Health Care > QUESTIONS & ANSWERS > 2022 Wellcare ACT Mastery Exam - Teleagent(2022 Wellcare ACT Journey to a successful season - teleag (All)

2022 Wellcare ACT Mastery Exam - Teleagent(2022 Wellcare ACT Journey to a successful season - teleagent - AND - + 2022 Wellcare ACT know you product EQUALS = 2022 WELLCAR ACT MASTERY EXAM - TELEAGENT

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deductible Correct Answer: Amount you must pay before you begin receiving any benefits from your insurance company Medicare Correct Answer: A national health insurance program in the United States,... begun in 1965 under the Social Security Administration and now administered by the Centers for Medicare and Medicaid Services. Medicare Advantage Correct Answer: Medicare plans other than the Original Medicare Plan Medicaid Correct Answer: A federal and state assistance program that pays for health care services for people who cannot afford them. Medicare requirements Correct Answer: -must be 65 or older, disabled, or have end-stage renal disease -have to be under a licensed physician -home care recipients must also be homebound and in need of skilled nursing or therapy services on an intermittent basis Medigap Correct Answer: a private insurance policy that pays the difference between the medical charge and the amount that Medicare pays Medigap Eligibility and Enrollment Correct Answer: Unlike Part C which 'disenrolls' an individual from Parts A and Part B, a Medigap plan works with Part A and Part B, requiring recipients to first enroll into the Original Medicare program and then supplement it with a Medigap plan. Individuals who are enrolled in Part C cannot also receive coverage from a Medigap plan and must re-enroll into Parts A and B in order to purchased a Medigap plan. All Medigap insurers are required to offer a one-time, 6-month enrollment period after turning age 65 for individuals who have already enrolled in Medicare Part B that guarantees an enrollee the right to purchase any part of a Medicare supplement insurance policy, regardless of his or her health status. Beyond the initial enrollment period, an [Show More]

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