AARP Medicare Supplement Insurance Plans Certification Practice Test

Question: 1 / 400

What is true about consumers aged 77 or older regarding the enrollment discount?

They are eligible for a higher discount

They are not eligible for the enrollment discount

Consumers aged 77 or older are not eligible for the enrollment discount. This detail is important because insurance companies often set specific criteria for discounts based on age, and in this case, those 77 and older typically do not qualify for any new enrollment discounts that may apply to younger enrollees. This approach helps to manage risk and set pricing structures within the context of health insurance for those who are likely to have higher healthcare needs as they age.

The other options suggest benefits or eligibility for discounts or lower rates that do not apply to this age group. Therefore, acknowledging that individuals 77 and older do not receive the enrollment discount helps clarify the specific policies and pricing structures associated with AARP Medicare Supplement Insurance Plans. Understanding this aspect can help consumers in this age range make more informed decisions regarding their insurance options.

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They pay a lower rate

They automatically qualify for guaranteed issue

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