Exam (elaborations)
AARP Medicare Supplement Insurance Plans Certification Test (2023 – 2024)
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AARP Medicare Supplement Insurance Plans Certification Test (2023 – 2024)
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AARP Medicare Supplement Insurance PlansCertification Test (2023 – 2024)
AARP an its affiliates are not - insurers
med sup plans cover some or all OOP expenses for Medicare eligible care such as - Medicare
coinsurance
copayments
deductibles
before enrolling your consumer, make sure you have presented and the consumer - understands
ALL COSTS associated with the plan
what is helpful for explaining costs to the consumer - the enrollment kit
who regulates med sup insurance - each states department of insurance
_____ automatically update to match annual changes to original Medicare coinsurance, copayments,
and deductibles - plan benefits
are med sup plans available all year round? - yes
if leaving a MA plan for a med sup plan, disenrollment is NOT what? - automatic
to disenroll, the consumer must contact who and join what - must contact the MA carrier or join a
part D plan (PDP)
what happens if the insured member cancels within 30 days after coverage begins? - premiums are
refunded less any claims paid
, What does MACRA stand for? - Medicare Access and CHIP Reauthorization Act of 2015
When does the new MACRA legislation go into effect? - jan 1st 2020 and it affects a consumer's
ability to enroll in plans C and F
Consumers eligible for Medicare Part A before January 1, 2020 - can enroll in plans C and F even
after Jan 1st 2020 and can keep their plans as long as they choose
Consumers newly eligible for Medicare Part A on or after jan 1, 2020 - will NOT be able to purchase
Medicare sup insurance Plans C or F
Consumers already enrolled in plans C or F do NOT need to - take any action and they can keep the
plan they have if they choose
to be eligible for med sup insurance, a consumer must: - be enrolled in Medicare parts A and B at
the time of the plans effective date
Be a resident of the state in which he/she is applying for coverage (usually residency is defined as
the location where the consumer files their tax return)
be age 65 or older (some states require insurers to offer coverage for Medicare beneficiaries under
age 65)
A consumer may NOT be eligible for Med sup insurance for various reason, including but not limited
to the following: - consumer does not qualify for med sup open enrollment or guaranteed issue and
does not pass medical underwriting
Consumer is enrolled in another med sup plan or a MA plan which they do not intend to replace
under federal law, med sup open enrollment is the - first 6 months a consumer is 65 or older and
enrolled in Medicare part B. some states have additional open enrollments
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