Medicare Supplement Open Enrollment Period (OEP)

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In the state of wisconsin What is the maximum number of days of inpatient mental health care covered per lifetime?

365 days

200 days

175 days (correct)

100 days

When does the Medicare Supplement Open Enrollment Period (OEP) start for an individual who is 65 years old?

On the first day of the month the applicant applies for Medicare Supplement

On the first day of the month the applicant is covered under Medicare Part A

On the first day of the month the applicant is 65 years old

On the first day of the month the applicant is covered under Medicare Part B (correct)

Which of the following is a requirement for insurance companies during the Medicare Supplement Open Enrollment Period?

They can charge an applicant with health problems more for a policy than they charge someone with no health problems

They can make the applicant wait for coverage to start

They cannot refuse to sell the applicant any Medicare Supplement policy the company offers (correct)

They must sell the applicant Plan C, Plan F, or F (HD)

In wisconsin What is the minimum number of home health care visits covered by Medicare?

40 visits Signup and view all the answers

Which of the following plans are no longer available to people new to Medicare on or after January 1, 2020?

Plans C and F, including F (HD) Signup and view all the answers

What is the purpose of a Rider in a Medigap policy?

To add additional coverage to the policy Signup and view all the answers

What is the main difference between Guaranteed Issue rights and Medicare Supplement Open Enrollment Period?

Guaranteed Issue rights are triggered when certain types of healthcare coverage change for the beneficiary Signup and view all the answers

What is the percentage of Part B coinsurance that Medicare beneficiaries are generally responsible for?

20% Signup and view all the answers

What is the exception to covering all pre-existing health conditions under Guaranteed Issue rights?

If the applicant has a break in coverage for more than 63 days Signup and view all the answers

What is the order of payment for Medicare Supplement plans?

Original Medicare is primary then Medicare Supplement plan is secondary Signup and view all the answers

Which of the following plans are not available for purchase by applicants who became eligible for Medicare in 2020 or later?

Plan C, F, and High Deductible Plan F Signup and view all the answers

During which period can a beneficiary disenroll from a MAPD plan and enroll in a PDP plan?

Open Enrollment Period (OEP) Signup and view all the answers

What is the benefit of electronic claims coordination with Original Medicare?

No need for Medicare beneficiary to submit claims Signup and view all the answers

What is the purpose of the 30-day free look period in Medicare Supplement plans?

To give beneficiaries time to review and cancel their plan Signup and view all the answers

How many circumstances under federal law give a beneficiary the right to buy a policy?

7 Signup and view all the answers

What is the primary purpose of the 'State-Specific GI Rights' tab in the Medicare Supplement Master Reference Guide?

To provide information on guaranteed acceptance determination Signup and view all the answers

What is required to be completed by the applicant before submitting the application?

Medical questions on the application Signup and view all the answers

Who is responsible for engaging in preliminary underwriting discussions prior to submitting the application?

Humana agent Signup and view all the answers

What is the purpose of the Medicare Supplement Agent Field Guide?

To provide guidance on the agent's role in the application process Signup and view all the answers

What is the minimum number of additional home health care visits covered by a Medigap policy with a Rider?

365 Signup and view all the answers

What is the maximum number of pints of blood covered by a Medigap policy per year?

3 Signup and view all the answers

What is the percentage of the Part B copayment and coinsurance covered by a '50% Cost-sharing Plan'?

50% Signup and view all the answers

What is the name of the period during which a Medicare beneficiary can purchase a Medigap policy without answering health questions?

Medigap Open Enrollment Period Signup and view all the answers

What is the purpose of a Part A deductible Rider in a Medigap policy?

To cover the Part A deductible Signup and view all the answers

What is the main difference between a '50% Cost-sharing Plan' and a high-deductible plan?

The level of cost-sharing Signup and view all the answers

What is the maximum number of days of inpatient hospital care covered by Medicare?

Unlimited Signup and view all the answers

What is the purpose of a Foreign Travel Emergency Care Rider in a Medigap policy?

To cover emergency care while traveling outside the US Signup and view all the answers

What is the primary purpose of a Medigap policy?

To cover Medicare deductibles and copayments Signup and view all the answers

What is the benefit of adding a Part B deductible Rider to a Medigap policy?

To cover the Part B deductible Signup and view all the answers