Exam 22: Social Security

The Primary Insurance Amount (PIA)in Social Security:

Social Security eligibility is based on how many __________ are earned.

The 2006 report from the trustees of Social Security indicates that:

Which of the following is not a characteristic of a public assistance program benefits?

To have one quarter of coverage in the Social Security program,you must have:

Social Security's definition of "disability" is:

There is no provision to coordinate benefits received under Social Security and Workers' compensation.

The decision to enroll in the Medicare prescription drug plan requires:

Only "currently insured" workers are entitled to a Social Security retirement benefit.

Which of the following is false concerning the operation of the Social Security system?

Medicare has three coverage parts;one part is mandatory,the other two are optional.

Members of the U.S.Army are covered by the Social Security program.

After 40 quarters in covered employment a person achieves "fully insured" status,and may receive Social Security benefits even if he or she never works again.

The "retirement test" reduces Social Security benefits if there is non-wage (for example,dividend or interest)income in excess of about $6,000.

Many HMOs have not enjoyed providing managed care for Medicare because:

Mr.Smalley is a retiree on the Medicare prescription drug plan. This year his drug expenditures are $15,100. What percentage will Medicare pay of the medications that cost between $8,000 and $15,100?

Both Parts A and D of the Medicare program are compulsory.

Mr.Smalley is a retiree on the Medicare prescription drug plan. This year his drug expenditures are $5,100. What percentage will Medicare pay of the medications that cost between $2,250 and $5,100?

Self-employed people:

The Social Security black-out period occurs between the time: