Original Medicare is made up of 2 parts, that are more commonly known as:
A.
Part A and Part B
B.
Plan A and Plan B
C.
Medicare Part C and Part D
D.
Medicare Supplement and Medicare Advantage
2.
Which of the following is covered by Medicare Part B?
A.
Hospital costs
B.
Dental care
C.
Medical costs
D.
Vision care
3.
Does what you pay for Medicare depend on your income?
A.
True
B.
False
C.
It Depends
4.
With Original Medicare once you’ve met your deductible, Medicare Part B usually covers __% of the costs for Medicare-approved services?
A.
100
B.
80
C.
60
D.
50
5.
If you have Original Medicare, without any secondary insurance, what's the maximum amount you could pay for healthcare out-of-pocket expenses?
A.
Unlimited annually
B.
$50,0000 annually
C.
$7,550 annually
D.
$0 annually
6.
What services are NOT typically covered by Original Medicare?
A.
Prescription drugs
B.
Routine dental care
C.
Routine vision care
D.
All of the above
7.
Which of the following are insurance policies to expand your Medicare coverage?
A.
Medicare Advantage plans
B.
Medicare Supplement Insurance plans
C.
Prescription drug plans
D.
All of the above
8.
What type of Medicare plan may also cover dental, vision and hearing?
A.
Medicare Advantage plans
B.
Medicare Supplement Insurance plans
C.
Prescription drug plans
9.
How often can you change your Medicare plan?
A.
Once a year
B.
Every month
C.
Whenever you want
D.
It depends on your circumstances
10.
What's the most efficient way to find out which insurance plan is best suited to your individual needs and budget?
A.
Call an agent who sells plans for just one insurance provider
B.
Find a list of every company offering plans in your zip code and start calling them one by one
C.
Talk to an independent sales agent who is licensed to sell plans for many different providers
D.
Read the Medicare-related mail you’ve received over the last six months and try to work out which plan is right for you
11.
You pay the same amount for a specific insurance company's plan whether you sign up with them directly, or use an agent to help you.
A.
True
B.
False
Quiz Outcomes
1.
You're A Medicare Rookie
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2.
You're A Medicare Amateur
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3.
You're A Medicare Rising Star!
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4.
You're A Medicare Wiz!
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5.
You're A Medicare Marvel!
Thanks for taking our quiz. Wow! You seem to know your stuff. If you need any help comparing Medicare Advantage plans in your area we're here to help!See the answers below.