New York Life Insurance # Long -Term Care

Front 1

Which of the following types types of LTC is NOT provided in an institutional setting?

Back 1

Home healthcare

Hint 1

Home health care is given in the home, but skilled nursing , intermediate and coustodial care may all be provided in an instutional settein

Front 2

Which renewal provision(s) must be included in a long term care policy issued to an individual

Back 2

Non cancellable and guaranteed renewable

Hint 2

No long term care policy is issued to an individual may contain renewable provision other than the guaranteed renewable or non cancellable

Front 3

In long-term care insurance, what type of care is provided with intermediate care ?

Back 3

Occasional nursing or rehabilitive care

Hint 3

intermediate care is nursing and rehabilitive care provided by medical personel for stable conditions that require assistance on a less frequent basis than skilled care.

Front 4

" Qualified " lont term care policies covering "home care" mustptovide benefits if the insured is imparied in at least 2 of the six activities of daily living (ADL) " Imparied" means ?

Back 4

Needs substantial " hands on " or "stand by" assistance with ADL

Front 5

What do LIVING BENEFIT Riders do ?

Back 5

They pay paqrt of the policy death benefit to the insureds in order to help them fund long term care or nursing home care.

Front 6

Occasional visits by which of the following medicl professionals will NOT becovered under LTC home health care ?

Back 6

Attending Physician

Hint 6

Home health care is care provided in one's home and could include occasional visits to the person's home by registered nurses, licenced practical nurses licensed vocational nurses or community -based organizations like hospice. Home health care might include physical therapy and some custodial care such as meal preperations.

Front 7

Which of the following is NOT covered under a longg term care policy ?

Back 7

Acutr care in a hospital.

Front 8

When dose Medicare cover nursing home care ?

Back 8

Only if it is part of treatment for a covered illness or injury

Hint 8

Medicare ill not cover long term care or nursing home care unless it is part of the treatment for a covered illness or injury.

Front 9

Which of the folloing levels of a care in long-term care policies specifically includes assistance with activities of daily living

Back 9

Personal care

Hint 9

Personal care includes hands on services to assist an individual with activities of daily living, and can be provided by a skilled or unskilled person

Front 10

Whivh of the following long=term care benefits, would provide coverage of care for fuctionally imparied adults on aless than 24 hour basis ?

Back 10

Adult day care is designed for those who require assistance with various ADL's pn a dailey basis, but not around the clock, Costidal care is usually the only service provided by adult care facilities

Hint 10

Adult day care is designed for those who require assistance with various ADL's pn a dailey basis, but not around the clock, Costidal care is usually the only service provided by adult care facilities

Front 11

Which of the folloowing would be amoung the projibited provisions for long term care insurance policies delivered to the insured in Califirnia.

Back 11

All of these

Hint 11

All the above are prohibited privisions for long-term care insurance policies

Front 12

What is the elimination peroid under a long term care policy ?

Back 12

The amount of time during which no benefits eill be paid

Hint 12

The elination peroid starts on the day that the policy goes into effect. This is the amount of time (usually 0-365 days) that no benefits will be paid, LTC policie typically have a 30-day elimination peroid,

Front 13

What type of care is Respite care ?

Back 13

Relief for a major care giver

Hint 13

Respite Care is designed to provide relife to the family care giver and can include a service such as someone coming to the home while the care takes a nap or goes out for a while.Adult day care centers also provide this type of reliefe for the caregiver

Front 14

Making use directly or indirectly of any methods of marketing which fail to disclose in a conspicuous manner that a purpose of the method of Marketing is a solocitation of insurance agent or insurance company isknown as ?

Back 14

Cold lead advertising

Hint 14

Cold lead advertising is any method which fails to disclose in a conspicucous manner that the true purpose is solicitation of insurance.

Front 15

What do living benefits do ?

Back 15

They pay part of the policy death benefit to insureds in order to help them fund long-term care or nursing home care.

Hint 15

Living benefit riders allow part of policy's death benefit to fund-long term care or nursing home care.