#1
What is the eligibility age for Medicare?
65
ExplanationAge at which individuals become eligible for Medicare benefits.
#2
Which part of Medicare covers hospital stays?
Part A
ExplanationCoverage for inpatient hospital care.
#3
What does Medicare Part B primarily cover?
Doctor visits and outpatient services
ExplanationCoverage for doctor visits, outpatient services, and preventive care.
#4
Which of the following is NOT a requirement for Medicare eligibility?
Having worked and paid Medicare taxes for at least 10 years
ExplanationNot a requirement for eligibility; eligibility based on age, disability, or specific medical conditions.
#5
What is the initial enrollment period for Medicare?
6 months before turning 65 to 6 months after
ExplanationWindow of time during which individuals can first enroll in Medicare.
#6
What is the 'donut hole' in Medicare Part D?
Coverage gap in prescription drug coverage
ExplanationGap in prescription drug coverage where beneficiaries pay more out-of-pocket.
#7
Which government agency administers Medicare?
Centers for Medicare & Medicaid Services
ExplanationFederal agency responsible for managing Medicare and Medicaid programs.
#8
What does Medicare Part D primarily cover?
Prescription drugs
ExplanationCoverage for prescription medications.
#9
What is the income-based program that helps lower-income beneficiaries with Medicare costs called?
Medicare Savings Program
ExplanationProgram providing financial assistance with Medicare premiums, deductibles, and coinsurance for low-income beneficiaries.
#10
What is the maximum number of months that one can delay enrolling in Medicare without facing a penalty?
12 months
ExplanationGrace period allowing individuals to delay enrollment without penalty, but not beyond 12 months after becoming eligible.
#11
What is Medicare Part C also known as?
Medicare Advantage
ExplanationAlternative way to receive Medicare benefits through private insurance.
#12
Which part of Medicare covers prescription drug coverage?
Part D
ExplanationSpecific part of Medicare providing coverage for prescription drugs.
#13
What is the 'Medigap' insurance policy designed to do?
Fill in gaps in Original Medicare coverage
ExplanationSupplemental insurance policy covering expenses not paid by Original Medicare.
#14
What is the income threshold for Medicare's high-income surcharge in 2024?
$90,000 for individuals and $180,000 for couples
ExplanationIncome levels triggering higher Medicare premiums for individuals and couples.
#15
What is the Medicare Annual Enrollment Period (AEP)?
The period when Medicare beneficiaries can make changes to their coverage
ExplanationDesignated time frame during which Medicare beneficiaries can adjust their coverage options.