What is Medicare Part D intended for?
A. Intended to help users covers all out-of-pocket costs to avoid unpredictable expenses.
B. Intended to save participants money on prescription drug costs and help protect against higher drug cost in the future.
C. Intended to replaces Original Medicare by helping lower out of pocket expenses.
B. Intended to save participants money on prescription drug costs and help protect against higher drug cost in the future.
What is Medigap?
A. Extra insurance bought from a private health insurance company to help pay your out-of-pocket costs.
B. Medigap helps to pays for long-term care, dental, vision, and hearing services.
C. Medigap covers everything Medicare doesn’t.
A. Extra insurance bought from a private health insurance company to help pay your out-of-pocket costs.
Andrew is a 65 year old man. He is in good health and is already enrolled in a Medicare Plan. Does he qualify for Medicare Plan D.
Yes or No
Yes!
What was our last presentation on?
retirement options before the age of 59 1/2 years old
Yes or No
Does your Medicare premium depend on your income?
Yes.
How many options of Medigap are there?
A. 3
B. 10
C. 14
D. 5
C. 14
True or False
You and your spouse must buy separate Medigap policies.
True.
Dylan just turned 64, what is the time frame for enrollment for his Medicare plan and his Part D prescription drug plan?
A. 7 months total
B. 1 year (year after he turns 65)
C. No time limit
D. Anytime before the age of 70
A. 7 months
When did Medicare Part D Start?
A. January 1, 2006
B. December 31, 2005
C. January 1, 2004
A. January 1, 2006
What does Medigap not cover? List one example
Long-term care (like care in a nursing home), Vision or dental care, Hearing aids, Eyeglasses, Private-duty nursing
True or False
If I move to a different state, my plan will follow me.
False.
When can I change my Medicare part D plan?
October 15 - December 7th