Even with Medicare, It Is Important for Patients to Have

question 9

Multiple Choice

Even with Medicare, it is important for patients to have additional coverage in a supplemental plan to cover costs outside of those that Medicare covers, commonly referred to as Medigap insurance.Identify an example of such a supplemental plan.

• A) HIPPA
• B) HBO
• C) AARP
• D) PCP

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Definitions:

Bankruptcy Abuse Prevention

Legislation and measures intended to prevent individuals or entities from exploiting bankruptcy laws for unfair advantage.

Consumer Protection Act

Legislation designed to safeguard the rights and interests of consumers by ensuring fair trade, accurate information, and the right to privacy.

Liquidation

Liquidation is the process of bringing a business to an end and distributing its assets to claimants, often occurring when a company is insolvent.

Trustee

In a legal context, a trustee is responsible for managing the assets placed within a trust, ensuring the trust's terms are followed for the benefit of the beneficiaries.