#1
Which part of Medicare covers hospital stays?
Part A
ExplanationCovers inpatient hospital care.
#2
Which Medicare part covers prescription drugs?
Part D
ExplanationProvides coverage for prescription medications.
#3
When can you first enroll in Medicare?
During the Initial Enrollment Period (IEP)
ExplanationEnrollment window for new Medicare beneficiaries.
#4
What is the difference between Medicare Advantage (Part C) and Original Medicare?
Medicare Advantage typically includes prescription drug coverage
ExplanationAdvantage plans usually integrate drug coverage.
#5
During what period can you switch from Original Medicare to Medicare Advantage?
Annual Enrollment Period (AEP)
ExplanationOpportunity to transition between plans.
#6
What does Medigap insurance help cover?
Out-of-pocket costs like copayments and deductibles
ExplanationSupplements Medicare by covering extra expenses.
#7
Which group of individuals is automatically enrolled in Medicare?
People receiving Social Security benefits
ExplanationAutomatic enrollment for Social Security recipients.
#8
What is the penalty for late enrollment in Medicare Part B?
10% of premium for each year delayed
ExplanationPenalty for delaying enrollment in Part B.
#9
What is the maximum number of months you can delay enrolling in Medicare Part D without incurring a penalty?
6 months
ExplanationGrace period for Part D enrollment without penalties.
#10
What is the main difference between Medicare and Medicaid?
Medicare is a federal program, while Medicaid is state-run
ExplanationFederal versus state administration of healthcare programs.
#11
What is the Medicare Part B premium for most enrollees in 2022?
$144.60 per month
ExplanationStandard monthly premium for Part B in 2022.
#12
What is the difference between Medicare Advantage and Medicare Supplement Insurance (Medigap)?
Medicare Advantage replaces Original Medicare, while Medigap supplements it
ExplanationAdvantage plans substitute Original Medicare; Medigap bolsters it.