#1
What is the initial enrollment period for Medicare?
3 months before turning 65, to 3 months after
ExplanationEnrollment window starting 3 months prior to turning 65 until 3 months after.
#2
Which part of Medicare covers hospital stays?
Part A
ExplanationMedicare Part A covers hospital stays.
#3
What is the 'Welcome to Medicare' preventive visit?
A one-time visit covered by Medicare Part B
ExplanationA one-time preventive visit covered by Medicare Part B.
#4
Which of the following services is not covered by Medicare Part B?
Hospital stays
ExplanationHospital stays are not covered by Medicare Part B.
#5
What is the purpose of the Medicare Initial Enrollment Period (IEP)?
To enroll in both Medicare Part A and Part B
ExplanationIEP is for enrolling in both Medicare Part A and Part B.
#6
What is the penalty for late enrollment in Medicare Part B?
10% increase in premium for each year delayed
ExplanationLate enrollment in Medicare Part B incurs a 10% premium increase for each year delayed.
#7
Which of the following is true about Medicare Part C?
It is offered by private insurance companies
ExplanationMedicare Part C is provided by private insurance companies.
#8
What is the income-related monthly adjustment amount (IRMAA) for Medicare Part B?
A surcharge for higher-income beneficiaries
ExplanationIRMAA for Medicare Part B is a surcharge for higher-income beneficiaries.
#9
Which of the following is true about Medicare Supplement Insurance (Medigap)?
It helps pay for costs not covered by Original Medicare
ExplanationMedigap helps with costs not covered by Original Medicare.
#10
What is the 'Medicare Savings Program' (MSP) aimed at?
Helping low-income beneficiaries pay for Medicare premiums
ExplanationMSP assists low-income beneficiaries in paying for Medicare premiums.
#11
When can you change your Medicare coverage during the Medicare Advantage Open Enrollment Period?
October 15th – December 7th
ExplanationThe Medicare Advantage Open Enrollment Period allows coverage changes from October 15th to December 7th.
#12
What is the General Enrollment Period for Medicare?
January 1st – March 31st
ExplanationGeneral Enrollment Period for Medicare is from January 1st to March 31st.
#13
What is the Annual Election Period (AEP) for Medicare Advantage and Medicare Part D?
October 15th – December 7th
ExplanationAEP for Medicare Advantage and Part D is from October 15th to December 7th.
#14
When is the Medicare Advantage Open Enrollment Period (MA OEP)?
January 1st – March 31st
ExplanationMedicare Advantage Open Enrollment Period is from January 1st to March 31st.
#15
What is the Special Enrollment Period (SEP) in Medicare?
A period for changing Medicare plans due to certain life events
ExplanationSEP in Medicare is a period for changing plans due to specific life events.