Question: 1. Social insurance programs like Social Security require means testing in order to receive benefits. Question 1 options: True False Question 2 (1 point) 2.
1. Social insurance programs like Social Security require means testing in order to receive benefits.
Question 1 options:
| True | |
| False |
Question 2 (1 point)
2. OASDI retirement benefits require retirees to be fully insured, however survivor benefits require the recipient to be fully and currently insured status.
Question 2 options:
| True | |
| False |
Question 3 (1 point)
3. If a worker delays retirement past the full retirement age, their benefit amount will increase.
Question 3 options:
| True | |
| False |
Question 4 (1 point)
4. Social Security cost-of-living adjustments are based on the Consumer Price Index.
Question 4 options:
| True | |
| False |
Question 5 (1 point)
5. Medicare Part A pays all covered hospital costs after the annual deductible is met.
Question 5 options:
| True | |
| False |
Question 6 (1 point)
6. Medicare Part B is automatic, without cost, and covers physician expenses.
Question 6 options:
| True | |
| False |
Question 7 (1 point)
7. Medigap policies are sold by private insurers to pay for insufficient coverage in Medicare.
Question 7 options:
| True | |
| False |
Question 8 (1 point)
8. Medicare is facing a financial crisis due in part to the increase in eligible beneficiaries.
Question 8 options:
| True | |
| False |
Question 9 (1 point)
9. To receive unemployment benefits, an unemployed worker must be actively looking for work.
Question 9 options:
| True | |
| False |
Question 10 (1 point)
10. Workers compensation medical benefits are subject to deductibles and coinsurance.
Question 10 options:
| True | |
| False |
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