Private Insurance

Which of the following types of care is typically not covered in a Long-Term Care policy?

Acupuncture

Under a Long Term Care policy, which benefit would be typically excluded or limited?

Alcohol rehabilitation

Medicare Part C is

available to those who are enrolled in Medicare Part A and Part B

The guarantee of insurability option provides a long-term care policyowner the ability to

buy additional coverage at a later date

Which of the following will a Long Term Care plan typically provide benefits for?

home health care

What is the MINIMUM number of Activities of Daily Living (ADL) an insured must be unable to perform to qualify for Long Term Care benefits?

2

How long is the typical free look period for Long Term care insurance policies?

30 days

Qualified Long-Term Care policies may take into consideration an applicant's pre-existing conditions for a maximum of not more than __ month(s) prior to the effective date of coverage.

6

The individual most likely to buy a Medicare Supplement policy would be a(n)

68-year old male covered by Medicare

A "reimbursement policy" pays what amount of covered Long-Term Care expenses?

Actual covered expenses up to the daily maximum

Long Term Care policies will usually pay for eligible benefits using which of the following methods?

Expense incurred

Medicare Part B does NOT cover

Inpatient hospital services

Nursing home benefits must be provided for at least 12 consecutive months in which of the following types of policies?

Long-Term Care

If a retiree on Medicare required five hospital stays in one year, which policy would provide the best insurance for excess hospital expenses?

Medicare Supplement

Which Long Term Care insurance statement is true?

Pre-existing conditions must be covered after the coverage has been in force for six months