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Lesson 16 Quiz

The following quiz is provided for your information to help you measure your retention level on the material covered within this lesson. It is not graded. Only the final examination is graded.

Answer or complete each question to the best of your knowledge and click on the "Check your answer" button. If your answer is incorrect, you will be instructed where to find the correct answer. It is not necessary to repeat the quiz if you exit this page; however, your answers will not be saved once you exit. This feature is provided for future practice purposes.

1
Medicare Supplement Policies

Under Florida law, Medigap applies to both the hospital and medical insurance plans administered by the federal government for the elderly and permanently disabled.

a)
b)
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2

Medicare supplement insurance must supplement __________ of Medicare.

a)
b)
c)
d)
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3
Long-Term Care Insurance

If an LTC policy pays a lump sum assisted living facility benefit of $200 per day and the facility charges $225 per day, the additional $25 would be:

a)
b)
c)
d)
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4

Long-term care is medical care that is needed for an extended period of time, typically longer than ______ days.

a)
b)
c)
d)
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5

is a serious condition that with proper medical treatment, the patient should receive full recovery and is a physical condition that is constant in nature and for which there is no full recovery possible.


Word bank: Acute illness, Chronic illness

Acute illness is a serious condition that with proper medical treatment, the patient should receive full recovery and Chronic illness is a physical condition that is constant in nature and for which there is no full recovery possible.

Lesson 16.2Check your answer

6

Most LTC policies pay a lump sum benefit per day.

a)
b)
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7

Skilled nursing care is available only:

a)
b)
c)
d)
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8

Taxable amounts paid under any LTC policy are adjusted annually for inflation.

a)
b)
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9

Match the following types of care with their respective descriptions.

a)
b)
c)
d)
e)
f)

a) Skilled Nursing Care

b) Intermediate Nursing Care

c) Custodial Care

d) Home Health Care

e) Respite Care

f) Continuing Care

Lesson 16.2.1

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10

HIPAA requires all LTC policies to contain certain provisions in order to qualify for tax-exempt treatment.

a)
b)
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