A Long Term Care Policy Typically Provides Daily Benefits

Question: A long-term care policy typically provides all of the following levels of care EXCEPT

skilled care
intermediate care
acute care
custodial care
Answer: acute care
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Question: Which of the following provides Medicare supplement policies?

Medicare
Medicaid
Private insurance companies
Associations and employers
Answer: Private insurance companies
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Question: Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home?

Respite care
Continuing care
Home health care
Custodial care
Answer: Home health care
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Question: Bill requires some nursing care and supervision but NOT full-time care. Which of these nursing home options would best serve him?

Nursing home
Assisted living
Congregate housing
Custodial residence
Answer: Assisted living
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Question: A Medicare supplement plan can be canceled by the insurer

after the probation period
for any changes in the insured's health
anytime
for nonpayment of premiums
Answer: for nonpayment of premiums
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Question: Respite care is able to provide

permanent relief to the patient's primary caregiver
health care to the patient's primary caregiver
weekly benefit payments to supplement the primary caregiver's income
temporary relief to the patient's primary caregiver
Answer: temporary relief to the patient's primary caregiver
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Question: In a Long-Term Care policy, activities of daily living (ADL's) can be each of the following EXCEPT

Talking
Dressing
Transferring
Feeding oneself
Answer: Talking
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Question: Which of the following does Medicare Part D cover?

Intensive care coverage
Doctor visits
Prescription drugs
Hospital coverage
Answer: Prescription drugs
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Question: The difference between a Long Term Care Partnership Plan and a Non-Partnership Plan is which of the following?

Pre-existing conditions
Level of benefits
Asset Protection
Elimination period
Answer: Asset Protection
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Question: Which of these gaps in Medicare coverage is addressed with Medicare Supplemental Insurance?

Medicare in-hospital deductible
Dental work
Nutritional supplements
Chiropractic care
Answer: Medicare in-hospital deductible
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Question: Which situation would qualify an individual for receiving benefits from a qualified long-term care policy?

Becoming unemployed
Becoming temporarily disabled
Becoming injured on the job
Becoming cognitively impaired (mentally ill)
Answer: Becoming cognitively impaired (mentally ill)
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Question: Which of the following is NOT a type of Medicare Advantage Plan?

Health Maintenance Organization (HMO)
Preferred Provider Organization (PPO)
Private Fee-For-Services (PFFS)
Social Security Disability Income (SSDI)
Answer: Social Security Disability Income (SSDI)
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Question: Long-Term Care policies may provide coverage for claims arising from

senile dementia
acute care in hospital
alcoholism
drug addiction
Answer: senile dementia
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Question: Which of these statements about Medicaid is CORRECT?

Pays for Medicare charges exceeding the approved amount
Intended for senior citizens
Funded by federal, state, and local taxes
Administered by the Federal government
Answer: Funded by federal, state, and local taxes
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Question: The typical long-term care insurance policy is designed to provide a minimum of __ year(s) of coverage.

1
3
5
7
Answer: 1
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Question: Which type of plan would be most appropriate for an individual on Medicare and concerned that Medicare will NOT pay for charges exceeding the approved amount?

Medicaid
Long-term care
Medicare Supplement Plan F
Comprehensive major medical
Answer: Medicare Supplement Plan F
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Question: Tom has a home health care benefit and is confined to his home. Which of these benefits is NOT typically covered?

Part-time nursing care
Full-time nursing care
Physical therapy
Home health aides
Answer: Full-time nursing care
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Question: All of the following are core benefits of Medicare Supplement Plan A EXCEPT:

A) Deductible payments for the first 60 days of hospitalization under Medicare hospitalization insurance
B) Medicare Part A hospice coinsurance or copayment
C) Medicare Part B coinsurance or copayment
D) The first three pints of blood received
Answer: Deductible payments for the first 60 days of hospitalization under Medicare hospitalization insurance
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Question: Which of these factors is NOT taken into consideration when determining the cost of a long-term care policy?

Health of applicant
Amount of benefits provided
Age of applicant
Personal income
Answer: Personal income
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Question: Joe is a Medicare participant who receives his benefits through a Managed Health Care Plan. Which Medicare plan does he have?

Part A
Part B
Part C
Part D
Answer: Part C
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Question: All _____ policies must be guaranteed renewable
dental
long-term care
critical illness
disability
Answer: guaranteed renewable
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Question: Continuous 24-hour care provided by licensed medical professionals under the direct supervision of a physician is called

adult day care
home health care
skilled nursing care
custodial care
Answer: skilled nursing care
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