LTC Final Exam
1. Two major sources of payment for Long Term Care services including our
nursing home are and . The one which pays for permanent stays is
and the one which pays for short term rehab is .-
<Ans> Medicare, Medicaid, Medicaid, Medicare
2. One of these two sources of payment is designed for those who are impov- erished
and is called . It is available for those who may enter our
nursing home paying privately and have only $ left in assets. The
process of spending assets to pay for nursing home care is called .-
<Ans> Medicaid, 4,000.00, spending down
3. The official mandate and design of Medicare is that it does not pay for
. It does however pay for care in our nursing home which is not
permanent care but is for only. It also pays for care in the
. <Ans> Long term care, rehab, nursing, home
4. The payment source which covers most of long term care services is called
. There are different versions of it. <Ans> Medicaid, 56
5. Our not for profit home, as a source of capital, has an annual raiser
to help offset our from income particularly from . <Ans>
Fund, loses, Medicaid
6. The first two parts of the Medicare program are called and .
covers hospitalizations and covers physician visits. <Ans> Part
A, Part B, Part A, Part B
7. Since Medicare does not pay for "everything" there are private health insur- ance
programs to provide for what is not covered called . <Ans>
Medicare supplemental
1/9
, 8. In an effort to protect ones assets from being spent on long term care
is available. It is sold by private companies like
and will pay for such things as , , and . <Ans> LTC Insurance,
insurance, Aetna, home care, ALF, nursing homes
9. This protection is paid for on a monthly basis and is more the older one is at the
time of sign-up. It has been to sell since many people either
cannot afford it or do not see themselves it. <Ans> Expensive,
difficult, using
10. Some people with lots of assets transfer them to relatives and "on paper" appear
to be and qualify for . This makes the angry
and it is trying to get interested in offering LTC Insurance to their
. <Ans> Poor, Medicaid, federal government, employers, employees
11. Marketing is a relatively new concept to healthcare and should be consid- ered as
any process or program aimed at or sales. <Ans>
Promotion, increasing
2/9
1. Two major sources of payment for Long Term Care services including our
nursing home are and . The one which pays for permanent stays is
and the one which pays for short term rehab is .-
<Ans> Medicare, Medicaid, Medicaid, Medicare
2. One of these two sources of payment is designed for those who are impov- erished
and is called . It is available for those who may enter our
nursing home paying privately and have only $ left in assets. The
process of spending assets to pay for nursing home care is called .-
<Ans> Medicaid, 4,000.00, spending down
3. The official mandate and design of Medicare is that it does not pay for
. It does however pay for care in our nursing home which is not
permanent care but is for only. It also pays for care in the
. <Ans> Long term care, rehab, nursing, home
4. The payment source which covers most of long term care services is called
. There are different versions of it. <Ans> Medicaid, 56
5. Our not for profit home, as a source of capital, has an annual raiser
to help offset our from income particularly from . <Ans>
Fund, loses, Medicaid
6. The first two parts of the Medicare program are called and .
covers hospitalizations and covers physician visits. <Ans> Part
A, Part B, Part A, Part B
7. Since Medicare does not pay for "everything" there are private health insur- ance
programs to provide for what is not covered called . <Ans>
Medicare supplemental
1/9
, 8. In an effort to protect ones assets from being spent on long term care
is available. It is sold by private companies like
and will pay for such things as , , and . <Ans> LTC Insurance,
insurance, Aetna, home care, ALF, nursing homes
9. This protection is paid for on a monthly basis and is more the older one is at the
time of sign-up. It has been to sell since many people either
cannot afford it or do not see themselves it. <Ans> Expensive,
difficult, using
10. Some people with lots of assets transfer them to relatives and "on paper" appear
to be and qualify for . This makes the angry
and it is trying to get interested in offering LTC Insurance to their
. <Ans> Poor, Medicaid, federal government, employers, employees
11. Marketing is a relatively new concept to healthcare and should be consid- ered as
any process or program aimed at or sales. <Ans>
Promotion, increasing
2/9
