Medicare licensing exam - Study guides, Class notes & Summaries

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...

1. Which is NOT true regarding Medicare Part A home health care? ANS It pays for 60% of common medical supplies like bandages and gauze. 2. Which of the following can't be excluded in a Medicare Supplement Policy?- ANS Alzheimer's 3. If an LTC policy has a return of premium option, the amount returned to the beneficiaries is based on which of the following? ANS The amount of benefits the person used 4. After an accident, J stayed in the hospital for a week. Medicare Part B will cover a...

NC Medicare Supplement & Long Term Care Insurance Licensing Exam Questions and Answers..

After an accident, P stayed in the hospital for a week. Medicare Part A will cover all of the following EXCEPT: - ANSWER Doctor's Bill Medicare Part B covers which of the following? - Which is NOT true regarding Medicare Part A home health care? - ANSWER It pays for 60% of common medical supplies like bandages and gauze. Which of the following can't be excluded in a Medicare Supplement Policy? - ANSWER Alzheimer's If an LTC policy has a return of premium option, the amount returned...

Verified North Carolina Medicare Supplement & Medicare Licensing Exam Which is NOT true regarding Medicare Part A home health care? - CORRECT ANSWER-It pays for 60% of common medical supplies like bandages and gauze. Which of the following can't be excluded in a Medicare Supplement Policy? - CORRECT ANSWER-Alzheimer's If an LTC policy has a return of premium option, the amount returned to the beneficiaries is based on which of the following? - CORRECT ANSWER-The amount of benefits...

NC Medicare Supplement & Long-Term Care Insurance Licensing Exam 2024/2025 Rated A+ Medicare ANS-Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS ANS-Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC ANS-Medicar...

Medicare - correct answer Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS - correct answer Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC - correct answer Medicare Administrative Contractor - company contract...

Medicare - Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS - Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC - Medicare Administrative Contractor - company contracted to administer Part A & Part B claims. M...

NC Medicare Supplement & Long Term Care Insurance Licensing Exam Questions and Answers

Medicare - Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS - Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process. MAC - Medicare Administrative Contractor - company contracted to administer Part A & Part B claims.