#1
What does Medicare Part A cover?
Hospital stays
ExplanationMedicare Part A covers hospital stays, including inpatient care, skilled nursing facility care, hospice care, and some home health care.
#2
Which of the following is true about Medicare Part B?
It covers preventive services like screenings and vaccines
ExplanationMedicare Part B covers a range of preventive services, including screenings, vaccinations, and counseling, to help prevent or detect illnesses.
#3
What does Medicare Part D primarily cover?
Prescription drugs
ExplanationMedicare Part D primarily covers the cost of prescription drugs, helping beneficiaries afford necessary medications.
#4
Which of the following is NOT a covered service under Medicare Part A?
Prescription drugs
ExplanationPrescription drugs are not covered under Medicare Part A, which primarily includes hospital stays, skilled nursing facility care, hospice care, and some home health care.
#5
Which Medicare part helps cover the cost of hospital stays, skilled nursing facility care, hospice care, and some home health care?
Medicare Part A
ExplanationMedicare Part A helps cover the cost of hospital stays, skilled nursing facility care, hospice care, and some home health care services.
#6
What is the 'donut hole' in Medicare?
A gap in coverage for prescription drugs
ExplanationThe 'donut hole' in Medicare refers to a gap in coverage for prescription drugs, where beneficiaries may pay higher out-of-pocket costs.
#7
What is the eligibility age for Medicare?
65
ExplanationThe eligibility age for Medicare is 65, although some individuals may qualify earlier due to certain medical conditions or disabilities.
#8
What is the purpose of Medicare Advantage (Part C) plans?
To provide extra benefits not covered by Original Medicare
ExplanationMedicare Advantage (Part C) plans are designed to provide additional benefits beyond what is covered by Original Medicare, such as vision and dental care.
#9
Which of the following is NOT a factor affecting Medicare costs?
Enrollment period
ExplanationThe enrollment period is not a factor affecting Medicare costs; other factors include income, health conditions, and the specific plans chosen.
#10
What is Medigap insurance designed to do?
Provide extra coverage for out-of-pocket costs
ExplanationMedigap insurance is designed to supplement Original Medicare by providing additional coverage for out-of-pocket costs, such as copayments and deductibles.
#11
Which part of Medicare covers prescription drugs?
Part D
ExplanationMedicare Part D is the prescription drug coverage that helps beneficiaries pay for prescription medications.
#12
How does Medicare define a 'skilled nursing facility' (SNF) stay?
A facility providing short-term medical and rehabilitative care
ExplanationA 'skilled nursing facility' (SNF) stay, according to Medicare, involves short-term medical and rehabilitative care provided in a facility.
#13
What is the penalty for late enrollment in Medicare Part B?
A 5% increase in premium for each year of delay
ExplanationThe penalty for late enrollment in Medicare Part B is a 5% increase in the premium for each year of delay beyond the Initial Enrollment Period.
#14
What is the income-related monthly adjustment amount (IRMAA) in Medicare?
A surcharge added to Medicare premiums for individuals with higher incomes.
ExplanationIRMAA is a surcharge added to Medicare premiums for individuals with higher incomes, helping fund the program.
#15
What is the maximum penalty for late enrollment in Medicare Part D?
10% increase in premium for each year of delay
ExplanationThe maximum penalty for late enrollment in Medicare Part D is a 10% increase in premium for each year of delay beyond the Initial Enrollment Period.