#1
Which of the following is true about Medicare Advantage plans?
They are administered by the federal government.
They provide only basic medical coverage.
They are offered by private insurance companies approved by Medicare.
They are available only to individuals aged 75 and above.
#2
What is a key feature of Medicare Advantage plans?
Limited provider network
Long waiting periods for coverage
Coverage for dental and vision care
No coverage for prescription drugs
#3
What is the purpose of the 'Medicare & You' handbook?
To provide information on the benefits of private insurance plans.
To educate beneficiaries about their Medicare coverage options.
To advertise Medicare Advantage plans.
To inform beneficiaries about changes in Medicare laws.
#4
What is a 'Medicare Health Maintenance Organization' (HMO)?
A plan that covers only hospitalization costs.
A plan that provides coverage through a network of doctors and hospitals.
A plan that offers coverage for prescription drugs only.
A plan exclusively for individuals aged 85 and above.
#5
What is the purpose of the 'Medicare Advantage Prescription Drug Plan' (MA-PD)?
To provide coverage only for hospital stays.
To offer coverage for prescription drugs in addition to medical benefits.
To offer coverage for prescription drugs only.
To provide dental and vision care benefits.
#6
Which of the following is a benefit of Medicare Advantage plans?
Limited choice of doctors and hospitals
No coverage for preventive services
Coverage for additional benefits like dental and vision care
Higher out-of-pocket costs compared to Original Medicare
#7
In Medicare Advantage marketing, what is considered a compliance requirement?
Offering cash incentives to enrollees
Misrepresenting plan benefits
Providing accurate and clear information about the plan
Targeting only high-income individuals
#8
What is a 'Special Enrollment Period' (SEP) in the context of Medicare Advantage?
A period when anyone can join a Medicare Advantage plan.
A period when only individuals with chronic illnesses can enroll.
A period for changing Medicare Advantage plans or returning to Original Medicare.
A period exclusively for enrolling in prescription drug coverage.
#9
What is the 'Annual Election Period' (AEP) for Medicare Advantage?
A period for switching between Original Medicare and Medicare Advantage.
A period for enrolling in Medicare Advantage plans for the first time.
A period for making changes to Medicare Advantage coverage.
A period for applying for Medicaid benefits.
#10
What is a 'Medicare Special Needs Plan' (SNP)?
A plan that offers coverage exclusively for dental care.
A plan designed for individuals with certain chronic conditions or specific health care needs.
A plan that provides extra benefits to high-income enrollees.
A plan for individuals with no pre-existing conditions.
#11
What is the role of a Medicare Advantage agent?
To enroll individuals only in Original Medicare.
To provide biased information about Medicare Advantage plans.
To help individuals understand and enroll in Medicare Advantage plans.
To discourage individuals from enrolling in any Medicare plan.
#12
What is 'Medicare Advantage Open Enrollment Period'?
A period for enrolling in any Medicare Advantage plan or switching to another one.
A period for individuals aged 65 and below to enroll in Medicare Advantage.
A period when Medicare beneficiaries can join or switch to a Medicare Advantage plan.
A period for individuals with certain chronic conditions to enroll in Medicare Advantage.
#13
Which entity oversees compliance with Medicare Advantage marketing rules?
Centers for Medicare & Medicaid Services (CMS)
American Medical Association (AMA)
Federal Trade Commission (FTC)
National Institutes of Health (NIH)
#14
What is the penalty for non-compliance with Medicare Advantage marketing rules?
A warning letter from the Federal Trade Commission.
Fines imposed by the Centers for Medicare & Medicaid Services.
Automatic termination of the Medicare Advantage plan.
No penalties, only warnings.
#15
Which of the following is NOT a permissible marketing practice for Medicare Advantage plans?
Offering promotional gifts to potential enrollees.
Providing accurate information about plan benefits.
Using deceptive advertising tactics.
Using official Medicare logos without permission.
#16
Which of the following is a requirement for marketing materials used for Medicare Advantage plans?
They must include exaggerated claims about plan benefits.
They must be written in a language other than English.
They must prominently display the plan's premiums and copayments.
They must target only affluent individuals.
#17
What is the penalty for providing misleading information about a Medicare Advantage plan?
No penalty, only a warning letter.
Fines and penalties imposed by the Centers for Medicare & Medicaid Services.
Automatic termination of the Medicare Advantage plan.
A reduction in the plan's coverage benefits.
#18
What is the purpose of the 'Medicare Marketing Guidelines'?
To provide marketing tips for private businesses
To regulate marketing practices for Medicare Advantage plans
To advertise Medicare Advantage plans to the general public
To promote Medicare Advantage plans to beneficiaries