him that: - Answer-Medicare supplement plans can
no longer contain prescription drug coverage.
For Medicare Supplement plans K and L, which of the following statements is true? -
Answer-Plans K and L pay 100 percent of Medicare coinsurance, co-pays, and
deductibles after the insured's annual out-of-pocket limit is reached.
A contract designed primarily to augment reimbursement under Medicare for hospital,
medical, or surgical expenses is: - Answer-A Medicare supplement plan
Medicare Supplement Plan A provides the co-payment for hospitalization from day 61
through day 90. Which of the other Medicare supplement plans also provide this
coverage? - Answer-Plans A through N
Which of the following is a Medicare supplement core benefit? - Answer-Blood
deductible
Which of the following is true about the range of Medicare supplement plans? - Answer-
The coverages provided in each individual plan is the same across insurers.
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