#1
Which of the following is a federal health insurance program primarily for people who are 65 or older?
Medicare
ExplanationFederal health insurance for seniors.
#2
What is the main purpose of Medicare Part A?
Hospital insurance
ExplanationCoverage for hospital stays.
#3
Which part of Medicare covers prescription drugs?
Part D
ExplanationPrescription drug coverage.
#4
What does Medicare Part C, also known as Medicare Advantage, offer?
Combines Part A and Part B benefits
ExplanationIntegration of hospital and medical insurance.
#5
What is the Medicare Part B premium based on?
Income level
ExplanationPremiums determined by income.
#6
What is the 'coverage gap' in Medicare Part D commonly referred to as?
Donut hole
ExplanationGap in prescription drug coverage.
#7
Which government agency oversees the Medicare program?
Centers for Medicare & Medicaid Services (CMS)
ExplanationCMS supervises Medicare.
#8
Which of the following is true about Medicare eligibility?
You must have worked and paid Medicare taxes for a certain period
ExplanationWork history required for eligibility.
#9
What is the purpose of the Medicare Initial Enrollment Period?
To enroll in both Medicare Part A and Part B
ExplanationInitial sign-up for Medicare basics.
#10
Which of the following is not covered by Medicare?
Long-term care
ExplanationExclusion of long-term care services.
#11
What is the purpose of Medicare Supplement Insurance (Medigap)?
To cover costs not covered by Original Medicare
ExplanationAdditional coverage for Medicare gaps.
#12
What is the purpose of the Medicare Advantage Open Enrollment Period?
To change Medicare Advantage plans or switch to Original Medicare
ExplanationOpportunity to switch plans.
#13
Which of the following is true about Medicare Advantage plans?
They often include prescription drug coverage and may offer extra benefits
ExplanationComprehensive coverage.
#14
What is the purpose of the Medicare Savings Program?
To provide financial assistance for Medicare premiums and other costs
ExplanationFinancial aid for Medicare expenses.
#15
What is the income-based adjustment that can affect Medicare premiums called?
Income-related monthly adjustment amount (IRMAA)
ExplanationIncome-driven premium adjustments.
#16
What is the purpose of the Medicare Advantage Disenrollment Period?
To disenroll from a Medicare Advantage plan and return to Original Medicare
ExplanationOption to switch back to Original Medicare.