1|Page
COLORADO HEALTH INSURANCE VERSION 1 AND 2 EXAM LATEST
2026-2027 ACTUAL EXAM WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS)
|ALREADY GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
A Medicare SELECT policy does all of the following EXCEPT
AProvide payment for full coverage under the policy for covered
services not available through network providers.
BProvide for continuation of coverage in the event that Medicare
SELECT policies are discontinued due to the failure of the
Medicare SELECT program.
CProhibit payment for regularly covered services if provided by
non-network providers.
DMake full and fair disclosure in writing of the provisions,
restrictions, and limitations of the Medicare SELECT policy to
each applicant. - ANSWER-C
Medicare Advantage is also known as
AMedicare Part C.
BMedicare Part D.
CMedicare Part A.
DMedicare Part B. - ANSWER-A
,2|Page
If a person is disabled at age 27 and meets Social Security's
definition of total disability, how many work credits must he/she
have earned to receive benefits?
A6 credits
B40 credits
C12 credits
D20 credits - ANSWER-c
In order for an insured under Medicare Part A to receive benefits
for care in a skilled nursing facility, which of the following
conditions must be met?
AThere is no benefit provided under Medicare Part A for skilled
nursing care.
BThe insured must cover daily copayments.
CThe insured must have first been hospitalized for 3 consecutive
days.
DThe insured must have a Medicare supplement insurance
policy. - ANSWER-c
,3|Page
Which of the following is NOT covered under Plan A in Medigap
insurance?
AThe Medicare Part A deductible
BApproved hospital costs for 365 additional days after Medicare
benefits end
CThe 20% Part B coinsurance amounts for Medicare approved
services
DThe first three pints of blood each year - ANSWER-a
Which statement regarding qualifications for Social Security
disability benefits is NOT true?
AThe individual must be at least 65 years old.
BThe individual must satisfy the waiting period.
CThe individual must meet the definition of disability.
DThe individual must have proper insured status. - ANSWER-a
Once the person meets the stringent requirements for disability
benefits under Social Security, how long is the waiting period
before any benefits will be paid?
A12 months
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BBenefits will be paid immediately.
C90 days
D5 months - ANSWER-d
All of the following are advantages of an HMO or PPO for a
Medicare recipient EXCEPT
AElective cosmetic procedures are covered.
BPrescriptions might be covered, unlike Medicare.
CHealth care costs can be budgeted.
DThere are no claims forms required. - ANSWER-a
An applicant is discussing his options for Medicare supplement
coverage with his agent. The applicant is 65 years old and has
just enrolled in Medicare Part A and Part B. What is the insurance
company obligated to do?
ASend the applicant to a doctor for a physical. Nothing can
happen until they get the results.
BOffer the supplement policy on a guaranteed issue basis
CExclude pre-existing conditions from coverage under the
supplement policies
COLORADO HEALTH INSURANCE VERSION 1 AND 2 EXAM LATEST
2026-2027 ACTUAL EXAM WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS)
|ALREADY GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
A Medicare SELECT policy does all of the following EXCEPT
AProvide payment for full coverage under the policy for covered
services not available through network providers.
BProvide for continuation of coverage in the event that Medicare
SELECT policies are discontinued due to the failure of the
Medicare SELECT program.
CProhibit payment for regularly covered services if provided by
non-network providers.
DMake full and fair disclosure in writing of the provisions,
restrictions, and limitations of the Medicare SELECT policy to
each applicant. - ANSWER-C
Medicare Advantage is also known as
AMedicare Part C.
BMedicare Part D.
CMedicare Part A.
DMedicare Part B. - ANSWER-A
,2|Page
If a person is disabled at age 27 and meets Social Security's
definition of total disability, how many work credits must he/she
have earned to receive benefits?
A6 credits
B40 credits
C12 credits
D20 credits - ANSWER-c
In order for an insured under Medicare Part A to receive benefits
for care in a skilled nursing facility, which of the following
conditions must be met?
AThere is no benefit provided under Medicare Part A for skilled
nursing care.
BThe insured must cover daily copayments.
CThe insured must have first been hospitalized for 3 consecutive
days.
DThe insured must have a Medicare supplement insurance
policy. - ANSWER-c
,3|Page
Which of the following is NOT covered under Plan A in Medigap
insurance?
AThe Medicare Part A deductible
BApproved hospital costs for 365 additional days after Medicare
benefits end
CThe 20% Part B coinsurance amounts for Medicare approved
services
DThe first three pints of blood each year - ANSWER-a
Which statement regarding qualifications for Social Security
disability benefits is NOT true?
AThe individual must be at least 65 years old.
BThe individual must satisfy the waiting period.
CThe individual must meet the definition of disability.
DThe individual must have proper insured status. - ANSWER-a
Once the person meets the stringent requirements for disability
benefits under Social Security, how long is the waiting period
before any benefits will be paid?
A12 months
, 4|Page
BBenefits will be paid immediately.
C90 days
D5 months - ANSWER-d
All of the following are advantages of an HMO or PPO for a
Medicare recipient EXCEPT
AElective cosmetic procedures are covered.
BPrescriptions might be covered, unlike Medicare.
CHealth care costs can be budgeted.
DThere are no claims forms required. - ANSWER-a
An applicant is discussing his options for Medicare supplement
coverage with his agent. The applicant is 65 years old and has
just enrolled in Medicare Part A and Part B. What is the insurance
company obligated to do?
ASend the applicant to a doctor for a physical. Nothing can
happen until they get the results.
BOffer the supplement policy on a guaranteed issue basis
CExclude pre-existing conditions from coverage under the
supplement policies
