Chapter Exam - Private Insurance Plans for Seniors (LAH_Texas)
A "reimbursement policy" pays what amount of covered Long-Term Care expenses?
actual covered expenses up to the daily maximum
Which of the following types of care is typically not covered in a Long-Term Care policy?
acupuncture
Medicare Part C is:
available to those who are enrolled in Medicare Part A and Part B
Long Term Care policies will usually pay for eligible benefits using which of the following methods?
expense incurred
Which of the following will a Long Term Care plan typically provide benefits for?
home health care
Medicare Part B does NOT cover:
inpatient hospital services
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
The individual most likely to buy a Medicare Supplement policy would be a(n)
68-year old male covered by Medicare