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Life and Health Insurance Producer Exam

Medicare supplement (MI): practice questions

Our Life & Health Insurance bank has 5 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Michigan

If a Medicare supplement policyholder becomes eligible for Medicaid, how long may benefits and premiums be suspended at the policyholder's request?

  1. Up to 24 months, if requested within 90 days after becoming eligible
  2. Up to 12 months, if requested within 30 days after becoming eligible
  3. Indefinitely, with no deadline for the policyholder's request
  4. Up to 6 months, if requested within 60 days after becoming eligible
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A. Up to 24 months, if requested within 90 days after becoming eligible — MCL 500.3827(2) (required application statement 4).

Question 2 · Michigan

How long is the Medicare supplement open enrollment period during which an insurer may not deny or price based on health status?

  1. 3 months before and 3 months after the person's 65th birthday month
  2. 12 months, beginning on the date the person first enrolls in Medicare Part A at any age
  3. 6 months, beginning with the first month the person aged 65 or older enrolls in Part B
  4. 31 days after the person's employer group coverage ends
Show the answer

C. 6 months, beginning with the first month the person aged 65 or older enrolls in Part B — MCL 500.3829(1).

Question 3 · Michigan

When one Medicare supplement policy replaces another, what must the replacing insurer do?

  1. Apply a new 6-month preexisting-condition period to every benefit in the replacement policy
  2. Obtain the director's approval before issuing the replacement policy
  3. Waive waiting, elimination, probationary and preexisting-condition periods already served
  4. Refund the first year's premium on the replaced policy to the insured
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C. Waive waiting, elimination, probationary and preexisting-condition periods already served — MCL 500.3833.

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