Medicare beneficiary Study guides, Class notes & Summaries

XCel 2-15 florida life & health state exam simulator/Answered/A+ Rated XCel 2-15 florida life & health state exam simulator/Answered/A+ Rated what is considered to be a characteristic of an immediate annuity benefit payments start within one payment period of purchase 3 MULTIPLE CHOICE OPTIONS which of these characteristics is consistent with a straight life policy premiums are payable for as long as there is insurance coverage in force 3 MULTIPLE CHOICE OPTIONS an insureds inability t...

Texas Life And Health Insurance Exam Questions With Correct Answers | Latest 2023/2024 (Graded A+). Which of the following actions is NOT possible with a Universal Life policy? - Correct Answer-Premiums may be applied as a credit against income tax Which of the following will a Long Term Care plan typically provide benefits for? - Correct Answer-home health care Which health policy clause stipulates that an insurance company must attach a copy of the application to the policy to ensure that...

AETNA (2024/2025) – Individual Prescription Drug Plans - Mastery Test Questions and Answers 100% Solved A beneficiary who currently eligible for Medicare Part A who enrolls into Part B, is __________________ Not granted an additional IEP to enroll into a Part D plan. Once submitted, who can cancel an enrollment application before the effective date? Both A and C If submitted after the first month of eligibility, the effective date for enrollments in the Initial Enrollment Period (IEP...

A signed Medicare enrollment application must reach us within two (2) calendar days of when you receive it from the beneficiary. - True Aetna Medicare enrollment options include mail, e-mail, over the phone, or through the online Ascend Virtual Sales Office app. - True Annual Election Period is from: - October 15 - December 7 Any voluntary disenrollment occurring within three (3) months of the membership effective date is considered a rapid disenrollment and will result in a chargeback of ...

How should Humana agents respond to Medicare beneficiaries who want to know their new Medicare ID number? - Advise the beneficiary that any questions regarding their new Meidcare ID number must be directed to Medicare. Under which circumstances is it acceptable for an agent to complete an Agent Online Application (AOA) application on behalf of their client? - It is never acceptable under any circumstance for an agent to complete the AOA Application on behalf of their client, even if they re...

1-day payment window rule - Answer a Medicare requirement similar to the day payment window rule that applies to inpatient poychiatric hosp tals, inpatient rehabilitation facilities, long term care facilities, and chil dren's and cancer hospital. 3-day payment window rule - Answer a Medicare requirement that all diagnostic and clinically related non-diagnostic outpatient services provided with in three days of an inpatient admission must combined the inpa- tient claim when they are provided ...

Life, accident and health insurance state exam- OH Already Passed A person who is a nonsmoker, of average weight and in excellent health would most likely be in which risk classification? preferred Preferred risk policies with reduced premiums are issued by insurance companies bc the insured has better than average mortality The waiver of premium does NOT include which provision? Al future premiums are waived if the insured recovers from the disability An advertisement for an insurance produ...

Florida 2-15 Insurance License Exam-Actual Exam Questions and Answers, 100% Verified-Updated 2023/2024 Florida 2-15 Insurance License Exam-Actual Exam Questions and Answers, 100% Verified-Updated 2023/2024 Accumulation units are converted into annuity units: at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ________________ plan. noncontributory If a disabled worker covered under Social Security disability benefits ...

What are collection agency fees based on? A percentage of dollars collected Self-funded benefit plans may choose to coordinate benefits using the gender rule or what other rule? Birthday 00:13 01:24 In what type of payment methodology is a lump sum or bundled payment negotiated between the payer and some or all providers? Case rates What customer service improvements might improve the patient accounts department? Holding staff accountable for customer service d...

Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Correct Answer: Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Group health insurance specifies that what percentage of eligible individu...