XCEL Chapter 8 - Private Insurance
Plans for Seniors Exam Questions and
Answers
A Medicare Supplement policy must NOT contain benefits which - Answer-duplicate
Medicare benefits
A Medicare Supplement Policy is - Answer-Designed to fill in the gaps of Part A and B
Medicare
The purpose of Medicare Supplement Insurance is to address gaps in Medicare
coverage, which can include - Answer-Medicare in-hospital deductible
Which of the following nursing home options would BEST suit an individual who needs
some nursing care and supervision but NOT full-time care? - Answer-Assisted-Living
facilities
Long-Term Care policies may provide coverage for claims arising from - Answer-Senile
dementia
Generally speaking, which three levels of care are Long-Term Care policies provided
with? - Answer-Skilled nursing, intermediate, and custodial care
Benefits provided by a Medicare Supplement policy must NOT - Answer-Duplicate
Medicare benefits
The IRS states that a taxpayer's medical expenses that exceed 7.5% of their adjusted
gross income is tax deductible. Which of the following may be considered a medical
expense under this rule? - Answer-Long Term Care Insurance premiums
Which of the following provides Medicare supplement policies? - Answer-Private
insurance companies
Which of the following is NOT a type of Medicare Advantage Plan? - Answer-Social
Security Disability Income (SSDI)
Which of the following does Medicare Part D cover? - Answer-Prescription drugs
A long-term care policy typically provides all of the following levels of care EXCEPT -
Answer-acute care
Respite care is able to provide - Answer-Temporary relief to the patient's primary
caregiver
Plans for Seniors Exam Questions and
Answers
A Medicare Supplement policy must NOT contain benefits which - Answer-duplicate
Medicare benefits
A Medicare Supplement Policy is - Answer-Designed to fill in the gaps of Part A and B
Medicare
The purpose of Medicare Supplement Insurance is to address gaps in Medicare
coverage, which can include - Answer-Medicare in-hospital deductible
Which of the following nursing home options would BEST suit an individual who needs
some nursing care and supervision but NOT full-time care? - Answer-Assisted-Living
facilities
Long-Term Care policies may provide coverage for claims arising from - Answer-Senile
dementia
Generally speaking, which three levels of care are Long-Term Care policies provided
with? - Answer-Skilled nursing, intermediate, and custodial care
Benefits provided by a Medicare Supplement policy must NOT - Answer-Duplicate
Medicare benefits
The IRS states that a taxpayer's medical expenses that exceed 7.5% of their adjusted
gross income is tax deductible. Which of the following may be considered a medical
expense under this rule? - Answer-Long Term Care Insurance premiums
Which of the following provides Medicare supplement policies? - Answer-Private
insurance companies
Which of the following is NOT a type of Medicare Advantage Plan? - Answer-Social
Security Disability Income (SSDI)
Which of the following does Medicare Part D cover? - Answer-Prescription drugs
A long-term care policy typically provides all of the following levels of care EXCEPT -
Answer-acute care
Respite care is able to provide - Answer-Temporary relief to the patient's primary
caregiver
