#1
Which of the following is a key feature of Medicare Advantage plans?
They are administered by private insurance companies
ExplanationAdministered by private insurers
#2
What is the Annual Enrollment Period (AEP) for Medicare Advantage plans?
October 15 to December 7
ExplanationAEP is Oct 15 - Dec 7
#3
What is the maximum out-of-pocket limit for Medicare Advantage plans in 2024?
$7,550
ExplanationMaximum OOP limit is $7,550
#4
Which of the following is true about Medicare Advantage plans?
They are not required to cover the same benefits as Original Medicare
ExplanationDifferent benefits from Original Medicare
#5
What is the primary purpose of Medicare Advantage plan enrollment?
To improve quality of care
ExplanationEnhancing quality of care
#6
Which federal agency oversees the quality of Medicare Advantage plans?
Centers for Medicare & Medicaid Services (CMS)
ExplanationCMS oversees plan quality
#7
What is the Star Rating System used for in Medicare Advantage plans?
To measure plan quality and performance
ExplanationMeasuring plan quality
#8
Which of the following is a disadvantage of Medicare Advantage plans?
Limited provider choices
ExplanationLimited provider options
#9
Which of the following factors does NOT influence Medicare Advantage plan quality?
Market competition
ExplanationMarket competition does not affect quality
#10
What is the role of a Special Needs Plan (SNP) in Medicare Advantage?
To serve individuals with specific health needs
ExplanationServing specific health needs
#11
What is the role of the Medicare Advantage Star Rating system in plan performance?
To measure plan quality and performance
ExplanationAssessing plan quality
#12
Which of the following is NOT typically covered by Medicare Advantage plans?
Hospital stays
ExplanationExcludes hospital stays