Shared Flashcard Set

Details

L/H ch 9
Medicare and Health Insurance for Seniors
11
Insurance
Professional
06/27/2011

Additional Insurance Flashcards

 


 

Cards

Term
Part B of medicare provides benefits for medical insurance
Definition
hospitalizaiton
Term
Some long-term care benefits are covered under Medicare. What is a close benefit of those conditions.
Definition
Nursing home health cre is provided limited coverage
Term
T/F Hospice coverage includes giving the service of counseling and comfort to those considered terminally ill.
Definition
True.
Term
If a Medicare recipienthas both parts A and B:
Definition
the B premium is greater than A
Term
Medicare does NOT cover:
Definition
private duty nursing
Term
Medicare part A is primarily funded by:
Definition
Social Security payroll taxes (FICA)
Term
Medicare supplement policies are sold and issued to supplement medicare coverage can be issued in which of the following ways:
Definition
core benefits only (OBRA)
Term
This group is NOT entitled to Medicare
Definition
Persons who qualify fo public assistance programs.
Term
The benefits provided by long term care policies do not included:
Definition
care given in an acute care unit of a hospital
Term
T/F Long-term care policies can not contain renewability clauses described as "guaranteed renewable"
Definition
False
Term
T/F Because of strict legislation, LTC policies contain a "free look" period. Like life and helth insurance, this period is 10 days.
Definition
False
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