Question 1

Which of the following is NOT covered by Medicare?

Accepted Answer

A) Long-term care expenses in a nursing home or at home 
B) Hospice care 
C) Prescription drugs 
D) Physician services 
A) Long-term care expenses in a nursing home or at home 
B) Hospice care 
C) Prescription drugs 
D) Physician services A

Question 2

Reverse mortgages are recommended for most people to help pay for long-term care.

Accepted Answer

A) True 
 B)False  False

Question 3

An agent is required to help with the purchase of long-term care insurance.

Accepted Answer

A) True 
 B)False  False

Question 4

A community residential living arrangement that provides individual personal care and health services for people who need help with activities of daily living

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 5

Medicare Part A would pay for which of the following?

Accepted Answer

A) Inpatient care in a skilled nursing facility following a required three-day hospital stay 
B) Prescription medications 
C) Medicare Advantage Plans 
D) Outpatient hospital care 
A) Inpatient care in a skilled nursing facility following a required three-day hospital stay 
B) Prescription medications 
C) Medicare Advantage Plans 
D) Outpatient hospital care

Question 6

A long-term care insurance policy can include an option to notify a third party if the policy is about to lapse for nonpayment.

Accepted Answer

A) True 
 B)False

Question 7

A policy that pays a fixed monetary benefit,usually per day,for a designated benefit period during which the insured generally receives care at home or in a nursing home

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 8

To receive a Supplemental Security Income SSI)basic monthly benefit,a person must:

Accepted Answer

A) Be a United States resident 
B) Have contributed to Social Security by working throughout their adult lives 
C) Not be eligible for food stamps,Medicaid,or Social Security 
D) Be 62 years old or older 
A) Be a United States resident 
B) Have contributed to Social Security by working throughout their adult lives 
C) Not be eligible for food stamps,Medicaid,or Social Security 
D) Be 62 years old or older

Question 9

Which is the LEAST reliable and complicated way to pay for long-term care?

Accepted Answer

A) Using a reverse mortgage on the home owned by the person needing care 
B) Buying long-term care insurance 
C) Accelerating the death benefits from life insurance 
D) Borrowing from the cash value of a whole life insurance policy 
A) Using a reverse mortgage on the home owned by the person needing care 
B) Buying long-term care insurance 
C) Accelerating the death benefits from life insurance 
D) Borrowing from the cash value of a whole life insurance policy

Question 10

A federal program that makes monthly payments based on need to people age 65 or older who have low income and few assets

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 11

If a person wants to buy long-term care insurance,he or she should buy a policy that covers both in- home and nursing home care.

Accepted Answer

A) True 
 B)False

Question 12

All of the following are features of Social Security EXCEPT:

Accepted Answer

A) Social Security pays benefits based on financial need. 
B) It is funded by taxes paid by workers,employers,and self-employed people. 
C) It provides benefits to retired workers,people who are disabled,and dependents of deceased and disabled workers. 
D) At the end of 2027,the retirement age with full benefits will rise to 67 years of age. 
A) Social Security pays benefits based on financial need. 
B) It is funded by taxes paid by workers,employers,and self-employed people. 
C) It provides benefits to retired workers,people who are disabled,and dependents of deceased and disabled workers. 
D) At the end of 2027,the retirement age with full benefits will rise to 67 years of age.

Question 13

A provision in a long-term care insurance policy that allows the insured to stop paying premiums once benefits are received

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 14

Which of the following is NOT one of the six activities of daily living?

Accepted Answer

A) Reading 
B) Dressing 
C) Continence 
D) Transferring 
A) Reading 
B) Dressing 
C) Continence 
D) Transferring

Question 15

Medicare Advantage Plans that are available in all states include all of the following EXCEPT:

Accepted Answer

A) Medicare Cost Plans 
B) Health maintenance organizations 
C) Preferred provider organizations 
D) Private fee-for-service plans 
A) Medicare Cost Plans 
B) Health maintenance organizations 
C) Preferred provider organizations 
D) Private fee-for-service plans

Question 16

A federal program that provides benefits for eligible workers when they retire

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 17

A form of public assistance that provides medical aid for people who have income and assets below a certain level

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 18

An option that provides for increases in benefit amounts to help pay for expected future increases in the costs of long-term care services

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Question 19

Which of the following is NOT covered by Medicare Part B?

Accepted Answer

A) Hospice care 
B) Durable medical equipment 
C) Diagnostic tests 
D) Necessary ambulance services 
A) Hospice care 
B) Durable medical equipment 
C) Diagnostic tests 
D) Necessary ambulance services

Question 20

A feature that returns a portion of the premiums if the insured cancels the insurance policy or allows it to lapse

Accepted Answer

A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period 
A)  nursing home 
B)  assisted living facility 
C)  Social Security 
D)  Supplemental Security Income 
E)  Medicare 
F) Medicaid
G) long-term care insurance
H) inflation protection
I) nonforfeiture benefit
J) waiver of premium payment
K) elimination period

Which of the following is NOT covered by Medicare?

