Medicare Supplement
Medicare Supplements plan enrollments can only be done during AEP and SEPs. (TRUE/ FALSE)
FALSE
When was Humana founded?
1961
ICEP can used the month of the Part B start date, TRUE or FALSE?
FALSE, ICEP is used the 3 months prior to the Part B start date.
A roll of cloth or a flash of lightning?
Bolt
Individuals enrolled in a PDP or MAPD may disenroll to enroll or maintain other creditable drug (such as TriCare or VA coverage) by using this SEP to enroll in a MA-only plan. The effective date of enrollment is the first day of the month following the month the enrollment request is received by the organization. What is the SEP name?
OCC
What is the deductible amount for the High Deductible Plan G?
$2700.
What is Humana's new company purpose?
Health first
Name the SEP is for individuals who are losing group health coverage (including COBRA). Losses include the individual opting out of the Company/Group coverage during the employer’s annual benefit selection season, changes due to life events and discontinuation of employment or the Company/Group ceases to offer group health coverage.
SEP LEC
Determination or minute rough granules of sand?
Grit
Besides shareholder value, what is the acronym for the broader purpose/ responsibility adopted by companies?
ESG - envorinma=environmental, Social, and Governance
Is there guaranteed issue for ICEP?
If so, how many months?
Yes 6 months
What are the 3 components of Health First that will drive our success?
Healthy:
Teammates
Company
Customers
What is the enrollment period for Medicare Advantage enrollees following IEP/ICEP. The one-time election begins the month of entitlement (effective date) to Part A and Part B and for two additional months.
OEP NEW
From the Greek word for deep sleep?
Coma
Words used to describe a Joe
what is Average or The Plumber
How many days is the free look period on a Medicare Supplement plan?
30 days
What are the new company values?
Caring, Curious , Committed
Name the SEP for individuals who dropped a Medicare Supplement (Medigap) plan after enrolling in an MA/MAPD for the first time, and who are still within 12 calendar months of that first MA/MAPD enrollment.
Trial Period
Sly and crafty like a cartoon coyote?
Wily
What is the heritage of Fredericksburg
What is German
What is the discount for an automatic payment option?For more than one person in the household?
$2 per month automatic payment.
12% for the household discount.
What was the publication that ranked Humana the #1 Medicare Advantage plan in the US in 2023?
US News and World Report
In three categories for 2023 -- best company for Medicare Advantage plan overall rating, best company for member experience, and best company for low-premium plan availability
What is the scenario when a member notifies the plan that they moved or have been out of service area for 6+ months and have yet to be disenrolled?
An SEP begins when the member notifies the plan and continues for two additional months after the month of notification to the plan.
A roue or his garden implement?
Rake
Who is the founder of Humana MarketPoint?
WHo is Fred Wheeler