Exam 3 review Flashcard

Exam 3 review Flashcard

Assessment

Flashcard

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

17 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Which Medicare part functions like traditional hospital insurance and helps cover inpatient care and limited home health services?

Back

Part A

2.

FLASHCARD QUESTION

Front

If a senior is interested in having their Medicare coverage managed through a private insurance company with added benefits, which option should they consider?

Back

Medicare Advantage (Part C)

3.

FLASHCARD QUESTION

Front

True or False: Everyone who qualifies for Medicare is automatically enrolled in all four parts.

Back

False

4.

FLASHCARD QUESTION

Front

What's one potential drawback of choosing a short elimination period for disability coverage?

Back

Higher premiums

5.

FLASHCARD QUESTION

Front

Which policy offers the broadest coverage by paying benefits even if you can work a different job, but not your original job?

Back

Own-occupation

6.

FLASHCARD QUESTION

Front

If someone wants lower disability insurance premiums, which strategy could help? Options: Increasing the benefit period, Choosing a longer elimination period, Lowering their deductible, Opting for comprehensive medical coverage

Back

Choosing a longer elimination period

7.

FLASHCARD QUESTION

Front

True or False: Disability insurance replaces 100% of your previous income.

Back

False

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?