Msa eligible expenses - Study guides, Class notes & Summaries

AHIP 2024 Certification Version 2 All New Qs & As for A++ Exam - Guaranteed Pass! 1. Mrs. Mulcahy, age 65, is concerned that she may not qualify for enrollmentin a Medicare prescription drug plan because, although she is entitled to PartA, she is not enrolled under Medicare Part B. What should you tell her? Answer: An individual who is entitled to Part A or enrolled under Part B is eligible to enroll in a Medicare prescription drug plan. As long as Mrs. Mulcahy is entitled to Part A, ...

CA Life and Health Exam Questions and Answers Already Passed What is insurance? Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. What's the difference between pure risk and speculative risk? Pure risk is when you'll lose it all or there will be no change. Speculative risk you can either win or lose. What is peril? peril is the causes of loss insured against in an insurance policy What is hazard? conditions that increase the pr...

FL Health Insurance License Questions 240 With Correct Answers. Which of the following statements regarding the tax treatment of medical expense insurance premiums and benefits is correct? - premiums are not deductible and benefits are taxable - premiums are not deductible and benefits are not taxable - premiums may be deductible as an unreimbursed medical expense and benefits are taxable - premiums may be deductible as an unreimbursed medical expense and benefits are not taxa...

AHIP Final Exam 2023/ 2024 | Questions and 100% Correct Verified Answers |GRADE A Mrs. Reeves is newly eligible to enroll in a Medicare Advantage plan and her MA Initial Coverage Election Period (ICEP) has just begun. Which of the following can she not do during the ICEP? Answer: She can enroll in a Medigap plan to supplement the benefits of the MA plan that she's also enrolling in. QUESTION Mrs. Chi is age 75 and enjoys a comfortable but not extremely high-income le...

ABC is a Medicare Advantage (MA) plan sponsor. It would like to use its enrollees' protected health information to market non-health related products such as life insurance and annuities. To do so it must obtain authorization from the enrollees. Which statement best describes the authorization process? - ️️Authorization may be obtained by directing a beneficiary to a website to provide consent Agent Harriet Walker has recently begun marketing Medicare Advantage and related products ai...

NC Medicare/LTC Exam Questions and Answers Latest Update 2024/2025 | 100% Correct | GRADED A+. Home health care covers occasional visits from who? Registered nurses, licensed practical nurses, community-based professionals (like hospice). **Does NOT cover visits from attending physicians. Programs that are provided to people who are too poor to qualify for Medicaid. State-only Medicaid programs LTC provision that provides a guarantee that certain policy benefits will remain available even i...

NC Medicare/LTC Exam Questions and Answers Latest Update 2024/2025 | 100% Correct | GRADED A+. Home health care covers occasional visits from who? Registered nurses, licensed practical nurses, community-based professionals (like hospice). **Does NOT cover visits from attending physicians. Programs that are provided to people who are too poor to qualify for Medicaid. State-only Medicaid programs LTC provision that provides a guarantee that certain policy benefits will remain available even i...

Due Diligence - Requirements that tax professionals must follow when preparing income tax returns. Estimated Tax - The amount of tax a taxpayer expects to owe for the year after subtracting expected amounts withheld and certain refundable credits. Estimated Tax Voucher - A statement by an individual of (1) the amount of income tax he estimates he will incur during the current taxable year on income that is not subject to withholding, (2) the excess amount over that withheld on income which is ...

Mrs. Cantwell is enrolled in a prescription drug plan. She has heard about something called True-Out-Pocket costs or "TrOOP" and asks you if any of the following count toward reaching the catastrophic coverage phase. What do you say? I. Her annual PDP deductible II. A drug manufacturer's discount for brand name drugs after her initial coverage period III. The off formulary drug her doctor prescribed but she pays for because the plan denied her exception request IV. Her over-the-count...

Mr. Carlini has heard that Medicare prescription drug plans are only offered through private companies under a program known as Medicare Advantage (MA), not by the government. He likes Original Medicare and does not want to sign up for an MA product, but he also wants prescription drug coverage. What should you tell him? Correct Answer: b. Mr. Carlini can stay with Original Medicare and also enroll in a Medicare prescription drug plan through a private company that has contracted with t...