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Medicare Advantage and Special Needs Plans (SNP) in 2024 Quiz

#1

What is a Medicare Advantage plan?

A plan that provides extra benefits beyond original Medicare
Explanation

Offers additional benefits beyond basic Medicare coverage

#2

What is a Special Needs Plan (SNP) in Medicare?

A plan for individuals with chronic illnesses or specific disabilities
Explanation

Tailored plan for individuals with chronic illnesses or disabilities

#3

Which federal agency oversees Medicare Advantage plans?

Centers for Medicare & Medicaid Services (CMS)
Explanation

CMS oversees MA plans

#4

Which of the following is typically not covered by Medicare Advantage plans?

Routine dental care
Explanation

Routine dental care is usually not covered

#5

What is the primary goal of Medicare Advantage plans?

To reduce healthcare costs for beneficiaries
Explanation

Goal is to lower healthcare costs for beneficiaries

#6

What is the main advantage of enrolling in a Medicare Advantage plan?

Access to a wider network of healthcare providers
Explanation

Access to broader network of healthcare providers

#7

What is the primary difference between Medicare Advantage and Original Medicare?

Medicare Advantage provides additional benefits, while Original Medicare does not
Explanation

MA provides extra benefits; Original Medicare does not

#8

Which of the following is NOT a common type of Medicare Special Needs Plan?

Dental SNP
Explanation

Dental SNP is not a common type of SNP

#9

What is the role of the Medicare Advantage Open Enrollment Period?

To allow beneficiaries to make changes to their Medicare Advantage coverage
Explanation

Allows changes to Medicare Advantage coverage

#10

What is the purpose of a Special Needs Plan for dual-eligible individuals?

To coordinate benefits between Medicare and Medicaid
Explanation

Coordinates benefits between Medicare and Medicaid

#11

What is a key feature of a Chronic Condition Special Needs Plan (SNP)?

It focuses on individuals with specific chronic illnesses
Explanation

Targets individuals with specific chronic conditions

#12

Which of the following is a characteristic of a Dual Eligible Special Needs Plan (D-SNP)?

It provides coverage for individuals who are eligible for both Medicare and Medicaid
Explanation

Provides coverage for those eligible for both Medicare and Medicaid

#13

In Medicare Advantage, what does the term 'out-of-pocket maximum' refer to?

The most you have to pay for covered services in a plan year
Explanation

Maximum amount payable for covered services

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