If a retiree on Medicare required five hospital stays in one year, which policy would provide the best insurance for excess hospital expenses?
a. 68-year old male covered by Medicare. Medicare Supplements are available to those covered by Medicare.
b. policies pay on a reimbursement (or expense-incurred) basis, up to the policy limits.
c.A qualified Long Term Care policy must stipulate that the insured be incapable of performing at least (2) of the ADL's without assistance for at least 90 days to qualify for benefits.
d. In this situation, a Medicare Supplement policy would provide the subscriber the best coverage for excess charges.