Basics
Enrollment Periods
Medigap
100

What does Medicare Part B cover? 

Doctors/Outpatient 

100

When can someone first sign up for Medicare?

IEP

100

Name 3 characteristics of all Medicare Supplement Plans

No Networks, Guaranteed Renewable, Standardized

200

What % does OG Medicare cover?

80%

200

I did not sign up for Medicare when first eligible because I had group coverage. The next best time to sign up for Medicare is when?

SEP

200

When is the best (and easiest) time to purchase a Medicare Supplement Plan?

Open Enrollment

300

What is a deductible?

preset amount you have to pay FIRST

300

When can I sign up for Medicare using GEP. And when will my coverage start?

January - March. Coverage starts July 1

300

I lost my coverage due to no fault of my own. I can sign up for a Medicare Supplement using this?

GI right

400

What is Part C? What does it do?

Medicare Advantage. REPLACES OG Medicare

400

How long is IEP? 

7 months. 3 months before, the month of, 3 months after. 

400

I am starting Medicare for the first time in August and want to purchase a Medicare Supplement plan. I currently have cancer. Can I still sign up?

Yes. I am in OE and they cannot deny me coverage for any health conditions

500

What is the monthly Premium for Part B?

$148.50

500

I turn 65 on November 1st. When am I eligible for Medicare?

October 1

500

What is Standardization?

Each Medigap policy must offer the same benefits, no matter which insurance company sells it. Cost is the only difference from carrier to carrier.