Massachusetts Health & Accident Insurance Practice Exam

Which of the following best describes the coverage provided after age 65 under certain conditions?

1. Covers all medical expenses without limitation

2. Allows workers to maintain minimum weekly hours

3. Provides basic retirement income for insured individuals

4. Includes comprehensive coverage for long-term care

The correct answer is: Allows workers to maintain minimum weekly hours

The selected answer highlights the aspect of coverage that allows workers to maintain their employment status under certain conditions after reaching age 65. This is particularly relevant in the context of health and accident insurance because it recognizes that many individuals may wish or need to continue working part-time or in a reduced capacity to supplement their income or manage their healthcare needs as they age. Retaining minimum weekly hours can be important for ensuring that individuals remain eligible for certain benefits or coverage, which can help bridge the gap between retirement and full retirement-age benefits. This understanding of maintaining employment aligns with the broader concept of managing healthcare costs and benefits efficiently as individuals transition into retirement. The other options do not accurately reflect the typical provisions around insurance coverage for individuals over 65. Comprehensive coverage for long-term care is indeed an essential consideration for many, but it does not specifically relate to the defined choice of maintaining minimum work hours. Similarly, while some forms of health insurance may offer extensive coverage, a blanket statement about covering all medical expenses without limitation is an exaggeration. Lastly, offering basic retirement income pertains more to financial planning than medical coverage.