Chapter 5 Private Insurance Plans for Seniors
Which of the following types of care is typically not covered in a Long-Term Care policy?
Acupuncture Skilled care Home Health care Custodial care *Acupuncture
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.
1 6 12 24 *6
A "reimbursement policy" pays what amount of covered Long-Term Care expenses?
All expenses regardless of the policy limits Actual covered expenses up to daily maximum A daily dollar amount regardless of the actual incurred expenses The usual, customary, and reasonable expenses regardless of the policy limits *Actual covered expenses up to daily maximum
Nursing home benefits must be provided for at least 12 consecutive months in which of the following types of policies?
Blanket custodial Long-Term Care Critical Illness Medicare Supplements *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?
Long-term care Indemnity Medicare Supplement Medicaid *Medicare Supplement