Question

1. Which of the following is a basic benefit that must be included in all Medicare supplement (medigap) policies?

A. limited long-term care benefits

B. full payment of the first $2,500 of prescription drug charges each calendar year

C. payment for preventive care

D. 365 additional days of hospitalization coverage after Medicare ends

2.The majority of life insurance companies proceed on the assumption that the additional hazard of a substandard risk increases with age, remains approximately constant at all ages, or decreases with age. An example of a hazard that typically increases with age is

A high blood pressure

B. a past illness

C. a leg or knee injury

D. a dangerous occupation

Answer 1

1) Answer: 365 additional days of hospitalization coverage after Medicare ends

As a core benefit in Medicare policy if the insurer Medicare is exhausted than the Medicare will pay the hospital bills for another 365 days additional for hospital coverage. It is one of the core benefit of Medicare.

2) Answer: a dangerous occupation

As it is already dangerous in nature the more the insurer ages the risk of the job also increases more. Hence it is an hazard which typically Increase with age.