L/H UNIT 21 CHECKPOINT

C) seeing

All of the following are considered activities of daily living EXCEPT A) eating B) bathing C) seeing D) dressing

A) Medicare LTC coverage requires a 30-day hospital stay *Medicare LTC coverage requires a 3-day hospital stay*

All of the following statements about Medicare's long-term care are correct EXCEPT A) Medicare LTC coverage requires a 30-day hospital stay B) there's no Medicare LTC coverage after 100 days C) Medicare LTC coverage pays 100% for the first 20 days D) Medicare LTC coverage requires a co-payment for days 21-100

B) home health care

Carl is 95 years old and often needs skilled medical and therapy services in his home. Which of the following types of long-term care does Carl need? A) respite care B) home health care C) adult day care D) assisted living care

B) guaranteed insurability *guaranteed insurability allows the insured to buy additional coverage at specified future times using her attained age and without providing evidence of insurability*

Roxanne wants to buy additional coverage in the future using her attained age and without having to provide evidence of insurability. Which of the following optional benefits should Roxanne add to her long-term care policy? A) renewable insurability B) guaranteed insurability C) nonforfeiture benefits D) inflation protection

C) intermediate care

Which of the following is intermittent care performed by licensed nurses under a doctor's orders? A) home health care B) custodial care C) intermediate care D) skilled nursing care

A) Alzheimer's disease

Which of the following would NOT be excluded from a LT care policy? A) Alzheimer's disease B) self-inflicted injuries C) nervous disorders D) alcohol abuse

C) the longer the benefit period, the lower the premium *the benefit period is a minimum of 12 months, but usually lasts 2-5 years; the insured may pay a higher premium if they would life a lifetime benefit period*

All of the following statements about a long-term care policy benefit period are correct EXCEPT A) most policies allow applicants to choose benefit periods from 2-5 years B) policies must provide coverage for at least 12 months C) the longer the benefit period, the lower the premium D) the longer the benefit period, the higher the premium

B) employer-paid premiums are considered taxable income to the employee

All of the following statements about qualified long-term plans are correct EXCEPT A) premiums paid by self-employed people are tax deductible B) employer-paid premiums are considered taxable income to the employee C) long-term care benefits are received income tax free up to a specified dollar amount D) employers who pay long-term care premiums for their employees may deduct the premium as a business expense

C) 30 days *marketing standards for LT care insurance are basically the same as those for Medicare supplement insurance; the free-look period is 30 days for all LT care policies*

How long is the free-look period in a LT care insurance policy? A) 45 days B) 10 days C) 30 days D) 31 days

C) custodial care

Kathleen needs help with eating, bathing, and dressing. Which level of long-term care does she need? A) skilled nursing care B) intermediate care C) custodial care D) home health care

B) day

Long-term care benefit amounts are usually expressed as dollars per A) lifetime B) day C) month D) year