What is the Primary Goal of Long Term Care - correct answer To maintain functionality
Which of the following most precisely defines the fundamentals
... [Show More] of self-care and the basic tasks of life? - correct answer Activities of daily living
Long Term Care occurs only in nursing facilities. - correct answer False
On what basis are benefits payable under a long term care insurance policy typically triggered? - correct answer the inability to perform defined ADLs
A long-term care ombudsman represents people in a given geographical area who live in assisted living residences or skilled nursing facilities. - correct answer True
Which level of care has as its chief characteristic assistance with ADLs? - correct answer Custodial
All of the following are examples of formal caregiving EXCEPT: - correct answer Daily transportation to a senior center provided by a neighbor.
All of the following are services commonly offered by assisted living residences EXCEPT: - correct answer Continuous post-operative monitoring.
Which of the following is not an example of home or community-based long-term care? - correct answer CCBSs
Medicare covers the cost of long-term custodial care in the home when it is delivered by a Medicare-certified agency. - correct answer False
Which of the following is a correct statement about Medicare? - correct answer Medicare does not cover long-term care.
Which of the following only covers inpatient hospital care and hospice? - correct answer Medicare Part A
With regard to Medicare and long-term care, which of the following statements is true? - correct answer Medicare covers care in a skilled nursing facility for a limited time, but only if the care follows an admitted hospital stay and is ordered by a physician.
Which of the following is a correct statement about Medicare Part D Prescription Drug coverage? - correct answer Enrollment in Part D is voluntary.
The federal government: - correct answer Gives states flexibility in administering their Medicaid Programs
How much of a community spouse's own income must be spent on care for an institutionalized spouse who is receiving Medicaid assistance? - correct answer Not:
all of it
50%
25%
None of the income that a community spouse receives in his or her name, such as wages or Social Security or a pension, must be diverted to the cost of care for the institutionalized spouse.
A burial plot is exempt when determining Medicaid eligibility. - correct answer True
Medicaid is available to pay for LTC expenses for anyone without LTC insurance. - correct answer False
Of the factors below, which does state review to determine a person's eligibility for Medicaid? - correct answer I. Assets
II. Income
Under current Medicaid rules, what is the look-back period for the transfer of assets? - correct answer 60 months
Long-term care insurance policies are easy to compare and contrast. - correct answer False
An insurance company can increase the premiums on its LTCI policies after policy inception if the insured's health declines. - correct answer False
All of the following may deduct the full cost of their qualified LTCI premiums, subject to the age-based limits, EXCEPT: - correct answer Employees whose premiums are paid by their employers
Group LTCI policies are contracts between the insurance company and each individual member of the group. - correct answer Fasle
Which of the following sets forth the length of time an LTCI policy will pay benefits? - correct answer the benefit period
A guaranteed renewable LTCI policy provides coverage must be continued as long as premiums are paid. - correct answer True
Marcus purchases a long-term care insurance policy at age 45. Which of the following will give him the most protection against the rising cost of long-term care? - correct answer Inflation protection
Which of the following best describes the elimination period in an LTCI policy? - correct answer It is a waiting period before benefits begin. [Show Less]