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Understanding and Navigating Medicare Advantage Plans Quiz

#1

Which part of Medicare Advantage Plans includes coverage for hospital stays and inpatient care?

Part A
Explanation

Part A covers hospital stays and inpatient care.

#2

Which government agency administers the Medicare Advantage program?

Centers for Medicare & Medicaid Services (CMS)
Explanation

CMS administers the Medicare Advantage program.

#3

In Medicare Advantage Plans, what is the purpose of the Star Rating system?

To evaluate the quality and performance of plans
Explanation

Star Rating assesses plan quality and performance.

#4

What does the 'Advantage' in Medicare Advantage Plans refer to?

Additional benefits not covered by Original Medicare
Explanation

The 'Advantage' refers to extra benefits beyond Original Medicare.

#5

In a Medicare Advantage Plan, what is the role of the insurance carrier?

To provide additional benefits and services
Explanation

The insurance carrier offers extra benefits and services.

#6

What is the primary difference between Medicare Advantage Plans and Medigap?

Medicare Advantage is an alternative to Original Medicare, while Medigap supplements Original Medicare.
Explanation

Medicare Advantage replaces Original Medicare, while Medigap adds to it.

#7

Which of the following is not typically covered by Medicare Advantage Plans?

Long-term care
Explanation

Long-term care is not typically covered.

#8

What is the Annual Enrollment Period (AEP) for Medicare Advantage Plans?

October 15 - December 7
Explanation

AEP runs from October 15 to December 7.

#9

Which type of Medicare Advantage Plan restricts beneficiaries to a network of healthcare providers?

Health Maintenance Organization (HMO)
Explanation

HMO plans limit beneficiaries to a network of providers.

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