Reverse mortgages are recommended for most people to help pay for long-term care.

An agent is required to help with the purchase of long-term care insurance.

A community residential living arrangement that provides individual personal care and health services for people who need help with activities of daily living

Medicare Part A would pay for which of the following?

A long-term care insurance policy can include an option to notify a third party if the policy is about to lapse for nonpayment.

A policy that pays a fixed monetary benefit,usually per day,for a designated benefit period during which the insured generally receives care at home or in a nursing home

To receive a Supplemental Security Income SSI)basic monthly benefit,a person must:

Which is the LEAST reliable and complicated way to pay for long-term care?

A federal program that makes monthly payments based on need to people age 65 or older who have low income and few assets

If a person wants to buy long-term care insurance,he or she should buy a policy that covers both in- home and nursing home care.

All of the following are features of Social Security EXCEPT:

A provision in a long-term care insurance policy that allows the insured to stop paying premiums once benefits are received

Which of the following is NOT one of the six activities of daily living?

Medicare Advantage Plans that are available in all states include all of the following EXCEPT:

A federal program that provides benefits for eligible workers when they retire

A form of public assistance that provides medical aid for people who have income and assets below a certain level

An option that provides for increases in benefit amounts to help pay for expected future increases in the costs of long-term care services

Which of the following is NOT covered by Medicare Part B?

A feature that returns a portion of the premiums if the insured cancels the insurance policy or allows it to lapse

The Estate Plan and the Purpose and Need for a Will

The Concept of Property Related to Wills,trusts,and Estate Administration

The Participants and the Proper Court

The Law of Succession: Death Testate or Intestate

Wills Validity Requirements, modification, revocation, and Contests

Preparation to Draft a Will Checklists and the Conference With the Client

Final Draft and Execution of a Valid Will

Introduction to Trusts

Classification of Trusts, the Living Trust, and Other Special Trusts

Estate Planning

Personal Representatives: Types, pre-Probate Duties, and Appointment

Probate and Estate Administration

Informal Probate Administration

Tax Considerations in the Administration of Estates

Ethical Principles Relevant to Practicing Paralegals and Legal Assistants

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Exam 11: Long-Term Care

Which of the following is NOT covered by Medicare?

Reverse mortgages are recommended for most people to help pay for long-term care.

An agent is required to help with the purchase of long-term care insurance.

A community residential living arrangement that provides individual personal care and health services for people who need help with activities of daily living

Medicare Part A would pay for which of the following?

A long-term care insurance policy can include an option to notify a third party if the policy is about to lapse for nonpayment.

A policy that pays a fixed monetary benefit,usually per day,for a designated benefit period during which the insured generally receives care at home or in a nursing home

To receive a Supplemental Security Income SSI)basic monthly benefit,a person must:

Which is the LEAST reliable and complicated way to pay for long-term care?

A federal program that makes monthly payments based on need to people age 65 or older who have low income and few assets

If a person wants to buy long-term care insurance,he or she should buy a policy that covers both in- home and nursing home care.

All of the following are features of Social Security EXCEPT:

A provision in a long-term care insurance policy that allows the insured to stop paying premiums once benefits are received

Which of the following is NOT one of the six activities of daily living?

Medicare Advantage Plans that are available in all states include all of the following EXCEPT:

A federal program that provides benefits for eligible workers when they retire

A form of public assistance that provides medical aid for people who have income and assets below a certain level

An option that provides for increases in benefit amounts to help pay for expected future increases in the costs of long-term care services

Which of the following is NOT covered by Medicare Part B?

A feature that returns a portion of the premiums if the insured cancels the insurance policy or allows it to lapse

The Estate Plan and the Purpose and Need for a Will

The Concept of Property Related to Wills,trusts,and Estate Administration

The Participants and the Proper Court

The Law of Succession: Death Testate or Intestate

Wills Validity Requirements, modification, revocation, and Contests

Preparation to Draft a Will Checklists and the Conference With the Client

Final Draft and Execution of a Valid Will

Introduction to Trusts

Classification of Trusts, the Living Trust, and Other Special Trusts

Estate Planning

Personal Representatives: Types, pre-Probate Duties, and Appointment

Probate and Estate Administration

Informal Probate Administration

Tax Considerations in the Administration of Estates

Ethical Principles Relevant to Practicing Paralegals and Legal Assistants

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