Oct 14, 2015
HOW SMART ARE YOU ABOUT MEDICARE? TAKE THIS MEDICARE QUIZ AND FIND OUT!
President Lyndon B. Johnson signed the Medicare program into law in 1965. For more than 50 years, Medicare has provided essential medical benefits and financial protections for individuals and covers more than 50 million Americans today. Whether you are under 65 or already retired, knowing the basics about Medicare is important.
For most eligible Americans, Medicare benefits are supplemented by private insurance coverage. There is no additional cost to consumers to learn more about supplemental coverage by consulting with an AHIP certified and licensed Health Insurance Agent. Idaho and Washington State residents are invited to contact AMERICAN INSURANCE for more information.
TAKE THE MEDICARE QUIZ: Then post your score in Comments at the bottom of this page.
TRUE OR FALSE? Jot down your answers and when done check your score by clicking Medicare Quiz & Answers – 10 Things to Know
- Medicare is health insurance only for people age 65 and older.
- Medicare Part A is generally described as “Hospital Insurance” and helps cover: Inpatient care in hospitals and skilled nursing facilities, hospice care and home health care.
- If you’re close to age 65, but not getting Social Security or Railroad Retirement Board (RRB) benefits now, you will automatically be enrolled in Medicare Part A.
- You must sign up for Medicare Part B (Medical Insurance) at the same time you enroll for Medicare Part A.
- For most people age 65 and over Medicare Parts A & B are provided as a free benefit.
- You must be enrolled in both Medicare Parts A & B in order to buy Medicare Supplemental Insurance, also called Medigap, to help pay the copayments, coinsurance, and deductibles not covered fully by Medicare.
- You do not need to be enrolled in both Medicare Parts A & B in order to enroll in Medicare Part C, a MedAdvantage Plan.
- Medicare Part B (Medical Insurance) includes services from doctors and other health care providers, outpatient care and outpatient prescription drugs.
- Medicare Part D provides prescription drug benefits as an optional coverage available only from an approved Medicare Prescription Drug Plan (PDP).
- Choose your Medicare Prescription Drug Plan carefully because once selected you can NOT change plans.
ALL DONE? Check your score by clicking Medicare Quiz & Answers – 10 Things to Know
HOW DID YOU DO?
9 – 10 Correct Answers: Excellent!
6 to 8 Correct Answers: Very Good!
3 to 5 Correct Answers: Good!
0 to 2 Correct Answers: Average – but now you know a lot more!
POST YOUR SCORE IN COMMENTS BELOW.