Exam 18: Social Insurance

Which of the following statements about the coverage of health care services under Part A of Medicare is (are)true? I.Services in the patient's home are covered if the patient requires skilled care and meets certain conditions. II.Hospice care is available for beneficiaries with a terminal illness.

Which of the following statements about the taxation of Social Security retirement benefits is (are)true? I.Social Security retirement benefits are never considered taxable income. II.Up to 85 percent of Social Security retirement benefits may be considered taxable income,depending on the amount of other income received by the beneficiary.

Which of the following statements about the Social Security cost-of-living adjustment is (are)true? I.The amount of the adjustment is limited to a maximum of 2.5 percent annually. II.Increases are based on changes in the consumer price index.

As of this year,Brad,age 50,has 40 credits under the Social Security program.These credits were all earned in the last 10 years.What is Brad's insured status under the program?

Marco,a risk manager in California,is interviewing for a new position in the state of Washington.When Marco asked about methods of providing workers compensation,the answer surprised him.In Washington,employers can self-insure the risk or obtain coverage through a state fund.Private insurers do not market workers compensation insurance in Washington.Washington uses a

Which of the following statements concerning Medicare Prescription Drug Plans is (are)true? I.The monthly premium is based on the health status of the beneficiary and the number of prescriptions the beneficiary needs. II.After the beneficiary has paid an initial deductible,Medicare pays the entire cost of all prescription drugs the beneficiary needs.

Under Part A of Medicare,how is reimbursement for inpatient hospital care determined?

Which of the following statements about covered occupations under the Social Security program is true?

All of the following statements about workers compensation programs are true EXCEPT

Which of the following statements about disability benefits under Social Security is true?

Which of the following statements about the Medicare prescription drug benefit is (are)true? I.Beneficiaries select a prescription drug plan and pay monthly premiums,with the premium reduced or waived for low-income beneficiaries. II.The benefit provides first-dollar coverage of prescription drugs up to a maximum of $10,000 per year,but no coverage after $10,000.

Frank is doing some life insurance planning.A financial advisor said,"be sure to consider Social Security when examining sources of funds available for family support if you die." The financial advisor was referring to which Social Security benefit?

All of the following statements about the characteristics of social insurance programs are true EXCEPT

Which of the following statements about credits (quarters of coverage)under the Social Security program is (are)true? I.Up to 10 credits can be earned in a single year. II.A worker receives one credit for each $10,000 of covered wages in a calendar year,regardless of the worker's wages.

Current problems and issues with workers compensation include all of the following EXCEPT

Which of the following statements about unemployment insurance benefits is true?

All of the following statements about Medicare are true EXCEPT

All of the following persons are eligible for a benefit under the retirement portion of the Social Security program EXCEPT

Prior to the establishment of workers compensation laws,an employer could use all of the following defenses to block an injured worker's claim for benefits EXCEPT

All of the following statements about the Medicare Prescription Drug Plan are true EXCEPT