Ch. 16 Exam Questions (Health) - Private Insurance Plans for Seniors

A health plan offered by private insurance companies is

A Medicare Supplement

What is a "functional assessment" for long-term care benefits?

A review of the insured's ability to perform the activities of daily living

A family counseling benefit is typically offered under which of these coverages?

Hospice care

Some standard Medicare Supplement policies include which benefit?

Hospice care

Which of these statements reflects an accurate portrayal of Medicare SELECT?

Insured uses preferred providers in exchange for paying lower premiums

Andy is in need of health care performed by skilled medical practitioners, but only on an intermittent basis. What level of care will his doctor likely prescribe?

Intermediate care

Custodial care is normally covered under

Long-term care insurance

Medicare Part B excess charges are covered by

Medicare Supplemental insurance

Medicare Supplement insurance requires an individual to be at least how old for open enrollment?

No minimum age

Long-term care policies normally cover expenses associated with

Nursing homes

Which of the following is NOT covered by a comprehensive long-term care policy?

Acute care

In long-term care insurance, what is the length of time for which claims will be paid?

Benefit period

Linda is covered with long-term care insurance and has early-stage Alzheimer's. She is still able to reside in her home while receiving primary care, as opposed to moving into a nursing home. All of the following long-term benefits encourage this EXCEPT for

Custodial care

Employer-paid qualified long-term care insurance premiums are typically

Excluded from the employee's gross income

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

Expense incurred