Question 1

Survivor benefits may be paid to both the widow and dependent children of a deceased worker.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following benefits is not provided under the Social Security program?

Accepted Answer

A) survivor benefits 
B) disability benefits 
C) retirement benefits 
D) welfare payments to poor people 
A) survivor benefits 
B) disability benefits 
C) retirement benefits 
D) welfare payments to poor people

Question 3

Medicare's prescription drug plan:

Accepted Answer

A) has a $50 deductible 
B) may negotiate with pharmaceutical companies to get lower medication prices 
C) must, by law, negotiate with pharmaceutical companies to get lower medication prices 
D) costs $35 per month 
A) has a $50 deductible 
B) may negotiate with pharmaceutical companies to get lower medication prices 
C) must, by law, negotiate with pharmaceutical companies to get lower medication prices 
D) costs $35 per month

Question 4

The Social Security normal retirement age for a person born in 1970 is 65.

Accepted Answer

A) True 
 B)False

Question 5

Self-employed people must participate in the Social Security program.

Accepted Answer

A) True 
 B)False

Question 6

There will soon be a drastic decline in the number of persons receiving Social Security disability benefits.

Accepted Answer

A) True 
 B)False

Question 7

Mr.Smalley is a retiree on the Medicare prescription drug plan. This year his drug expenditures are $250. What percentage will Medicare pay of the $250?

Accepted Answer

A) 0 
B) 75 
C) 95 
D) none of the above 
A) 0 
B) 75 
C) 95 
D) none of the above

Question 8

To receive Social Security retirement benefits one must be:

Accepted Answer

A) fully insured and of retirement age 
B) currently insured and of retirement age 
C) fully insured and meet the definition of disability 
D) in financial need 
A) fully insured and of retirement age 
B) currently insured and of retirement age 
C) fully insured and meet the definition of disability 
D) in financial need

Question 9

Which of the following groups would not be covered by Social Security?

Accepted Answer

A) doctors in private practice 
B) professional athletes 
C) coal miners 
D) certain exempt state employees 
A) doctors in private practice 
B) professional athletes 
C) coal miners 
D) certain exempt state employees

Question 10

Social Security survivor benefits cannot be paid to:

Accepted Answer

A) husbands of deceased workers 
B) wives of deceased workers 
C) children of deceased workers 
D) nonprofit charities 
A) husbands of deceased workers 
B) wives of deceased workers 
C) children of deceased workers 
D) nonprofit charities

Survivor benefits may be paid to both the widow and dependent children of a deceased worker.

Which of the following benefits is not provided under the Social Security program?

Medicare's prescription drug plan:

The Social Security normal retirement age for a person born in 1970 is 65.

Self-employed people must participate in the Social Security program.

There will soon be a drastic decline in the number of persons receiving Social Security disability benefits.

Mr.Smalley is a retiree on the Medicare prescription drug plan. This year his drug expenditures are $250. What percentage will Medicare pay of the $250?

To receive Social Security retirement benefits one must be:

Which of the following groups would not be covered by Social Security?

Social Security survivor benefits cannot be paid to:

Fundamentals and Terminology

Defining the Insurable Event

Risk Management

Financial Services Companies

Insurance Occupations

the Insurance Market: the Economic Problem

Insurance Regulation

Insurance Contracts

Basic Property and Liability Insurance Contracts

Homeowners Insurance

the Personal Auto Policy

Professional Financial Planning

Life Insurance Policies

Standard Life Insurance Contract Provisions And Options

Annuities

Medical Expense and Disability Insurance

Advanced Topics in Risk Management

Commercial Property Insurance

Commercial Liability Insurance

Bonding,Crime Insurance and Reinsurance

Employee Benefits

Unemployment and Workers Compensation Insurance

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Exam 22: Social Security

Survivor benefits may be paid to both the widow and dependent children of a deceased worker.

Which of the following benefits is not provided under the Social Security program?

Medicare's prescription drug plan:

The Social Security normal retirement age for a person born in 1970 is 65.

Self-employed people must participate in the Social Security program.

There will soon be a drastic decline in the number of persons receiving Social Security disability benefits.

Mr.Smalley is a retiree on the Medicare prescription drug plan. This year his drug expenditures are $250. What percentage will Medicare pay of the $250?

To receive Social Security retirement benefits one must be:

Which of the following groups would not be covered by Social Security?

Social Security survivor benefits cannot be paid to:

Fundamentals and Terminology

Defining the Insurable Event

Risk Management

Financial Services Companies

Insurance Occupations

the Insurance Market: the Economic Problem

Insurance Regulation

Insurance Contracts

Basic Property and Liability Insurance Contracts

Homeowners Insurance

the Personal Auto Policy

Professional Financial Planning

Life Insurance Policies

Standard Life Insurance Contract Provisions And Options

Annuities

Medical Expense and Disability Insurance

Advanced Topics in Risk Management

Commercial Property Insurance

Commercial Liability Insurance

Bonding,Crime Insurance and Reinsurance

Employee Benefits

Unemployment and Workers Compensation Insurance

Filters