#1
Who is eligible for Medicare coverage?
Individuals 65 years old and older
ExplanationCoverage eligibility based on age.
#2
Which part of Medicare covers hospital stays?
Part A
ExplanationHospital coverage under Part A.
#3
Which government agency administers Medicare?
Centers for Medicare & Medicaid Services (CMS)
ExplanationAdministrative authority for Medicare.
#4
What is the Initial Enrollment Period (IEP) for Medicare?
The month of turning 65 and three months after
ExplanationTimeframe for initial Medicare enrollment.
#5
What does Medigap insurance cover?
Out-of-pocket costs not covered by Original Medicare
ExplanationSupplementary coverage for Medicare gaps.
#6
What is the penalty for late enrollment in Medicare Part B?
10% penalty for each year of delay
ExplanationPenalty for delayed enrollment in Part B.
#7
Which of the following is NOT true about Medicare Advantage (Part C) plans?
They replace Original Medicare
ExplanationMedicare Advantage does not replace Original Medicare.
#8
What is the maximum period allowed for a Medicare Advantage plan trial?
12 months
ExplanationTrial period duration for Medicare Advantage.
#9
Which of the following is NOT a requirement to qualify for Medicare?
Having worked and paid Medicare taxes for at least 10 years
ExplanationNot a qualification criterion for Medicare.