#1
When can you enroll in Medicare for the first time?
During the Initial Enrollment Period (IEP)
ExplanationEnrollment period for initial Medicare enrollment.
#2
What does Medicare Part A cover?
Hospital stays and some skilled nursing facility stays
ExplanationCoverage for hospital and skilled nursing facility stays.
#3
What is the purpose of Medicare Part C?
To offer Medicare Advantage plans
ExplanationProvides Medicare Advantage plans.
#4
What is the purpose of Medicare Part B?
To cover outpatient medical services and supplies
ExplanationCovers outpatient medical services and supplies.
#5
What does Medicare Part B generally cover?
Doctor visits and outpatient care
ExplanationCovers doctor visits and outpatient care.
#6
What is the purpose of Medicare Part D?
To provide coverage for prescription drugs
ExplanationOffers coverage for prescription drugs.
#7
During which period can you switch from Original Medicare to a Medicare Advantage Plan?
Annual Enrollment Period (AEP)
ExplanationPeriod allowing switch from Original Medicare to Advantage Plans.
#8
What is a formulary in the context of Medicare Part D?
A list of covered prescription drugs and their tiers
ExplanationList of prescription drugs and coverage tiers.
#9
What is the 'Welcome to Medicare' preventive visit?
A visit to discuss and plan preventive services
ExplanationVisit for discussing and planning preventive services.
#10
Which of the following is not a factor that can affect Medicare eligibility?
Marital status
ExplanationMarital status does not affect Medicare eligibility.
#11
During which period can you make changes to your Medicare Advantage plan or switch back to Original Medicare?
Annual Enrollment Period (AEP)
ExplanationAllows changes to Medicare Advantage or switch to Original Medicare.
#12
What is the 'coverage gap' in Medicare Part D?
A period when you pay higher out-of-pocket costs for prescription drugs
ExplanationPeriod of higher out-of-pocket costs for prescription drugs.
#13
What is the Income-Related Monthly Adjustment Amount (IRMAA) for Medicare?
A premium paid by some Medicare beneficiaries based on their income
ExplanationPremium based on beneficiary income.
#14
What is the 'Medicare Advantage Disenrollment Period' (MADP)?
A period to switch from Medicare Advantage to Original Medicare
ExplanationTime frame for switching from Medicare Advantage to Original Medicare.
#15
What is the 'Medicare Part A Deductible' for 2024?
$1,556
ExplanationDeductible amount for Medicare Part A in 2024.