Question

A retired couple, eligible for Medicare, has the need to purchase a “Medicare Advantage” plan. List...

A retired couple, eligible for Medicare, has the need to purchase a “Medicare Advantage” plan. List and describe two additional coverages they should have included in their selections.

Homework Answers

Answer #1

Since the couple is retired and there has been need for "Medicare Advantage" plan, so they must choose the additional coverages that are not covered in the Medicare Advantag plan. Thus, two additional coverages the retired couples must have along with "Medicare Advantage" plan are:

1. Hospice: Medicare Advantage plan do not cover hospice benefits. Hospice benefit covers care for terminal illness and other related.It provides services in patients home, so it will be lot more benefit for the retired couple.

2. Telehealth: This would enable the couple to stay at home and can take the benefit by online check up from the doctor.

    

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In a couple sentences, with references: What happened under Medicare expansion? How much is the monthly...
In a couple sentences, with references: What happened under Medicare expansion? How much is the monthly premium for Medicare hospital benefits? AND how much is the monthly premium for Medicaid in NY? Think back to your assignment to shop for health insurance on NY’s Exchange and now make a recommendation: who should enroll in a Medicare Advantage plan? Who would you recommend should NOT enroll in a Medicare Advantage plan? What is the income requirement for an individual to qualify...
Assume that you will retire in 30 years. You plan to be retired for a total...
Assume that you will retire in 30 years. You plan to be retired for a total of 30 years. You wish to withdraw the equivalent of $50,000 per year (in TODAY'S dollars) from your retirement fund each year that you are retired (ASSUME that there will NOT be any adjustments for inflation DURING your retirement. You will withdraw the same dollar amount every year that you are retired). The expected inflation rate for the next 30 years is 3%. You...
Jonathan has just reached the coverage gap in his Medicare Part D plan. He goes to...
Jonathan has just reached the coverage gap in his Medicare Part D plan. He goes to the pharmacy to get a prescription filled. His doctor has given him two prescriptions, one for a brand-name drug, which costs $180, and one for a generic version of the drug, which costs $90. Given this scenario, please respond to the following questions: How much would Jonathan have to pay out-of-pocket for each of the two versions of the drug? What amount will be...
June and Henry, a newlywed couple, decided that it is time to become “real grownups” and...
June and Henry, a newlywed couple, decided that it is time to become “real grownups” and start hosting dinner parties at their place. The couple decided that in order to do so they need to invest in a big dining table so that they could have the entire family over. Because their apartment was not very big, June convinced Henry that they should buy a table that can extend to a larger size if needed, in order to accommodate more...
Livingston Fabrication has created the following aggregate plan for the next five months: August September October...
Livingston Fabrication has created the following aggregate plan for the next five months: August September October November December Forecasting demand (units of finished goods) 1,000,000.00 1,000,000.00 2,000,000.00 4,000,000.00 1,000,000.00 Production plan 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 Assume that Livingston will have nothing in inventory at the end of July. Livingston employs 500 production assembly workers and it takes one production assembly worker 3 minutes to assemble one unit of finished good. (The unit is complete at that point.) Each production...
3) Now you will plan for your retirement. To do this we need to first determine...
3) Now you will plan for your retirement. To do this we need to first determine a couple of values. a. How much will you invest each year? $1,000 a year is what i will invest. State what you will use for P, r, and n to earn credit. ( The typical example of a retirement investment is an I.R.A., an Individual Retirement Account, although other options are available. However, for this example, we will assume that you are investing...
Need Assitance with 2, 4A and 5. Filled in other anserws in bold. Andretti Company has...
Need Assitance with 2, 4A and 5. Filled in other anserws in bold. Andretti Company has a single product called a Dak. The company normally produces and sells 87,000 Daks each year at a selling price of $56 per unit. The company’s unit costs at this level of activity are given below: Direct materials $ 6.50 Direct labor 8.00 Variable manufacturing overhead 3.80 Fixed manufacturing overhead 10.00 ($870,000 total) Variable selling expenses 1.70 Fixed selling expenses 2.50 ($217,500 total) Total...
Question: On the Level Construction Company has been growing and needs to purchase a new machine....
Question: On the Level Construction Company has been growing and needs to purchase a new machine. They have been researching multiple companies and have narrowed down their choices to two options - based on reliability and customer service. They now need the help of accounting to determine which option is better financially. Company 1 - Millipede The equipment would cost $3,000,000 up front. It has a 12 year useful life. Millipede's equipment would allow for 2 additional construction jobs per...
Kate and Brian Little married in 2002, however, the couple started having marital issues in 2016....
Kate and Brian Little married in 2002, however, the couple started having marital issues in 2016. Although they are not legally separated, they consider themselves completely estranged as of now. The two of them have considered divorcing, but due to financial issues, they have not filed. Further, their financial issues have meant that Kate and Brian cannot afford to live in separate homes. Thus, although they consider themselves separated, they and their three boys all reside in a single-family home...
The Medicare Catastrophic Coverage Act of 1988 (MCCA) implemented Spousal Impoverishment Protection Legislation in 1989 to...
The Medicare Catastrophic Coverage Act of 1988 (MCCA) implemented Spousal Impoverishment Protection Legislation in 1989 to prevent married couples from being required to spend down income and other liquid assets (cash and property) before one of the partners could be declared eligible for Medicaid coverage for nursing facility care. The spouse residing at home is called the community spouse (which has nothing to do with community property). Before monthly income is used to pay nursing facility costs, a minimum monthly...